Meet Rassvet, Russia’s Answer to Starlink

In late March, Russian company Bureau 1440 brought into low orbit the first 16 broadband internet satellites of the new Rassvet constellation, already dubbed by observers and local media the Russian answer to SpaceX’s Starlink. It’s an ambitious global internet project that experts say could conceal much broader strategic goals, with functions including military and…

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Payward buys Reap for $600M to expand stablecoin payment services in Homg Kong

Kraken parent Payward has agreed to acquire Hong Kong-based Reap Technologies for up to $600 million, adding card issuance and cross-border stablecoin payment infrastructure to its expanding business services platform. Summary Payward agreed to acquire Hong Kong-based Reap Technologies for up to $600 million. Reap’s payment infrastructure will be integrated into Payward Services to support…

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BSP Issues Warning Anew Against Unauthorized Crypto Service Providers

The Bangko Sentral ng Pilipinas (BSP) issued a public advisory on May 8, 2026, warning the public against transacting with unauthorized virtual asset service providers (VASPs). The central bank noted that engaging with unlicensed platforms poses significant risks to financial consumers.   According to the advisory sent to media publications including BitPinas, VASPs are entities that…

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