Stablecoin infrastructure push: US state bankers associations formed the BankChain Alliance to build an industry-owned blockchain network for stablecoins, tokenised deposits, smart payments and automated settlement, targeting a 2027 launch. AI risk oversight: APRA urged banks to strengthen AI risk controls rather than slow deployment, as regulators push for safer adoption. Crypto payments expansion: MoonPay expanded PayBox to xAI’s Grok, letting users transact via a non-custodial “payment vault” with configurable control modes. Crypto tax rules in Ireland: Ireland excluded crypto and derivatives from new tax-advantaged investment accounts launching in 2027, while keeping listed stocks, bonds, ETFs and funds eligible. Retail crypto derivatives in Thailand: Thailand’s SEC proposed allowing retail access to qualifying overseas crypto derivatives via licensed intermediaries, with public comments open through Sept. 30. Banking competition in India: HSBC is reportedly bidding for Nuvama Wealth as private equity interest heats up. Mortgage term extension in China: Lenders began accepting applications for 40-year mortgages after rules extended maximum terms from 30 years. Local banking access in Ghana: Bank of Ghana approved three new National Investment Bank branches in the Savannah Region to expand credit and services. Market backdrop: Bond traders leaned toward a Fed rate hike after Kevin Warsh’s Jackson Hole remarks, while volatility remains.