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According to The Defiant, Australian bank Westpac announced that starting in December, it will set a monthly limit of 10,000 Australian dollars on payments involving cryptocurrency for its customers, and it will not provide exemptions or arrangements for higher limits.Westpac also stated that withdrawals from cryptocurrency exchanges to Westpac accounts are not affected by this adjustment and will continue to be processed as before.

According to Cointelegraph, Stellar has launched Project Thruput, a new execution model that has gone live on FutureNet. Early benchmarks show that the model achieves 7.02 million payments per second by scaling across multiple machines.

According to an official report from Cointelegraph, the competition among cryptocurrency exchanges is undergoing transformation, with the industry's focus gradually shifting from trading data to users' broader daily financial needs. During TOKEN2049, Gate officially launched a one-stop financial service application, Gate Money, to lead this new competitive landscape.Dr. Han, the founder and CEO of Gate, pointed out that Gate Money aims to break down the barriers between traditional investments and daily consumption. It integrates users' named bank accounts, fiat currencies, cryptocurrency assets, and traditional financial holdings such as stocks and gold into the same account system, combined with the Gate Card that supports Apple Pay and Google Pay, as well as a Visa co-branded card, granting assets instant consumption capabilities. It also integrates various fiat currency deposits and withdrawals, on-chain transfers, instant exchanges, and up to 3.6% annualized wealth management, achieving a one-stop experience for asset management, appreciation, and payments.While expanding its business, Gate always places compliance and transparency at its core. Currently, the platform has obtained compliance qualifications in Malta, Dubai, Australia, and the United States; the platform's total reserves amount to $8.688 billion, with a comprehensive reserve ratio of 118.49%. The launch of Gate Money marks Gate's acceleration towards upgrading into a comprehensive financial ecosystem that encompasses daily payments and comprehensive asset management.

According to an exclusive report from "Du Jia," Douyin is currently testing exclusive interactive props for short drama scenes. Viewers can spend platform diamonds to send these props, which will trigger corresponding interactive effects in the short drama, allowing viewers to transition from simply "watching the drama" to paying for participation in the storyline.The report indicates that some short dramas will display entrances for props like "Iron Sand Palm · 1 Diamond" at key conflict points in the plot, with 1 diamond approximately equal to 0.1 yuan. This model opens up an interactive tipping monetization channel beyond traditional full episode unlock payments, advertisements, and short drama cards. In terms of industry background, current short drama revenue is highly concentrated among a few hit titles, putting significant pressure on small to medium projects to recoup costs, while one-time full episode payments filter out users who are only willing to make small payments. Prop payments will connect live tipping capabilities to short drama content, aiming to tap into the fragmented consumption potential of existing users.The report also warns that low-threshold props may provoke controversies related to deliberately creating conflicts and inducing consumption, requiring the platform to maintain ongoing regulation.

According to The Defiant, the V2 version of Privacy Pools has been deployed to the BNB Chain, providing BNB Chain users with payment and yield shielding features.This deployment supports BNB as well as stablecoins including USDT, FDUSD, and U. However, users still need to go through the deposit screening approval of 0xbow for private consumption.

According to First Financial News, the Korea Communications Commission (KMCC) has determined that Google and Apple violated the Telecommunications Business Act by enforcing in-app payments, and has decided to impose a total fine of 63.7 billion Korean Won on the two companies. Among them, Google was fined 42.9 billion Korean Won, and Apple was fined 20.81 billion Korean Won.The regulatory agency also issued a corrective order, requiring both companies to modify their relevant business procedures. This penalty comes about three years after South Korea first announced its sanction plans in 2023.

According to data from paymentscan.xyz, the monthly transaction volume of crypto cards has shown signs of slowing down after continuous growth. The total transaction volume for September was approximately $1.231 billion, setting a new peak for this phase; while as of October, the cumulative total is about $1.15 to $1.2 billion, making it unlikely to achieve month-over-month growth for the entire month.Among them, leading projects such as RedotPay, EtherFi, and KAST have all experienced a month-over-month decline in October. According to data from approximately 30 card projects tracked, the cumulative transaction volume of crypto cards has reached $13.69 billion, but the recent monthly momentum has weakened.

According to Tencent news, on October 27, Tencent's cross-border payment platform TenPay Global reached a cooperation with South Korea's Samsung Wallet and Woori Bank to jointly promote the interconnectivity of cross-border QR code payments.After South Korean users come to China, they can use the Samsung Wallet Money e-wallet within Samsung Wallet to scan the WeChat Pay collection code or show the payment code to merchants, allowing them to spend at tens of millions of WeChat Pay merchants within China.

According to a report by the Korean News Agency, South Korean credit card company Shinhan Card announced that it will collaborate with Upbit's parent company Dunamu to launch a pilot program for token payments based on GIWA Chain in the South Korean credit card industry for the first time. The testing will take place at Shinhan Card's headquarters, where employees will receive tokens issued by Shinhan Card through the GIWA Wallet and complete payments by scanning a QR code.The system uses on-chain identity verification technology Dojang to verify employee identities, allowing only pre-registered wallets to participate in transactions. Shinhan Card stated that it plans to promote commercialization after the relevant legislation is completed and gradually expand the access scope for merchants and the global blockchain network.

According to Bitcoin.com News, a cooperative project in Thailand has launched a digital wallet application called WORPT, allowing foreign tourists to exchange stablecoins such as USDT and USDC for Thai Baht and make payments to local merchants through Thailand's QR PromptPay network. The application was launched under the Thai Securities and Exchange Commission's tourist Digipay regulatory sandbox program, jointly developed by Waan Exchange and Wipay, with partners including Tether, The Mall Group, and Visa.According to the sandbox design, local merchants do not directly accept cryptocurrencies, and payments are settled in Thai Baht through standard payment systems. WORPT also plans to launch physical and virtual Visa prepaid cards, allowing users to share the same Thai Baht balance for QR code payments and card transactions. The project is scheduled to hold an official launch event in November 2026 and must comply with the sandbox requirements for identity verification, transaction monitoring, and anti-money laundering rules.

On October 21, the payment network Visa announced three capabilities aimed at the growth of commercial cards, the security of virtual cards, and the automation of commercial payments in San Francisco, serving financial institutions, fintech companies, and enterprises. Darren Parslow, Global Head of Visa Commercial Solutions, stated that companies are accelerating the automation of payment-related tasks from identifying vendor opportunities to approving invoices and executing transactions. These capabilities are designed to provide the necessary data, security, and control.The three capabilities are SESA 2.0, Visa Commercial Fraud Solutions, and a live pilot conducted with the billing platform BILL and the accounts receivable platform Billtrust. SESA 2.0 combines AI vendor scoring, Visa commercial payment data, buyer benchmarks, and business value modeling to help identify vendors more likely to accept commercial cards and estimate growth opportunities. Visa claims that since its launch, SESA has helped financial institutions discover over $600 billion in potential cardable spending.Visa Commercial Fraud Solutions covers vendor verification, authenticating commercial virtual card users through 3-D Secure, and transaction-level controls such as spending, merchant category, location, and time. Payment controls have already been provided to eligible issuing institutions in supported countries and regions, while the other two are currently in pilot and are planned for full rollout in 2027. Visa also stated that the pilot with BILL and Billtrust has gone live, allowing trusted AI agents to initiate and assist in completing approved invoice payments through the vendor portal, using tokenized payment credentials without relying on shared vendor portal login credentials.

According to Bloomberg, Hong Kong cryptocurrency payment card company Redotpay is preparing to submit a confidential IPO application to the U.S. SEC by the end of the year, with a target valuation of at least $5 billion.The report indicates that the company is still negotiating pre-IPO financing with a valuation between $4 billion and $5 billion. Public information shows that the company currently has over 9 million customers and an annual revenue of over $180 million. Redotpay also raised $194 million in 2025, with supporters including the venture capital arms of Coinbase and Circle.

According to The Defiant, the corporate payment platform PrimeRevenue announced the tokenization of corporate payment promissory notes on the Solana network, allowing corporate payment promissory notes to be represented and circulated on-chain in token form.The platform reported an annual payment transaction volume exceeding $300 billion. PrimeRevenue stated that expanding access for eligible on-chain investors remains a goal for the future.

The U.S. SEC filings show that SpaceX has signed a binding primary financing lease commitment with Apollo Global Management.According to the agreement, Apollo will purchase GPU clusters and related equipment and lease them to SpaceX, with the total principal payments under the related lease arrangements expected to reach $40 billion.

Bitcoin News posted on the X platform that Lightning Labs has opened Wavelength to all users. The AI agent can autonomously send and receive payments on the Bitcoin mainnet via the Lightning Network and L402 without requiring manual approval for each transaction.The AI agent can use its payment API to call fees, purchase data, and trade with other agents, with single transaction fees as low as less than 1 cent; developers can integrate payment functionality into their applications without running a Lightning Network node, managing channels, or raising liquidity. This self-hosted toolkit supports independent on-chain exits, with an initial limit of 300,000 satoshis per wallet, and the Lightning Network payments incur a service fee of 0.25%. Wavelength is currently still in the Alpha stage and plans to support stablecoins.

According to Cointelegraph, Piero Cipollone, a member of the Executive Board of the European Central Bank, stated that the digital euro is expected to help the European Union establish a self-controlled payment infrastructure and reduce reliance on non-European third-party payment service providers. Europe has already recognized the risks of excessive dependence on external forces in critical areas such as energy and defense, and the same applies to the payment sector. However, payment sovereignty does not mean excluding third parties, but rather allowing Europe to have autonomous choices in key services.The European Central Bank plans to launch a digital euro pilot next year and will test it using real transactions. It is currently collaborating with 36 market operators to prepare, while also inviting e-commerce and mobile commerce operators to participate.

Pump.fun announced that its application now supports the purchase of Monad tokens. Users can complete transactions directly using their USDC balance without the need for manual cross-chain operations or switching wallets.