Dunamu and Visa Explore Stablecoin Payments and AI Commerce
Dunamu, the operator of South Korean crypto exchange Upbit, said on August 28 that it had entered a strategic partnership with Visa to explore financial and payment services built around stablecoins and artificial intelligence. The collaboration is still exploratory: the companies have not finalised a product, launch structure or timetable, according to reports on the announcement. The proposed work would bring together Dunamu’s digital-asset technology and Visa’s payments network. It places the Upbit operator alongside a card-network giant that has separately set out plans for both AI-led commerce and stablecoin settlement infrastructure. Exploratory partnership MoneyToday reported that Dunamu announced a strategic partnership with Visa to explore stablecoin- and AI-based financial and payment services. The partnership is an exploratory framework, rather than a confirmed commercial rollout, giving the companies a basis to assess potential services that combine Dunamu’s digital-asset technology with Visa’s global payments network in major markets. No specific product has been publicly identified, and no service launch date has been set. Payments, remittances and settlement The potential scope includes stablecoin-linked payments, global remittances, settlement services and related customer experiences. News1 Korea reported that the companies will examine those areas while combining Dunamu’s digital-asset technology with Visa’s global payments network. Payments, remittances and settlement refer to distinct stages of moving value. A customer-facing payment service concerns the purchase itself; remittances concern transfers across borders; and settlement concerns how obligations between participants are completed. The partners have indicated interest across all three, but have not disclosed how they would be configured in a potential service. The reference to related user experiences also leaves room for work beyond back-end settlement. However, neither company has announced supported markets, participating merchants, customer eligibility or the particular stablecoin rails that might be used. Those details will determine the practical form of any eventual offering. Dunamu CEO Oh Kyung-seok and Visa Global President Oliver Jenkyn after presenting the strategic partnership roadmap in San Francisco. — Source: News1 Korea / Dunamu OUSD remains under consideration One named option is Open Standard’s dollar stablecoin, OUSD. Dunamu and Visa are considering business models that could use OUSD alongside broader stablecoin options, The Block reported. OUSD’s inclusion does not represent a selection decision: the companies have not finalised a specific asset, product structure or launch date. It remains one possible component of a wider stablecoin evaluation, not the confirmed basis of a service. That open approach is consistent with the breadth of the proposed partnership. Different payment and settlement applications could require different operational choices, and the public announcement does not specify whether the parties will ultimately pursue one stablecoin, several options or no particular model. Agentic commerce connection Agentic commerce is part of the partnership: AI systems would search for products or services and complete purchases and payments on a user’s behalf. Visa said in June that its Intelligent Commerce platform is designed to let AI agents securely discover, initiate and complete transactions. Its 2026 roadmap includes stablecoin settlement infrastructure. Read together, those stated initiatives place Dunamu’s exploration alongside two parts of Visa’s strategy: AI-agent payment capabilities and stablecoin settlement. For Dunamu, the collaboration brings its digital-asset infrastructure into that wider payment-network discussion. But the announcement has not settled the practical design. The asset, product structure and launch model remain unresolved, so no specific consumer checkout product, settlement service or other outcome has been finalized. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
HMRC: 17,600 UK Taxpayers Declare £1.38B in Crypto Gains
HMRC's first official statistics on taxable cryptoasset gains show that 17,600 individuals made Capital Gains Tax-liable cryptoasset disposals in the 2024 to 2025 tax year, reporting £1.38 billion in taxable gains. The inaugural dataset, published on 27 August 2026, also shows that 240 people reporting more than £1 million in gains accounted for £717 million of that total. The figures provide an official view of the cryptoasset gains reported through the tax system for the first time. A server-generated data table follows this introduction. Data Snapshot MetricCurrentPreviousChangePeriodAs ofSourceIndividuals making Capital Gains Tax-liable disposals of cryptoassets17,600 individuals——2024 to 2025 tax year27 August 2026HM Revenue & CustomsTotal taxable capital gains from cryptoassets£1.38 billion——2024 to 2025 tax year27 August 2026HM Revenue & CustomsTotal cryptoasset disposal proceeds£13.8 billion——2024 to 2025 tax year27 August 2026HM Revenue & CustomsPeople reporting more than £1 million in cryptoasset capital gains240 people——2024 to 2025 tax year27 August 2026HM Revenue & CustomsCryptoasset gains reported by people with more than £1 million in gains£717 million——2024 to 2025 tax year27 August 2026HM Revenue & CustomsIndividuals reporting cryptoasset gains by sexaround 87% male; around 13% female——2024 to 2025 tax year27 August 2026HM Revenue & Customs £13.8 billion of cryptoasset disposals produced £1.38 billion in taxable gains HMRC’s 2024 to 2025 figures show £13.8 billion in disposal proceeds and £1.38 billion in taxable capital gains from cryptoasset disposals liable to Capital Gains Tax. The amounts measure different things: proceeds are the value reported from disposals, whereas taxable gains are the capital-gains total. The figures cover only individuals making disposals liable to Capital Gains Tax—not all cryptoasset holders or transactions—and HMRC said they are rounded and may not sum. HMRC graphic accompanying its first official statistics on taxable cryptoasset gains. — Source: 240 taxpayers reported £717 million in gains above £1 million The highest-gain cohort was relatively small. HMRC recorded 240 people with more than £1 million in cryptoasset capital gains, and that group reported £717 million in gains in 2024 to 2025. The department also reported a marked sex split among individuals declaring cryptoasset gains: around 87% were male and around 13% were female. HMRC said those figures are rounded. Dedicated Self Assessment reporting precedes 2027 provider data The statistics followed the introduction of a dedicated cryptoasset capital-gains section in the Self Assessment return, according to HMRC’s Capital Gains Tax statistics. HMRC estimated an additional £168 million of Capital Gains Tax from its cryptoasset compliance and education activity in 2024 to 2025. The estimate concerns the yield attributed by HMRC to those activities, rather than the £1.38 billion of taxable cryptoasset gains reported by taxpayers. The new section created a specific reporting channel for cryptoasset gains within Self Assessment. Under the Cryptoasset Reporting Framework, cryptoasset service providers will report customer information to tax authorities, with HMRC due to receive the data from 2027. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Charles Schwab Adds Solana, Avalanche and Chainlink to Crypto Trading
Charles Schwab said on Aug. 27 that it plans to add Solana, Avalanche and Chainlink to Schwab Crypto accounts in the coming months, expanding the broker’s direct cryptocurrency-trading line-up beyond Bitcoin and Ethereum. Clients will eventually be able to trade the tokens known as SOL, AVAX and LINK through the same crypto account offering, although Schwab did not give a specific launch date. SOL, AVAX and LINK are slated for Schwab Crypto Charles Schwab announced plans to add Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) to Schwab Crypto accounts in the coming months, describing the move as an expansion of the digital assets available through the service. The additions are planned and are not currently live. Schwab’s release did not provide a more precise timetable. The expansion moves Schwab Crypto beyond Bitcoin and Ethereum Bitcoin and Ethereum access began rolling out to Schwab Crypto clients in May 2026. The next planned additions are Solana (SOL), Avalanche (AVAX) and Chainlink (LINK), Charles Schwab announced, extending the service beyond its initial two cryptocurrencies. The company said the three assets reflect its effort to expand the digital-asset offering with established cryptocurrencies aligned with client demand. Schwab Crypto’s trading charge remains 75 basis points Schwab Crypto charges 75 basis points on the dollar value of each trade, according to The Block’s report on the announcement. The stated charge applies to each transaction’s dollar value, providing the relevant cost detail as Schwab prepares to broaden the range of tokens available through the service. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.