Visa has launched a Stablecoins Advisory Practice through its Visa Consulting & Analytics unit, reflecting rising institutional interest in stablecoin-based payment infrastructure. The service aims to help banks, fintech firms, merchants, and enterprises assess strategy, market fit and implementation.
The move comes as the global stablecoin market exceeds $250 billion in value and emerging reports of an annualised stablecoin settlement run rate of $3.5 billion as of late November. According to the company, demand is rising among financial institutions exploring faster and lower-cost payment rails.
Visa Consulting & Analytics will offer services ranging from market education and strategy development to use case sizing and technical integration. The programme draws on Visa’s network of consultants, data scientists and product specialists to support clients navigating regulatory and operational complexity.
Several financial institutions have already participated in early engagements, citing the need for clearer frameworks as stablecoins gain traction in cross-border payments and digital finance. The advisory practice reflects broader efforts to support responsible adoption alongside emerging standards.
Visa has previously piloted stablecoin settlement using USDC and now supports more than 130 stablecoin-linked card programmes across 40 countries. The company is also testing stablecoin-based pre-funding for international payouts.
Would you like to learn more about AI, tech, and digital diplomacy? If so, ask our Diplo chatbot!
The third UK-EU Cyber Dialogue was held in Brussels on 9 and 10 December 2025, bringing together senior officials under the UK-EU Trade and Cooperation Agreement to strengthen cooperation on cybersecurity and digital resilience.
The meeting was co-chaired by Andrew Whittaker from the UK Foreign, Commonwealth and Development Office and Irfan Hemani from the Department for Science, Innovation and Technology, alongside EU representatives from the European External Action Service and the European Commission.
Officials from Europol and ENISA also participated, reinforcing operational and regulatory coordination rather than fragmented policy approaches.
Discussions covered cyber legislation, deterrence strategies, countering cybercrime, incident response and cyber capacity development, with an emphasis on maintaining strong security standards while reducing unnecessary compliance burdens on industry.
Both sides confirmed that the next UK-EU Cyber Dialogue will take place in London in 2026.
Would you like to learn more aboutAI, tech and digital diplomacy? If so, ask our Diplo chatbot!
US credit reporting company 700Credit has confirmed a data breach affecting more than 5.6 million individuals after attackers exploited a compromised third-party API used to exchange consumer data with external integration partners.
An incident that originated from a supply chain failure after one partner was breached earlier in 2025 and failed to notify 700Credit.
The attackers launched a sustained, high-volume data extraction campaign starting on October 25, 2025, which operated for more than two weeks before access was shut down.
Around 20 percent of consumer records were accessed, exposing names, home addresses, dates of birth and Social Security numbers, while internal systems, payment platforms and login credentials were not compromised.
Despite the absence of financial system access, the exposed personal data significantly increases the risk of identity theft and sophisticated phishing attacks impersonating credit reporting services.
The breach has been reported to the Federal Trade Commission and the FBI, with regulators coordinating responses through industry bodies representing affected dealerships.
Individuals impacted by the incident are currently being notified and offered two years of free credit monitoring, complimentary credit reports and access to a dedicated support line.
Authorities have urged recipients to act promptly by monitoring their credit activity and taking protective measures to minimise the risk of fraud.
Would you like to learn more aboutAI, tech and digital diplomacy? If so, ask our Diplo chatbot!
Local councillors have approved Google’s plans to build a large data centre campus at North Weald Airfield near Harlow, marking a major expansion of the company’s UK digital infrastructure.
The development is expected to create up to 780 local jobs, including approximately 200 direct roles, and contribute an estimated £79 million annually to the local economy and £319 million nationally.
The project involves demolishing existing buildings at the former RAF airfield and constructing two data centre facilities alongside offices, roads and parking.
While UK councillors largely welcomed the investment, the council acknowledged potential downsides, including a reduction in stalls at the long-running North Weald Market and pending Section 106 contributions to mitigate infrastructure impacts, such as upgrades to nearby transport links.
Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!
SoundCloud has confirmed a recent security incident that temporarily affected platform availability and involved the limited exposure of user data. The company detected unauthorised activity on an ancillary service dashboard and acted immediately to contain the situation.
Third-party cybersecurity experts were engaged to investigate and support the response. The incident resulted in two brief denial-of-service attacks, temporarily disrupting web access.
Approximately 20% of users were affected; however, no sensitive data, such as passwords or financial details, were compromised. Only email addresses and publicly visible profile information were involved.
In response, SoundCloud has strengthened its systems, enhancing monitoring, reviewing identity and access controls, and auditing related systems. Some configuration updates have led to temporary VPN connectivity issues, which the company is working to resolve.
SoundCloud emphasises that user privacy remains a top priority and encourages vigilance against phishing. The platform will continue to provide updates and take steps to minimise the risk of future incidents.
Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!
The UK government has announced plans to bring cryptoassets firmly within the regulatory perimeter, aiming to support innovation while strengthening consumer protection and attracting long-term investment into the sector.
From 2027, cryptoasset firms will be regulated by the Financial Conduct Authority under rules similar to those governing traditional financial products, such as stocks and shares. The move is intended to provide legal clarity and increase confidence among consumers and businesses.
Ministers say that proportionate regulation will support innovation, ensure competitive markets, and strengthen the UK’s position as a global hub for digital assets. Enhanced oversight will boost transparency, aid sanctions enforcement, and help detect and tackle illicit activity.
The initiative forms part of a broader strategy to shape global crypto standards, including ongoing cooperation with the United States through the Transatlantic Taskforce, as the UK seeks to secure its role in the future of digital finance.
Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!
Musicians are raising the alarm over AI-generated tracks appearing on their profiles without consent, presenting fraudulent work as their own. British folk artist Emily Portman discovered an AI-generated album, Orca, on Spotify and Apple Music, which copied her folk style and lyrics.
Fans initially congratulated her on a release she had not made since 2022.
Australian musician Paul Bender reported a similar experience, with four ‘bizarrely bad’ AI tracks appearing under his band, The Sweet Enoughs. Both artists said that weak distributor security allows scammers to easily upload content, calling it ‘the easiest scam in the world.’
A petition launched by Bender garnered tens of thousands of signatures, urging platforms to strengthen their protections.
AI-generated music has become increasingly sophisticated, making it nearly impossible for listeners to distinguish from genuine tracks. While revenues from such fraudulent streams are low individually, bots and repeated listening can significantly increase payouts.
Industry representatives note that the primary motive is to collect royalties from unsuspecting users.
Despite the threat of impersonation, Portman is continuing her creative work, emphasising human collaboration and authentic artistry. Spotify and Apple Music have pledged to collaborate with distributors to enhance the detection and prevention of AI-generated fraud.
Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!
Anatoly Aksakov, head of the State Duma Committee on the Financial Market, emphasised that all payments within Russia must be conducted in rubles, echoing the central bank’s long-standing stance against the use of cryptocurrencies in internal settlements.
At the same time, legislative proposals point to a more nuanced legal approach. A bill submitted by United Russia lawmaker Igor Antropenko seeks to recognise cryptocurrencies as marital property, classifying digital assets acquired during marriage as jointly owned in divorce proceedings.
The proposal reflects the growing adoption of cryptocurrency in Russia, where digital assets are increasingly used for investment and savings. It also aligns family law with broader regulatory shifts that permit the use of crypto in foreign trade under an experimental framework.
Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!
Canada has launched a major new quantum initiative aimed at strengthening domestic technological sovereignty and accelerating the development of industrial-scale quantum computing.
Announced in Toronto, Phase 1 of the Canadian Quantum Champions Program forms part of a wider $334.3 million investment under Budget 2025 to expand Canada’s quantum ecosystem.
The programme will provide up to $92 million in initial funding, with agreements signed with Anyon Systems, Nord Quantique, Photonic and Xanadu Quantum Technologies for up to $23 million each.
A funding that is designed to support the development of fault-tolerant quantum computers capable of solving real-world problems, while anchoring advanced research, talent, and production in Canada, rather than allowing strategic capabilities to migrate abroad.
The initiative also supports Canada’s forthcoming Defence Industrial Strategy, reflecting the growing role of quantum technologies in cryptography, materials science and threat analysis.
Technical progress will be assessed through a new Benchmarking Quantum Platform led by the National Research Council of Canada, with further programme phases to be announced as development milestones are reached.
Would you like to learn more aboutAI, tech and digital diplomacy? If so, ask our Diplo chatbot!
OpenAI overtook SpaceX as the world’s most valuable private company in October after a secondary share sale valued the AI firm at $500 billion. The deal put Sam Altman’s company about $100 billion ahead of Elon Musk’s space venture.
That lead may prove short-lived, as SpaceX is now planning its own secondary share sale that could value the company at around $800 billion. An internal letter seen by multiple outlets suggests Musk would reclaim the top spot within months.
The clash is the latest chapter in a rivalry that dates back to OpenAI’s founding in 2015, before Musk left the organisation in 2018 and later launched the startup xAI. Since then, lawsuits and public criticism have marked a sharp breakdown in relations.
Musk also confirmed on X that SpaceX is exploring a major initial public offering, while OpenAI’s recent restructuring allows it to pursue an IPO in the future. The valuation battle reflects soaring investor appetite for frontier technologies, as AI, space, robotics and defence startups attract unprecedented private funding.
Would you like to learn more about AI, tech, and digital diplomacy? If so, ask our Diplo chatbot!
