Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Today in crypto, Samsung SDS is discussing stablecoin infrastructure and AI-based payments with Upbit operator Dunamu. Luno and Gnosis joined a widening round of crypto restructurings in July as more than a dozen companies cut  jobs and Hungary nixed mandatory third-party checks for crypto conversions.

Samsung SDS, the IT services arm of Samsung Group, is exploring stablecoin infrastructure, digital asset systems and AI-based payment models with Dunamu, the operator of Upbit, one of the biggest local cryptocurrency exchanges.

Samsung SDS said it is discussing potential cooperation with Dunamu on stablecoin infrastructure, digital asset systems and AI-based payment business models, CEO Lee Jun-hee said during the company’s second-quarter earnings call on Thursday.

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