Stack BTC plans £12 million acquisition of Direct Bullion; OSL Group expands fiat payment channels

Bitcoin treasury company Stack BTC has signed a non-binding agreement to acquire British precious metals dealer Direct Bullion for up to £12 million, with plans to use the business's cash flow to purchase Bitcoin. Meanwhile, OSL Group (00863.HK) has deepened its partnership with Banking Circle to add payment and clearing channels for five major fiat currencies: AUD, GBP, HKD, SGD, and USD.