[Update 13:30 UTC, Sept. 8: Adds the $400 million purchase price and stock payment terms disclosed in Circle’s SEC filing.] Circle has agreed to acquire Singapore-based cross-border payments platform Tazapay in a $400 million all-stock […]
Senate Republicans on Sunday released revised text of the CLARITY Act aimed at swaying Democrats ahead of a procedural vote on Tuesday, featuring major changes to rules relating to government officials’ involvement with digital assets. […]
Key Takeaways Nu launched U.S. operations via Lead Bank, offering high-yield accounts and fee-free transfers to Latam.Nu introduced Nu Global with USDC/EURC stablecoins, enabling digital nomads to earn yield worldwide.The global expansion positions Nu to […]
[Update, 06:00 UTC, Sept. 10: Expands Echo Base CEO Roshan Dharia’s commentary.] BitMart appointed Alvarez & Marsal as its financial adviser on Wednesday, its self-imposed Sept. 9 deadline for an update, but did not publish […]
A revised version of the CLARITY Act would direct United States regulators to determine whether people or groups controlling “non-decentralized finance trading protocols” must comply with securities, commodities and anti-money laundering (AML) requirements. The revised […]
Key Takeaways Binance is using a 1 billion-share estimate to work out the AI company Anthropic’s implied valuation. At press time, ANTHROPIC stands over $2 trillion.Anthropic warned back in May that unauthorized SPV stock transfers […]
The UK’s Financial Conduct Authority (FCA) reportedly has reached out to prediction market companies as part of discussions over whether the regulator would loosen a ban for retail investors, in place since 2019. According to […]
Key Takeaways Capital B bought 376 BTC for $29.4M, lifting its bitcoin treasury to 3,521 BTC.Adam Back and TOBAM-backed funding show firms still using equity markets to expand bitcoin treasuries.Investors will watch whether bitcoin gains […]
Polish lawmakers have again failed to secure the three-fifths majority needed to overturn President Karol Nawrocki’s veto of legislation aimed at strengthening oversight of the country’s crypto market. The Sejm, Poland’s lower house of parliament, […]
Key Takeaways Bottomline connects Chainlink technology to a network serving 600-plus banks.Chainlink targets friction in a Bottomline ecosystem processing $16 trillion yearly.Chainlink and Bottomline face a key test as tokenization heads toward $16 trillion by […]
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