Digital payments processor Stripe Inc is close to raising $4 billion in fresh capital at a valuation of about $55 billion, people familiar with the matter said.
#bepace#payments#stripe
Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union's pending banking law if Europe wants to avoid missing a globally-agreed deadline, the bloc's executive has said.#eu#cryptoassets#cryptoregulations#bepace
Crypto trade association Chamber of Digital Commerce is urging a federal court to dismiss a case brought by the SEC against ex-Coinbase employees accused of insider trading, arguing that the case unfairly labeled several crypto assets as securities. #bepace#crypto#cryptoassets
Institutional Crypto Firms Accumulating Large Amounts of Ethereum-Based Decentralized Exchange Token. Two crypto firms are scooping up large amounts of one fast-rising decentralized exchange (DEX) token, according to on-chain data from the Arbitrum blockchain. #bepace#crypto
Sony Network Communications, a business division of The Sony Group, has teamed up with multi-chain smart contract network Astar Network to launch a Web3 incubation program for projects that focus on the utility of non-fungible tokens NFT and DAO.
#bepace#web3community#Sony
Japan will start a pilot program in April to test the use of a digital yen, its central bank said on Friday, joining a growing number of countries seeking to catch up to front-runner China in launching a central bank digital currency (CBDC). #bepace#cbde#japan#cryptocurrencies
A rally in Bitcoin took the token above $25,000 for the first time since August amid broad gains in crypto markets as investors shook off concerns about a US regulatory clampdown.
#bepace#bitcoin#cryptocurrencies#crypto#btc
Chinese social media company TikTok is likely to be subject to stricter EU online content rules because its number of active users exceed a threshold set out under the Digital Services Act (DSA), a senior executive at the company said on Wednesday. #bepace#tiktok#socialmedia
Cryptocurrency exchange Binance has introduced a tool to help users calculate the tax obligations on their crypto transactions as governments increasingly look to ensure they don't miss out on revenue from the industry. #bepace#cryptocurrencies#cryptotrading#cryptoinvesting
Thanks to a cooperation between Poundtoken and BitcoinPoint, the first 100% backed GBP stablecoin in the nation, denoted by the symbol $GBPT, will be available to retail customers via a network of 18,000 ATMs spread out throughout the United Kingdom. #stablecoins#bepace#crypto
Britain's finance ministry laid out its first set of rules to regulate crypto assets, saying ongoing turbulence in the sector and the collapse of exchange FTX highlighted risks that need addressing.
#bepace#uk#london#cryptoregulations#cryptoassets#cryptocurrencies
Total assets under management (AUM) for digital asset investment products surged a whopping 36.8% to $19.7 billion in January, its highest level since May 2022, CryptoCompare said in latest monthly Digital Asset Management review report.
#bepace#cryptoassets#cryptocurrencies
Twitter Inc is working to introduce payments on the social media platform and has begun applying for regulatory licenses, the Financial Times reported on Monday, citing people familiar with the matter.
#twitter#bepace#elonmusk#cryptopayments#crypto