While Gensler deepens confusion on The Hill, the EU passes the first comprehensive crypto law spanning all member states.
LendIt Fintech announced a one-day educational workshop that will transform crypto-curious into crypto-capable, set to run before LendIt USA.
'Launching the Nexo Card in Europe with Mastercard and DiPocket as our go-to-market partners is a big milestone.'
Fueling a renewed bull run, Ukraine used crypto to raise funds, while Russians bought crypto to evade their currency's collapse.
Last year was the year of CeFi collapses. While detrimental, investigations are shedding a light on CeFi's (not DeFi's) lack of transparency.
The Walmart Litecoin fake post brought the coin price from $175 up to $231.
Someone, or a group of people, likely made a lot of money on a pump and dump. According to Coinmarketcap, the coin's trading volume tripled from $2.4 billion to $6.3 billion in the hour after the article went live.
Cognito CEO Alain Meier said the soaring demand for such checks results from more people moving more aspects of their financial lives online.
In this analysis, we explore an overarching framework for the M&A activity in the fintech, big tech, and crypto ecosystems. We discuss acquihiring, horizontal and vertical consolidation, as well as the differences between growth and value oriented acquisition rationales. The core insight, however, is about the arbitrage between the fintech and financial services capital markets, as evidenced by the recent transactions for Starling and Figure.
Ram Ahluwalia believes there are plenty of layers to peel off the FTX onion, but the reasons for some recent actions may be straightforward.
This week, we look at:
The Bitcoin money supply being worth as much as the M1 of several countries
The Visa/Plaid deal DOJ anti-trust filing and the PayPal integration of Bitcoin
Understanding Central Bank Digital Currencies in the context of card networks, payment processors, and digital economies
Chinese CBDC and how it could relate to stopping the $34B Ant Financial IPO
How a CBDC ecosystem is like an operating system, rather than a payment rail