Genius Group closed an $8 million registered direct offering to fund part of its push into regulated stablecoin and digital asset banking infrastructure. The AI education company sold 21.6 million ordinary shares, or pre-funded warrants […]
A Republican US House of Representatives member running for reelection has won his party’s primary after crypto-affiliated groups contributed more than $500,000 in supportive media buys. Representative James Baird won Tuesday’s Republican primary for Indiana […]
Key Takeaways Tillis and Alsobrooks reached a May 4 deal to ban stablecoin rewards functioning like bank interest. Circle (CRCL) stock surged nearly 20% to $119.53 as the market reacted to the bipartisan CLARITY Act […]
Key Takeaways: SBI and Visa launched credit cards that convert spending points into a user-selected cryptocurrency ( BTC, ETH, or XRP). Gold users can earn up to 10%, while standard users can receive up to […]
Speculation in financial markets has never been more intense, Warren Buffett said Saturday, speaking at Berkshire Hathaway’s annual shareholder meeting in Omaha. The billionaire singled out one-day options as pure gambling and pointed to a […]
Tokyo-based SBI Holdings has opened talks to acquire shares in cryptocurrency exchange Bitbank and make it a consolidated subsidiary, extending its push to consolidate regulated crypto trading platforms in Japan as the country moves toward […]
A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets, opposing state regulators that try to shut down platforms like Kalshi and Polymarket. The venture […]
Central Bank of Brazil Issues Ban on Crypto Utilization As Part of Regulated Cross-Border Settlement System Key Takeaways: On April 30, the Central Bank of Brazil issued Resolution 561, banning crypto in cross-border payments. Analyst […]
Crypto-native payments rails have struggled to keep up with scale. Fun is betting that it’s built the fix. The startup announced Friday that it raised $72 million in a Series A led by Multicoin Capital […]
Key Takeaways: Coinbase Asset Management launched CUSHY to expand tokenized credit access for qualified investors. Institutions can access tokenized shares and supported networks, including Ethereum. Risk controls will guide underwriting, diversification, liquidity, and credit quality […]
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