Polygon Buys Coinme, Sequence in $250M Payments Push
Polygon Labs agreed to acquire Coinme and Sequence in deals valued above $250 million, strengthening its regulated stablecoin payments infrastructure.
Polygon Labs agreed to acquire Coinme and Sequence in deals valued above $250 million, strengthening its regulated stablecoin payments infrastructure.
The US Senate Agriculture Committee delayed markup of a major crypto market structure bill, citing the need for additional bipartisan support.
The US commodities regulator is forming a new advisory body to guide oversight of crypto, artificial intelligence, and emerging market infrastructure, signaling a more industry-inclusive regulatory approach.
Crypto custody firm BitGo has launched its US initial public offering, seeking to raise up to $201 million at a valuation approaching $2 billion as institutional demand for regulated digital asset infrastructure grows.
X plans to roll out Smart Cashtags linking tickers to specific crypto assets and contracts, aiming to reduce confusion and spam as regulators scrutinize the platform’s algorithms.
Crypto investment products experienced $454 million in outflows last week, driven largely by Bitcoin and U.S. funds amid fading expectations for a Federal Reserve rate cut.
Dubai’s DFSA has banned privacy tokens and redefined stablecoin rules, shifting crypto asset approval responsibility to licensed firms within the DIFC.
The SEC has postponed rulings on two crypto ETFs while opening a public comment period for options tied to a Grayscale multi-asset crypto fund.
India’s financial intelligence agency has introduced stricter identity and transaction verification requirements for cryptocurrency exchanges to curb money laundering and terrorism financing.
South Korea’s Financial Services Commission plans to permit listed companies and professional investors to allocate up to 5% of equity to top cryptocurrencies, ending a nine-year prohibition.
Andreessen Horowitz has raised $15 billion to invest in crypto, blockchain, and AI startups, aiming to strengthen US leadership in technology and finance.
Stablecoin payments firm Rain raised $250 million in a Series C round led by ICONIQ, pushing its valuation to nearly $2 billion as it accelerates global expansion.
Ripple has obtained FCA authorization for its UK subsidiary, allowing it to offer regulated payment and e-money services as Britain advances its digital asset framework.
Colombia’s tax authority has mandated crypto exchanges and intermediaries to submit detailed user and transaction data, tightening oversight of digital asset activity.
Bloomberg Intelligence estimates stablecoin payment flows could rise to more than $56 trillion by 2030, driven by institutional adoption and demand in inflation-prone economies.