B Editor The debit card allows users to spend crypto directly from their wallets. Non-custodial wallets allow crypto to be stored and spent without intermediaries. The card can be used at MasterCard’s global network of over 100 million merchants. According to Mercurio, MasterCard is collaborating with crypto payments provider Mercurio on a euro-denominated debit card called Spend … Read more
The biggest spending on lobbying happened in the last two years, the study said. Coinbase recorded a 3,475% increase in its spending. BlackRock is a prominent firm that has lobbied for spot bitcoin ETFs. Crypto industry lobbying spending in the US has skyrocketed since 2017, with nearly 60% of spending in the past seven years … Read more
Travala.com lists 2.2 million hotels, accepts crypto payments. More than 100 cryptocurrencies can be used. A partnership with Skyscanner is expected to increase traffic. Crypto-friendly travel platform Travala.com said it has tied up with global travel marketplace Skyscanner. Blog post. The partnership will allow Skyscanner’s 110 million monthly users, who complete 80 billion searches every … Read more
Judge Rules in Coinbase’s Favor in SEC Battle Coinbase wins motion to compel discovery. Key documents must be shared with the SEC. A federal judge has ruled in Coinbase’s favor in an ongoing legal battle with the US Securities and Exchange Commission, ordering the SEC to produce documents that strengthen Coinbase’s defenses. Coinbase argues that … Read more
Bitmex co-founder Arthur Hayes’ perspective on Bitcoin changes. He is now estimated to be worth less than $50,000. This contrasted with his view from last month. BitMEX co-founder Arthur Hayes has changed his outlook on Bitcoin and is now predicting a drop below $50,000. Hayes tweeted: “BTC is huge, I’m gunning for sub $50k this … Read more
Zurich Cantonal Bank enters crypto services. ZKB offers trading and storage of crypto. Third party banks can use ZKB’s crypto services. Zurich Cantonal Bank, Switzerland’s fourth-largest bank, is offering clients the opportunity to trade and store Bitcoin and Ethereum. The offering is seamlessly integrated into its existing channels, including ZKB eBanking and ZKB Mobile Banking, … Read more
Russia’s crypto legitimacy challenges some Western sanctions. Putin’s New Pro-Crypto Stance Expands Potential for Alternative Currencies Russia is positioning itself to overtake the US in crypto mining. Russia’s recent crypto pivot will make it harder for the West to impose sanctions and reduce the country’s dependence on the US dollar. That according to a Report … Read more
Poor jobs data is raising fears for the US economy. While the Fed is likely to cut rates by a quarter point this month, it may be too late. Bitcoin and Ethereum fell 4.2% and 5.3% respectively on Friday. Poor economic data is reviving fears about the weakness of the US economy — and markets … Read more
A version of this article appeared in our Roundup newsletter on September 6. Sign up Here. GM Liam here. Gavin Wood, co-founder of Ethereum and founder of Polkadot, has a new venture up his sleeve. In a rare interview, the Lancaster, England native explained how he tackled digital identities with a project called “Proof-of-Ink.” In … Read more
PitchBook reports that VC fundraising could peak in 2023. Tighter regulator scrutiny, scandals and financial uncertainty have deterred investors. However, PitchBook says VCs will break their funding record in 2026 for a reason. Venture capitalists are feeling better about crypto again. According to a report from PitchBook, VC funding is on course this year to … Read more
Client demand is pushing more banks toward tokenization, with some spending tens of millions of dollars to build the necessary infrastructure. Tokenization offers two advantages: speed and capital efficiency. Demand is heating up for tokenization, the process of converting traditional assets into digital tokens that can be traded on blockchains. State Street, a bank with … Read more
Trump’s World Liberty Could Raise $540 Million for Financial Insiders Code tests show plans for a token sale with a project value of $1.8 billion. It is not clear whether the token sale will attract the attention of regulators. World Liberty Financial, an upcoming DeFi app linked to members of the Trump family, could provide … Read more