Crypto market gets major win as Congress passes stablecoin bill
Congress delivered a watershed victory for the crypto industry on Thursday, passing the first federal legislation to regulate stablecoins and ...
Tag: Bloomberg
PNC considers charging fintechs for access to customer data
PNC Financial Services Group Inc. is considering charging financial-technology companies for access to valuable customer data, following the lead of ...
Senate confirms Jonathan Gould as Comptroller of the Currency
The US Senate confirmed Jonathan Gould to lead the Office of the Comptroller of the Currency, adding him to the ...
Revolut in talks to raise new funds at $65B valuation
Revolut Ltd. is in discussions to raise a combination of primary and secondary funding at a blended $65 billion valuation as ...
The man tasked with ending Citigroup’s fat-finger blunders
Just before Citigroup Inc.’s tech chief faced his first global town hall meeting, he got some pointed advice from his ...
Visa, Mastercard race to tame a $253 billion crypto threat
A turf war is breaking out in the vast world of digital payments — and the incumbents are suddenly on ...
Klarna founder’s VC firm pledges €300 million investment in AI
Swedish impact investor Norrsken VC has pledged to invest €300 million ($348 million) in artificial intelligence startups that aim to ...
Fiserv to offer own stablecoin, partners with PayPal and Circle
Fiserv Inc. is launching its own stablecoin and joining with both traditional and crypto payments firms PayPal Holdings Inc. and ...
Amazon and Walmart weigh issuing own stablecoins, WSJ says
Amazon Inc. and Walmart Inc. are among large multinational companies which have recently discussed issuing their own stablecoins in the ...
Payment company Stripe to acquire crypto wallet provider privy
Stripe Inc. agreed to acquire crypto wallet provider Privy, building on the payment company’s recent acquisition of stablecoin infrastructure firm ...
