Cryptocurrency firm Gemini is reportedly considering an initial public offering (IPO) as soon as this year. The company is in talks with potential advisers, but no final decision has been made on an IPO, Bloomberg reported Thursday (Feb. 6), citing unnamed sources. Gemini did not...
Galoy has debuted a tool to meet what it calls “soaring” demand for bitcoin-backed loans. The company, maker of digital-asset-centric banking software, announced Thursday (Feb. 6) the launch of Lana, a lending platform designed to increase access to digital asset-backed lending. “Built for flexibility and speed to market,...
Cryptocurrency and stablecoin infrastructure platform Zero Hash is integrating Ripple’s RLUSD stablecoin. The integration lets Zero Hash customers access RLUSD on the XRP Ledger and Ethereum networks, according to a Wednesday (Feb. 5) press release. “The addition of RLUSD to our ecosystem demonstrates Zero Hash’s...
The Securities and Exchange Commission (SEC) is changing its tune on crypto, and the industry is thrilled. On Tuesday (Feb. 4), the SEC’s Crypto Task Force went live, ushering in a new era for the Web3 space. Putting an exclamation point on the change of heart, last...
A Republican senator is backing legislation to create a framework for stablecoins. The bill floated by Tennessee’s Bill Hagerty is designed to create a predictable regulatory environment for stablecoins, a form of cryptocurrency pegged to the stable assets such as the U.S. dollar, Bloomberg News...
Coinbase is reportedly lobbying American regulators to make bank-cryptocurrency partnerships more feasible. The country’s largest crypto exchange called on banking regulators to clarify or amend their rules to allow banks to offer crypto custody and trading execution services, Bloomberg reported Tuesday (Feb. 4). A letter...
The $TRUMP meme coin reportedly generated between $86 million and $100 million in trading fees by Thursday (Jan. 30). At the same time, the overall value of the crypto coin launched by President Donald Trump slumped by two-thirds after reaching a peak of $14.5 billion...
Coinbase says it is now the largest registered digital assets company in the U.K. That milestone, announced by the cryptocurrency exchange Monday (Feb. 3), follows Coinbase’s receipt of virtual asset service provider (VASP) registration from the U.K.’s Financial Conduct Authority (FCA). This will allow Coinbase to offer both...
Everyone seems to have their own digital asset these days — from Elon Musk’s favorite meme token, Dogecoin, to the newly “minted” Trump Coin. If there’s an inside joke or an influencer obsession in play, odds are someone’s slapping a blockchain on it en route...
