The raise comes as stablecoin regulation advances globally and financial firms invest in infrastructure connecting blockchain payments with traditional banking systems.
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Trace Finance raises $32M for cross-border stablecoin settlement expansion
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Crypto
Crypto industry aghast at Illinois’ new tax on holding or transferring digital assets in state budget
The 0.2% tax on any business activity involving digital assets was added last-minute, and is unlikely to change, two people familiar with the matter said.
Crypto
OpenAI, Anthropic CEOs join G7 leaders for AI talks in France
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Business
Allowing Iran to Charge Fees in Strait of Hormuz Would Set ‘Dangerous Precedent,’ Maersk CEO Says
With the United States and Iran nearing a deal to reopen the Persian Gulf, the mega shipping firm is treading cautiously.
Finance
Rivian has bad news for hundreds of its workers
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Bybit lands on Singapore MAS Investor Alert List
Crypto exchange Bybit has been added to Singapore’s MAS Investor Alert List, which flags entities that may be mistakenly perceived as licensed or regulated.
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ASML CEO warns of possible supply constraints on Musk’s Terafab
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