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Block Inc. has announced the launch of a phased rollout of stablecoin functionality to Cash App's user base of nearly 60 million customers. The financial services company, led by CEO Jack Dorsey, is beginning the gradual introduction of dollar-pegged digital currency features across its popular payment platform, marking
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SoFi Technologies has launched a bank-issued stablecoin for its 15 million users as part of an expanded cryptocurrency offering. The digital finance company announced the rollout of its USD-pegged stablecoin, making it one of the first major consumer banks to issue its own digital currency directly to retail customers. The
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Canada's CIRO approved Robinhood's acquisition of WonderFi, clearing the final regulatory hurdle ahead of an expected June 1 close.
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Ian De Bode, president of Ondo Finance, will assume the role of CEO, the company said in a statement on Monday.
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Binance CEO Richard Teng denied a new WSJ report alleging $850 million in Iran-linked transactions flowed through the exchange to the IRGC.
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ICE and OKX plan to launch oil-linked perpetual futures based on Brent and WTI benchmarks, bringing crypto derivatives further into traditional energy markets under licensing restrictions.
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Kraken’s parent company, Payward, received preliminary approval from Dubai's VARA, paving the way for UAE dirham funding, margin and OTC trading and institutional access via Kraken Prime.
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Blockchain.com has filed confidential paperwork with the U.S. Securities and Exchange Commission for an initial public offering, according to regulatory documents. The cryptocurrency wallet and exchange platform submitted the confidential registration statement under the JOBS Act, which allows companies to begin the IPO process privately before making details
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Binance has launched perpetual futures contracts for SpaceX ahead of the aerospace company's anticipated initial public offering, with betting markets suggesting a potential $2 trillion valuation. The world's largest cryptocurrency exchange announced the new pre-IPO perpetual contracts on Tuesday, allowing traders to speculate on SpaceX'
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Variational is positioning itself as a retail-friendly brokerage via its in-development Omni app, which will offer "zero-fee" trading.
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MoneyGram will help validate remittance transactions on the Layer 1 blockchain and integrate stablecoin settlement for its global flows.
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The lawsuit alleges that the Bitcoin-centric financial services firm took advantage of insider information to escape major losses.