“Bank transfers represent a crucial on-ramp to add money to their account on our platform,” said Harries. “We are an FCA-registered crypto asset business, but are subject to the same blanket restrictions as the wider crypto asset sector.” Lloyds Banking Group, which includes Halifax and… Read More
“Tether is aware of the allegations reported in The Wall Street Journal that form the basis of Senator Blumenthal’s letter,” the company said in a statement. “External counsel previously conducted an in-depth internal investigation into the matter, which found no evidence of wrongdoing.” CoinDesk had… Read More
Muttoni did not disclose how much of Story’s original $140 million in funding remains, but said its existing investors, including a16z crypto, are still involved. Now, Muttoni is positioning the new focus as a continuation of the first rebrand rather than another change in direction.… Read More
Mastercard (MA) introduced Thursday its Global Money Platform with BVNK, the stablecoin infrastructure firm it acquired in August. The service combines traditional currency accounts, stablecoin balances, conversions, card spending and bank payouts through one connection. Banks and fintechs can use the platform to offer accounts… Read More
Claude goes digging Until Claude entered the picture. This month, an Anthropic employee asked an internal research model to investigate, without sharing the old theory that the seeds came from a forgotten phrase. It took the model less than half an hour to trace five… Read More
The Digital Asset Market Clarity Act was always doomed to fail. The bill faced an uphill battle from launch; numerous political, policy and social factors would have needed to fall into place for it to succeed. In the end, a variety of issues combined to… Read More
