Tether-backed Twenty One, Strike merger plan scrapped: Bloomberg
Strike will remain a standalone company after the proposed three-way merger was scrapped, while Twenty One Capital and Elektron continue discussions, Bloomberg reported. A proposed...
Tag : Bloomberg
US Bitcoin reserve hits snag as federal agencies debate for control: Bloomberg
The Trump administration’s push to establish a US Strategic Bitcoin Reserve has reportedly hit a roadblock, as the Commerce and Treasury departments are at odds...
Former Tether CIO seeks to sell stake in stablecoin issuer, Bloomberg reports
Former Tether chief investment officer Richard Heathcote is seeking to sell part of his 1.26% stake in the stablecoin issuer, according to a Bloomberg report...
SEC Delays Tokenized Stocks Innovation Exemption Amid Concerns: Bloomberg
In brief The SEC postponed its anticipated exemption for tokenized assets following concerns about third-party issuers, per Bloomberg. SEC staff has been discussing the proposed...
Kraken Parent Acquires Asian Stablecoin Firm Reap for $600 Million: Bloomberg
In brief Kraken parent Payward Inc. agreed to pay $600 million for Reap Technologies, a Hong Kong-based stablecoin payments provider. The deal combines cash and...