Mesh Secures $75 Million Series C, Reaches $1 Billion Valuation
Crypto payments infrastructure firm Mesh has secured $75 million in Series C funding at a $1 billion valuation, according to a company announcement distributed via PR Newswire.
Stablecoins
Coinbase Escalates Pressure as U.S. Crypto Bill Heads to Senate Markup
Coinbase has escalated its lobbying as a U.S. crypto market-structure bill moves toward a Senate markup, warning that it could withdraw support depending on changes to the draft, according to Bloomberg.
Trump-Backed Crypto Venture Seeks U.S. Bank Charter
A crypto venture backed by members of former U.S. President Donald Trump’s family has applied for a U.S. national trust bank charter, seeking to operate under federal banking oversight, according to Reuters.
Barclays Invests in Stablecoin Settlement Firm Ubyx
Barclays has taken an equity stake in Ubyx, a U.S.-based stablecoin settlement startup, according to Reuters. The investment underscores growing interest among major banks in digital payments infrastructure linked to stablecoins.
Stablecoin Reserve Disclosure Remains Central to U.S. Treasury Oversight Agenda
U.S. Treasury continues to emphasize reserve transparency as a core element of its oversight approach to stablecoins, as U.S. authorities advance efforts to integrate dollar-linked digital assets into existing supervisory frameworks.
EU Lawmakers Signal Post-MiCA Stablecoin Oversight Tightening Across the Bloc
European Union policymakers are sharpening their focus on how stablecoins are supervised as the bloc enters the enforcement phase of the Markets in Crypto-Assets Regulation (MiCA).
MiCA vs. FCA vs. U.S. Crypto Regulation: A Comparison of Three Regulatory Models
As crypto markets mature and institutional participation deepens, governments are moving in sharply different directions when it comes to regulation.
U.S. Treasury Signals Stablecoins as Priority Area in Financial Risk Monitoring
The U.S. Treasury Department has signaled that stablecoins will remain a priority area in its ongoing monitoring of financial risks, pointing to concerns around reserve transparency, market integrity, and the growing integration of digital assets with traditional finance.
Do Kwon Sentenced to 15 Years in Prison Over $40 Billion Terra Collapse
Do Kwon, the co-founder of Terraform Labs, has been sentenced to 15 years in prison for fraud tied to the collapse of TerraUSD and LUNA, a failure that wiped out an estimated $40 billion in investor value, according to the Associated Press.
