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B2B buy now pay later player Mondu raises $43 million

B2B buy now pay later player Mondu raises $43 million

Berlin-based startup Mondu has today announced the closing of a $43 million Series A round led by PayPal co-founder Peter Thiel’s Valar Ventures. 

The post B2B buy now pay later player Mondu raises $43 million appeared first on The Block.

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Fintech infrastructure for web3 startup Merge raises $9.5 million

The UK startup has raised a $9.5 million round led by Octopus Ventures, with participation from Hashed, Coinbase Ventures and Ethereal Ventures. 

The post Fintech infrastructure for web3 startup Merge raises $9.5 million appeared first on The Block.

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Anthony Scaramucci says institutions “ready to pounce” on spot bitcoin ETF

In this episode of The Scoop, Anthony Scaramucci discusses his firm SkyBridge Capital’s crypto strategy, and explains why upcoming regulatory clarity could signify a “floodgate opening” for bitcoin.

The post Anthony Scaramucci says institutions “ready to pounce” on spot bitcoin ETF appeared first on The Block.

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Stepn to block mainland China users in compliance with regulators, SCMP says

The company will begin “checking and clearing out” mainland China users and stop providing them GPS and IP geolocation services on July 15.

The post Stepn to block mainland China users in compliance with regulators, SCMP says appeared first on The Block.

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India’s central bank plans ‘graded approach’ to digital currency, News 18 says

Indian Finance Minister Nirmala Sitharaman announced in her budget speech earlier this year that the RBI planned to issue a digital rupee.

The post India’s central bank plans ‘graded approach’ to digital currency, News 18 says appeared first on The Block.

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Intuit chief says cryptocurrency traders had difficult tax season: Bloomberg

Goodarzi said the company will work to educate its customers about the tax implications of investing.

The post Intuit chief says cryptocurrency traders had difficult tax season: Bloomberg appeared first on The Block.

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Binance Italy wins approval to operate as crypto service provider

Earlier this month, French financial regulators granted Binance a digital asset service provider license.

The post Binance Italy wins approval to operate as crypto service provider appeared first on The Block.

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Bankman-Fried says FTX prepared to spend billions on acquisitions: Bloomberg

Recent fundraising may be used for the investments aimed at expanding its range of services to its customers.

The post Bankman-Fried says FTX prepared to spend billions on acquisitions: Bloomberg appeared first on The Block.

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Terra gets second life as new blockchain goes live with LUNA 2.0 airdrop

70% of the new tokens have been earmarked for an airdrop to Terra asset holders on the Classic chain.

The post Terra gets second life as new blockchain goes live with LUNA 2.0 airdrop appeared first on The Block.

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Paraguay’s crypto industry regulation advances, despite pushback from central bank

The bill, first introduced in Paraguay’s Senate in July 2021, aims to regulate commercial activities relating to virtual assets like mining. 

The post Paraguay’s crypto industry regulation advances, despite pushback from central bank appeared first on The Block.

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