The government announced its 2022 tax reform plan on Thursday, which included further postponing plans to tax crypto earnings that were already delayed by a year.
Digital tokens such as tether and Circle’s USDC that are vital to functional crypto markets would have to meet stringent new requirements in legislation that’s close to the finish line.
X1, the challenger credit card for digital natives founded by former Twitter executives, is set to open to the public after securing $25 million in Series B funding.
Nearly half a trillion dollars has been wiped off the valuation of fintech firms so far this year when their current value is compared to their peak valuation, according to CB Insights.