Adam Forsyth

Stablecoin payments firm TransFi raises over $19M to expand services

Stablecoin payments infrastructure firm TransFi has raised $19.2 million to expand its operations. Summary TransFi raised $19.2 million in a Series A round led by Turing Financial Group to expand its stablecoin-based cross-border payments infrastructure. The company plans to deploy the funds across emerging markets while strengthening regulatory licensing and scaling enterprise merchant adoption. According…

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Major Governance Platform Tally Announces Shutdown Amid Regulatory Shifts

Tally announced its shutdown amid the shifting regulatory climate regarding cryptocurrencies in the US. The regulatory climate in the US is shifting, and although many consider it for the better, the changes are already taking effect. Tally, a governance tooling platform that’s used by more than 500 decentralized autonomous organizations (DAOs), including Uniswap, Ethereum…

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SEC and CFTC say most crypto assets are not securities in new joint interpretation

The US Securities and Exchange Commission and the Commodity Futures Trading Commission have issued a joint interpretation outlining how crypto assets are treated under federal securities laws. Most notably, the statement emphasised that most crypto assets are not themselves securities. Summary SEC and CFTC issue joint interpretation stating most crypto assets are not securities and…

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