Ryan Weeks

PayU, the payments business of the investment group Prosus, has formed a partnership with Celo, the decentralized payments protocol.

DriveWealth is set to raise up to $400 million in a Series D round led by SoftBank and Insight Partners.

Veteran staff at Revolut are being given the chance to sell a portion of their shares in the company as part of the British neobank’s $800 million Series E round.

London-based neobank Monese is exploring offering new crypto products through its banking app, according to people familiar with the matter.

Circle, the crypto firm that operates leading stablecoin USD Coin (USDC), has agreed to go public through a merger with a SPAC.

Coincover, a Cardiff-based startup providing insurance protection to crypto investors, has secured $9.2 million in Series A funding.

N26, the Berlin-based neobank valued at $3.5 billion, is planning to launch crypto trading tools as part of a new marketplace initiative.

Europe’s largest crypto asset manager CoinShares is set to acquire the exchange-traded fund (ETF) business of Elwood Technologies – which is owned by hedge fund heavyweight Alan Howard – for $17 million.

A group of crypto lobby groups has called for “well-balanced” approaches to regulating decentralized finance (DeFi).

Bank of England chief economist Andrew Haldane discussed the consequences of Central Bank Digital Currencies (CBDCs) in a recent speech.