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Trump’s ‘Big, Beautiful Bill’ Could Push Millions to Crypto


If Trump’s bill is passed as it stands, it would introduce a 5% tax on remittances affecting over 40 million people. Analysts warn that this could spur the use of alternative options, such as crypto, to ensure these funds reach their destination while avoiding the proposed tax. ‘Big...

Tariff doubts push NFL, NBA to bet big on digital merch


As more and more businesses are impacted by tariff volatility, some executives, like Ridhima Kahn, vice president of business development at Dapper Labs, are viewing the assault on the cost of physical goods as another use case for digital markets powered by blockchain to shine.“I’m...

Crypto startups scaring away VCs with 80x valuations: 10T Holdings


Too many crypto startups are pricing themselves out of venture capital funding by chasing valuations far exceeding their revenues, according to Dan Tapeiro, the CEO of crypto-focused venture capital firm 10T Holdings.“For some reason, founders and CEOs think that they should be raising...

Robinhood to acquire Canada’s WonderFi for $179M in global crypto push


Brokerage fintech Robinhood is set to acquire WonderFi, a Canadian crypto firm, for approximately 250 million Canadian dollars ($179 million) in an all-cash deal to expand its global presence.The acquisition is expected to close in the second half of 2025, Robinhood said in a May 13 press...

Robinhood to acquire Canada’s WonderFi for $179M in global crypto push


Brokerage fintech Robinhood is set to acquire WonderFi, a Canadian crypto firm, for about 250 million Canadian dollars ($179 million) in an all-cash deal to expand its global presence.The acquisition is expected to close in the second half of 2025, Robinhood said in a May 13 news release.WonderFi...

Animoca eyes New York listing, cites Trump’s crypto-friendly stance


Hong Kong-based Animoca Brands is preparing for a listing in New York, citing US President Donald Trump’s relaxed regulatory stance on digital assets as a window of opportunity to enter the world’s biggest capital market.Animoca executive chair Yat Siu told the Financial Times that...

NYC Mayor doubles down on crypto push ahead of city summit


New York City Mayor Eric Adams announced partnerships between the city and financial firms as part of his crypto plans.In a May 12 press conference at Gracie Mansion, the the city’s official mayoral residence, Adams said June Ou, founder of financial services company Figure, and Richie...

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