Key Takeaways: Apple, X, Airbnb, and other major tech firms are in early talks with crypto companies to integrate stablecoin payments. Payment processors like Stripe and Worldpay have been approached to support back-end stablecoin transactions. Industry sources say firms are weighing compliance risks across stablecoin issuers like Tether and USDC. Executives see stablecoins as reshaping…
VanEck, 21Shares, and Canary Capital requested on June 5 that the US Securities and Exchange Commission (SEC) reinstate the queue-based review system that awards exchange-traded product approvals in the order issuers filed. In a joint letter to Chair Paul Atkins, the firms said concurrent approvals strip early filers of the advantage that traditionally offsets higher…
Tensions between groups involved in Donald Trump’s expanding crypto ventures have intensified following the recent announcement of a TRUMP Wallet. World Liberty Financial (WLF) has reportedly sent a cease and desist letter to Fight Fight Fight, the company behind the TRUMP meme coin and its partner Magic Eden. Trump Wallet Dispute Escalates According to a…
Crypto exchange Gemini is planning to go public, the company revealed in a June 6 press release. Gemini Files to Go Public According to the new press release, the New York-based crypto company has confidentially submitted a draft registration statement on Form S-1 with the United States Securities and Exchange Commission (SEC). JUST IN: Crypto…
From New York to Paris, the hottest fashion accessory to hit the market is currently an “elvish creature” with large eyes and a rather mischievous look. Known as a “Labubu,” the toy sold by Chinese company Pop Mart can be seen dangling from impossibly expensive Hermès and Miu Miu purses. Labubus are not just toys;…
Gemini confidentially filed a draft registration statement with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO) of Class A common stock, according to a June 6 statement. The exchange controlled by Cameron and Tyler Winklevoss stated that the share count and price range will be determined once regulators complete their…
Gemini Space Station Inc., the crypto exchange and custody platform founded by Cameron and Tyler Winklevoss, has taken a significant step toward becoming a publicly traded company. The firm announced Friday that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC), signaling its intent to…
Polymarket, the decentralized prediction platform known for its election forecasting accuracy, has been named the official prediction market partner of X, the social media company owned by Elon Musk. The partnership, announced on June 6, signals a growing role for markets in shaping public understanding of news, politics, and real-world outcomes. Polymarket celebrated the partnership…
It was a week of fortunes made, and fortunes lost, at CoinDesk.On the one hand, we had Circle, long a leading crypto company, hurtling to IPO and making bank. Its shares were priced at $110 at press time (up from $31 Wednesday), leading many to expect a summer and fall of crypto-themed IPOs. On the…
Uber is taking a serious look at stablecoins as it explores ways to streamline international transactions and reduce cross-border payment costs. Speaking at the Bloomberg Tech Summit in San Francisco on June 5, CEO Dara Khosrowshahi said the company is currently in the “study phase” of evaluating stablecoins as a potential payment method, calling the…