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Author: jobsactlawyers

Comptroller of the Currency Discusses Stablecoins

April 15, 2022

The Comptroller of the Currency spoke about stablecoins and the role that pegged cryptocurrencies will play in the banking sector moving forward. Acting Comptroller Hsu …

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Lightning Labs Introducing Stablecoins to Bitcoin’s Blockchain

April 15, 2022

Lightning Labs announced a new protocol project called “Taro” to enable interoperability with Lightning Network, stablecoins and other crypto tokens. According to Elizabeth Stark, CEO …

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Ava Labs Announces $350 Million Funding at $5.2 Billion Valuation

April 15, 2022

Ava Labs, a cryptocurrency startup and creator of Avalanche blockchain, is raising $350 million at a $5.25 billion valuation. Avalanche was created by Cornell University …

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USDC Company Announces $400 Million Funding

April 15, 2022

Circle announced a “$400M funding round with investments from BlackRock, Inc., Fidelity Management and Research, Marshall Wace LLP and Fin Capita” expected to close in …

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Bitcoin is Legal Tender in Special Economic Zone of Honduras

April 15, 2022

Prospera, a special economic zone on the island of Roatan, made bitcoin and cryptocurrency legal tender. Honduras’ new rule will permit residents and foreign businesses …

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