Sen. Cynthia Lummis (R-Wyo.) backed Block Inc. (NYSE:XYZ) CEO Jack Dorsey’s call for tax relief on Bitcoin (CRYPTO: BTC) transactions on Thursday, citing a supportive legislation she introduced earlier.‘De Minimis Tax Exemption’Dorsey advocated for a “de minimis tax exemption” on everyday BTC payments, backing an argument that routine purchases, like buying coffee, shouldn’t trigger capital gains.Lummis quoted his post, saying, “If only we had a ₿ill for that… Oh, wait,” suggesting that a bill she introduce ...

⚡️ UPDATE: Coinbase CEO Brian Armstrong says Base App, a new self-custodial wallet, will launch later this year. https://t.co/4w1U0NHTIQ ...

🚨 🚨 🚨 577 #BTC (69,918,734 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/tckgMFmn3M ...

Coinbase and Mastercard are reportedly in advanced talks to acquire London-based stablecoin firm BVNK, in what could become the largest stablecoin acquisition to date, according to Fortune. Key Takeaways: Coinbase and Mastercard are in advanced talks to acquire UK-based stablecoin firm BVNK. BVNK, founded in 2021, provides stablecoin infrastructure for payments and cross-border transactions. The talks come amid a stablecoin boom, with the market surpassing $300 billion. The deal, estimated between ...

base has 8 million monthly active dex users through coinbase who never touched metamask. every other l2 requires wallet downloads seed phrases and bridge tutorials. base tokens pumped 187% in one day because coinbase can push any project to millions with one app update. optimism arbitrum and polygon combined don't have this distribution. when base token launches those 8 million users get airdropped without knowing what a wallet is. that's the unfair advantage vcs are frontrunning at $50b valuations. ...

Coinbase and Mastercard in $2 billion bidding race for stablecoin firm BVNK: report https://t.co/ewp6zlrLDI ...

【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com BVNK于2021年成立，总部位于伦敦，专注为企业提供稳定币支付、跨国结算及资金管理解决方 案。花旗集团旗下风投部门Citi Ventures日前向BVNK注资。BVNK联合创始人Chris Harmse日前接受 《CNBC》访问时未透露花旗投资额，但表示估值在上一轮融资时已披露达7.5亿美元。 据财富，加密货币交易所Coinbase与支付系统营运商万事达卡(Mastercard)，拟竞购稳定币新创公司 BVNK，交易估值约介乎15亿至25亿美元。Coinbase暂在竞购中处于领先位置。如果落实交易，这将成 为迄今最大规模稳定币公司收购个案，亦反映稳定币已进入金融主流之一。 （责任编辑：刘静 HZ010） CNBC引述Visa数据显示，过去12个月稳定币交易额接近9万亿美元，而Coinmarketcap数据则指， 目前所有稳定币的估值超过3000亿美元。 ...

Core Insights - Coinbase and Mastercard are engaged in a competitive bidding process to acquire London-based stablecoin fintech company BVNK, with the potential deal valued between $1.5 billion and $2.5 billion, marking it as the largest acquisition in the stablecoin sector to date [1][2][4] Group 1: Acquisition Details - The potential acquisition price range for BVNK is reported to be between $1.5 billion and $2.5 billion, with Coinbase currently leading the negotiations [2] - BVNK specializes in building stablecoin payment infrastructure and offers blockchain-based digital payment solutions for businesses [2] Group 2: Strategic Implications - This acquisition highlights the interest of financial giants like Coinbase and Mastercard in expanding their business through stablecoin technology, which offers instant settlement and significantly lower transaction costs compared to traditional systems like SWIFT [3] - For Coinbase, acquiring BVNK would strengthen its position in the crypto payment ecosystem, while for Mastercard, it represents a significant strategic shift towards blockchain payment technology [4] - Regardless of the outcome, this bidding war indicates that stablecoin infrastructure will be a central battleground in the next phase of fintech competition, influencing the future direction of digital payment systems [4]

🚨 JUST IN: Coinbase and Mastercard are in negotiations to acquire stablecoin startup BVNK for around $2B, with Coinbase reportedly leading, per Fortune. https://t.co/Vhpu5siGPF ...

Stablecoin Market Activity & Institutional Interest - Tokenization activity is experiencing significant growth [1] - Institutions are actively competing for stablecoin exposure, indicating the beginning of their digital asset expansion strategies [1] - This expansion may lead to institutions launching their own stablecoin and custody solutions [1] Mergers & Acquisitions (M&A) and Investment - Coinbase and MasterCard are reportedly in advanced discussions to acquire BVNK for over $2 billion [1] - m0 raised $40 million in a Series B funding round [1] - Citigroup has recently invested in BVNK [1] Stablecoin Market Size - USDT's market capitalization stands at $178 billion [1] - USDC's market capitalization is $76 billion [1] Regulatory Confidence & Market Trajectory - Growing confidence in stablecoins following the GENIUS Act suggests a strong future trajectory for the industry [2] - Continued large-scale M&A activity signals a strong bull cycle [2] Collateralized AI Investments - USDAI successfully structured a $500 million deal for collateralized AI investments [1]