Fintech
Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ
Revolut has been in talks with investment firm Greenoaks over the sale, which would pave the way for a potential IPO

The Catch-22 of U.S. Crypto Regulation
The SEC is asking crypto and fintech firms to do the impossible. Only Congress can stop that, Marcelo M. Prates writes.

What's Wrong With PayPal's Stablecoin?
If PYUSD is to gain true and lasting traction, the newly minted stablecoin issuer needs to address certain centralization concerns, Kima Chief Technology Officer Guy Vider writes.

Rep. Davidson on State of U.S. Crypto Sector
Rep. Warren Davidson (R-Ohio) weighs in on the future developments of crypto services and fintech companies in the U.S. The Congressman told "First Mover" in part, "we've set up the protocols and architecture for every major innovation since the industrial revolution...why would we bail now on fintech?"

Crypto Was Singapore's Top Area of Fintech Investment in 2022 Despite Global Slowdown: KPMG
For 2023, KPMG has predicted that it is "likely investments in crypto-focused firms will remain very slow."

Hong Kong’s Finance Regulator Calls for 'a More Solid Footing' for Crypto
After crypto firms have left the city, the regulator says it’s now moving with the market and industry.

Lending Platform SoFi's Revenue Jumps 56% in Q3
The company's Nasdaq-listed shares rose 13% in premarket trading.

Digital Bank Revolut to Allow Customers to Make Purchases With Crypto Balances
The fintech firm recently won registration from the U.K.'s financial regulator to offer crypto services.



