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Egyptian Fintech Startup Connect Money Secures $8 Million Seed Funding

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The startup reportedly aims to use the funding to finance the launch of five new business verticals in North African markets.

​ The startup reportedly aims to use the funding to finance the launch of five new business verticals in North African markets. 

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Treasury and IRS Announce Digital Asset Tax Reporting Regulations

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The Treasury and the IRS have released final regulations on digital asset tax reporting as part of Infrastructure Investment and Jobs Act.

​ The Treasury and the IRS have released final regulations on digital asset tax reporting as part of Infrastructure Investment and Jobs Act. 

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Analyst Updates Spot Ether ETF Launch Date Prediction Citing Slow SEC Review

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Bloomberg’s senior ETF analyst has updated his prediction regarding the launch of spot ether exchange-traded funds (ETFs).

​ Bloomberg’s senior ETF analyst has updated his prediction regarding the launch of spot ether exchange-traded funds (ETFs). 

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Stablecoin Market Remains Steady in June Amidst Crypto Volatility

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Ethena’s yield-bearing stablecoin USDE led the growth this past month, with its supply increasing by 21.4% since May.

​ Ethena’s yield-bearing stablecoin USDE led the growth this past month, with its supply increasing by 21.4% since May. 

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