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Finance

Tokenized RWA Platform Huma Finance Gets $38M Investment, Plans Expansion to Solana and Stellar’s Soroban

Huma's payment-finance platform aims to address the liquidity needs of trade financing using blockchain technology for faster settlement.

Founders of Huma Finance and Arf (PRNewsfoto/Huma Finance, Arf)

Finance

BCB Group's Chief Compliance Officer to Exit in Latest Senior Management Departure

Natasha Powell is leaving the crypto payments firm. She will continue to support the group as a non-exec director of BCB Payments.

Kraken has hired Natasha Powell as U.K. head of compliance: sources. (BCB Group)

Finance

Crypto Payments Firm BCB Group Has Received Takeover Interest: Sources

The company received a takeover approach from an investor while exploring a Series B funding round.

(engin akyurt/Unsplash)

Policy

VC Giants a16z, Union Square Ventures Get Subpoenaed by New York About Uniswap: Sources

"We don't wish the burden of unnecessary subpoenas on anyone," a spokesperson for Uniswap told CoinDesk.

New York state Attorney General Letitia James (CoinDesk archives)

Finance

In Trump-Backed Crypto Project, Insiders Are Poised for Unusually Big Token Payouts

The team could get 70% of World Liberty Financial's tokens, a significantly higher-than-normal allocation from a project marketed as a solution to the “rigged” traditional finance system.

Eric, Donald and Donald Trump Jr. (Desiree Navarro/WireImage)

Finance

Inside the Trump Crypto Project Linked to a $2M DeFi Hack and Former Pick-Up Artist

Four team members listed in World Liberty Financial's white paper previously worked on Dough Finance, which was drained of $2 million in July. One also founded Date Hotter Girls LLC.

Donald Trump, center, pictured with sons Eric Trump, left, and Donald Trump Jr. (Alex Wong/Getty Images)

Policy

U.S. House Committee Plans for Heap of Crypto Hearings in September

The House Financial Services Committee is expected to look at DeFi, U.S. enforcement and "pig butchering" in a series of hearings the panel is set to schedule for next month.

U.S. Securities and Exchange Commission Chair Gary Gensler says the agency's court loss led to bitcoin ETF approvals. (Jesse Hamilton/CoinDesk)

Finance

Trump's New Crypto Business to Offer Access to 'High-Yield' Investments, Website Says

World Liberty Financial is "the only crypto DeFi platform supported by Donald J. Trump," according to homepage metadata.

Donald Trump at Bitcoin 2024 in Nashville (Danny Nelson/CoinDesk)

Policy

Advocates at Stand With Crypto Seek to Turn Crypto Enthusiasts Into Swing-State Voters

The group is opening a battleground-states tour with Sen. Sinema in Arizona, then it moves on to Nevada, Michigan, Wisconsin and Pennsylvania to get out the crypto vote.

U.S. Sen. Kyrsten Sinema is set to speak at the first Stand With Crypto event in a series of stops planned for battleground states in this year's elections. (Chip Somodevilla/Getty Images)

Policy

Controversial Crypto Firm Prometheum to Treat Uniswap and Arbitrum's Tokens as Securities

The SEC-registered crypto platform is expanding its custody operation beyond Ethereum's ETH, and that means it would be holding UNI and ARB as securities.

Aaron (pictured) and Benjamin Kaplan, Co-CEOs of Prometheum, are expanding their custody scope for crypto securities. (Suzanne Cordiero/Shutterstock/CoinDesk)