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Stripe Acqui-Hires Crypto Payments Startup Valora, Venturing Further Into Stablecoins
The team behind the Celo-based app is joining Stripe, while the intellectual property is returned to cLabs.

U.S. Banking Regulator Warns Wall Street on 'Debanking,' Claims Practices 'Unlawful'
The Office of the Comptroller of the Currency probed debanking of certain industries, including digital assets, and said it'll pursue any repeat of such activity.

Bitcoin Swings Wildly as Fed's Powell Straddles Labor Market and Inflation Issues
"Powell is threading the needle between their two mandates," said one analyst.

A16z Crypto to Open Seoul Office, Hire Sungmo Park to Lead Asia Efforts
Andreessen Horowitz's crypto venture capital unit pointed to high levels of crypto ownership in South Korea and Singapore, and growing onchain activity in Japan.

Consumer Groups Join Unions Trying to Derail U.S. Crypto Market Structure Bill
Political progressives have joined forces to oppose current versions of the industry-backed legislative effort in the Senate.
