A Treasury working group issued a new report calling for urgent action to regulate stablecoin issuers like banks; Klarna made *another* acquisition in its apparent effort to become a complete marketplace that can compete with the likes of Amazon; Ally Bank acquired Fair Square Financial; NerdWallet IPO’d on the Nasdaq exchange at over a $2 billion valuation; and anyone who invested in the Squid Game token got… squid gamed. All this + more below!
Fintech Update, 11/1 - 11/7
Fintech Update, 11/1 - 11/7
Fintech Update, 11/1 - 11/7
A Treasury working group issued a new report calling for urgent action to regulate stablecoin issuers like banks; Klarna made *another* acquisition in its apparent effort to become a complete marketplace that can compete with the likes of Amazon; Ally Bank acquired Fair Square Financial; NerdWallet IPO’d on the Nasdaq exchange at over a $2 billion valuation; and anyone who invested in the Squid Game token got… squid gamed. All this + more below!