Swedish payments giant Klarna Bank AB, which is reportedly planning a US initial public offering this year, plans to “embrace crypto,” according to a Feb. 8 post from its CEO Sebastian Siemiatkowski. Siemiatkowski said he had some ideas but asked his followers for their input, prompting responses from some industry executives. The firm processes around…

The US Securities and Exchange Commission requested more time to respond to a motion to dismiss one of the agency’s crypto enforcement cases, citing how its recently created crypto task force could affect its approach in court. In a Feb. 10 filing in the US District Court for the Northern District of Illinois, the SEC…

The number of cryptocurrency venture capital deals declined significantly in the fourth quarter of 2024, indicating that investors are becoming more selective in allocating funds. In PitchBook’s Crypto VC Trends report, the capital market data firm revealed that the total crypto deal count in the first quarter of 2024 was 653. The number of deals had quarterly…