TFU | June 18-24

The NYDFS granted a BitLicense to Square; Zelle is predicted to surpass Venmo in terms of users by the end of the year; a U.S. House subcommittee held a hearing on the use of digital currencies for illicit purposes; BitFlyer is suspending new business in Japan after negative findings from the FSA; and PayPal made two large acquisitions to improve its business payments and fraud protection services.

TFU | June 11-17

SEC reaffirms Ethereum is not a security; House committee calls for study on crypto use in illicit activities; Singapore is developing a code of ethics for AI; Bitcoin price fell sharply after South Korean crypto exchange hack; Wells Fargo limited cryptocurrency purchases on credit cards; a study found rampant price manipulation in crypto markets; and Apple banned cryptocurrency mining on iPhones.

TFU | June 4-10

What’s The Big Idea with Circle, Coinbase, and Revolut all making moves to expand their capabilities? Also: The CFTC subpoenaed several crypto exchanges; Ant raised $14B in the largest fundraising round in history; Google published its AI “code of ethics”; Facebook took another privacy hit; and the CFSI unveiled its 2018 FinLab cohort.

TFU | May 28 – June 3

What’s The Big Idea with the the CFPB and CFTC’s new sandbox? Also: a small blockchain startup in the Cayman Islands is raising $4B through token sales; Amex is using blockchain to support a rewards program; Visa’s European network had an outage; and Chime pulled in $70M in new funding.