Stripe-backed Tempo taps Mastercard, UBS for public testnet debut

Klarna, the Swedish fintech company, has announced a partnership with Privy, a Stripe-owned entity, to develop features for crypto wallets, following its recent launch of the KlarnaUSD stablecoin. This collaboration aims to enhance the integration of cryptocurrency within Klarna's ecosystem.

Klarna has partnered with Privy to explore the integration of a crypto wallet within its ecosystem, marking a significant step in the company's expansion into the cryptocurrency sector. This collaboration aims to enhance user experience by providing seamless access to digital assets within Klarna's existing services.

Payments giant Stripe has acquired the team behind the crypto wallet app Valora, while the app's intellectual property returns to Celo's cLabs. This move is part of Stripe's strategy to bolster its initiatives in the cryptocurrency sector.

Stripe has acquired the team behind Valora, a crypto payments startup based on the Celo platform, while returning its intellectual property to cLabs. This move signifies Stripe's commitment to expanding its footprint in the cryptocurrency space, particularly in stablecoin solutions.

Swissborg has partnered with Mastercard to launch a crypto debit card that will be available across 30 countries, marking a significant step in integrating cryptocurrency into everyday financial transactions. This collaboration aims to enhance user access to digital currencies through a familiar payment method.

Stripe has launched the public testnet for its blockchain initiative, Tempo, which aims to enhance payment solutions and has attracted partnerships with major institutions such as Mastercard and UBS. This development is part of Stripe's broader strategy to expand its presence in the cryptocurrency sector.

Swapper Finance has partnered with Chainlink and Mastercard to launch Direct Deposits, aiming to facilitate global payments directly into the on-chain economy for over 3.5 billion users worldwide. This initiative marks a significant step in enhancing the accessibility of cryptocurrency transactions for a vast audience.

A U.S. judge has temporarily halted enforcement actions by the Connecticut Department of Consumer Protection against Kalshi, a prediction market platform, allowing the company to continue its operations for the time being. This ruling comes amidst ongoing scrutiny of Kalshi's activities in the state, particularly concerning allegations of illegal sports wagering.