ConsenSys, R3, Tron, CipherTrace: Blockchain Startups Got $18M+ in US ‘PPP’ Bailout Loans

More than 40 companies in the blockchain and cryptocurrency industry collected at least $18 million in payroll loans from the U.S. government. The U.S. Small Business Administration (SBA) published details of its Paycheck Protection Program (PPP) on Monday, revealing a who’s who of major and minor firms in the industry. Loan recipients included Zcash developer […]

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New York, French Finance Watchdogs Open Doors for Each Other’s Fintech Startups

The New York State Department of Financial Services (NYDFS) and its French regulatory counterpart will work to “ease the entry” for fintech innovators into their respective markets. An agreement with the French Autorite de Controle Prudentiel et de Resolution (ACPR), signed Wednesday, seeks to further develop New York and France as “innovation hubs for financial services technology,” according to a press […]

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