"CoinSwitch Kuber raises 260M. US FDIC looks at stablecoins." October 7, 2021

Daily Crypto Report · Oct 7, 2021 · 5m

Today’s blockchain and cryptocurrency news

Brought to you by ungrocery.com

Bitcoin is up 1% at $54,361

Ethereum is up .5% at $3,577

and Binance Coin is up 1% at $445

Shiba Inu up 43%

Fantom up 32%

Arweave up 16%

CoinSwitch Kuber has raised 260M in a series C.

Moneygram is partnering up with the Stellar development foundation for crypto payouts in local currencies.

Billionaire investor George Soros’ family office has invested in some Bitcoin

The US FDIC is looking into whether it can handle deposit insurance for stable coins.

Links:

Indian crypto exchange CoinSwitch Kuber raises $260M in new…