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

Today’s blockchain and cryptocurrency news
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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.

• Indian crypto exchange CoinSwitch Kuber raises $260M in new funding
• MoneyGram Announces Innovative Partnership with the Stellar Development Foundation to Utilize Blockchain Technology
• US FDIC Said to Be Studying Deposit Insurance for Stablecoins — CoinDesk
• Soros Fund CEO Fitzpatrick on Market Outlook - YouTube