[New Political Action Committee 'Fellowship' Supporting 'U.S. Cryptocurrency Advocates' Raises $100 Million] According to Cointelegraph, a new political action committee focused on supporting U.S. candidates who 'support innovation and cryptocurrency' has officially launched with $100 million in funding. On Monday, the Fellowship Political Action Committee posted on the X platform, stating that as part of efforts to back the Trump administration's digital asset strategy initiatives, the committee has raised 'over $100 million' from anonymous sources. The political action committee stated that its goal is to support specific candidates for federal office and to help clarify regulatory guidelines, thereby preventing the 'brain drain and entrepreneur exodus' of U.S. cryptocurrency companies. Sources indicated that the political action committee has not seen evidence of 'Coinbase's involvement' in the initiative.

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[MoonPay Acquires Meso Network to Strengthen Crypto and Fiat Payment Integration] MoonPay Inc. announced the acquisition of crypto payment startup Meso Network to advance its global payment network development and further enhance its support for cryptocurrencies and fiat currencies. CEO Ivan Soto-Wright stated that this acquisition will optimize the company's integration with the U.S. banking system and improve product integration capabilities on the developer platform. Meso Network co-founders Ali Aghareza and Ben Mills will serve as MoonPay's Chief Technology Officer and Senior Vice President of Product, respectively. Both previously worked at PayPal and Venmo. Sources familiar with the matter revealed that MoonPay is in discussions with investors for a new round of funding, with its valuation potentially surpassing $3.4 billion from 2021. Additionally, this marks MoonPay's fourth acquisition this year, following the acquisitions of Iron, Helio, and Decent.xyz. Terms of the deal have not been disclosed.

[SC Ventures, a subsidiary of Standard Chartered Bank, plans to raise $250 million for its new digital assets fund] According to Bloomberg, SC Ventures, the venture capital arm of Standard Chartered Plc, is planning to raise funds for a $250 million fund focused on investing in digital assets within the financial services sector. Gautam Jain, an operating partner at SC Ventures, stated on Monday during the inaugural Money 20/20 fintech event in Riyadh that the fund is scheduled to launch next year, with backing from some Middle Eastern investors and a global investment outlook. Jain mentioned that the division also plans to launch a $100 million Africa-focused investment fund and is considering introducing its first venture debt fund, though he did not specify whether these funds would also focus on digital assets or fintech. Jain further noted that the division is increasing its investment in the Middle East this year, having launched operations in Saudi Arabia in January. Its strategy involves forming a team dedicated to the Saudi market and launching a domestic fund in 2026, which will focus on minority equity investments in companies and new business development.

1. Trump calls for Powell to significantly cut interest rates, urging unexpected action 2. US lawmakers and crypto executives push for strategic Bitcoin reserve legislation 3. PayPal integrates cryptocurrency into the peer-to-peer payment process 4. The expectation of the Federal Reserve cutting interest rates has heated up, and the market has digested a probability of 25 basis points 5. SEC and Gemini reach preliminary settlement on cryptocurrency lending lawsuit 6. Next Technology submits $500 million stock registration, plans to increase holdings of Bitcoin 7. Strategy has once again increased its holdings of 525 bitcoins, bringing its total holdings to 639000 8. France may ban non domestic licensed cryptocurrency companies from operating The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/486706