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Today In Payments: $50B In Crypto Moved Out Of China; Uber Health To Deliver Meds

PYMNTS

In today’s top news, $50 billion worth of cryptocurrency was transferred out of China, and Uber Health and NimbleRx have teamed on prescription delivery. Report: $50B in Cryptocurrency Moved Out of China. Publishers’ Letter Spotlights ‘Apple Tax’ – and Digital News Delivery. The Main Street Rescue That Wasn’t (And Still Isn’t).

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Fintech Fundings: 22 Companies Raise $300 Million Plus 2 IPOs Raise $5.9 Billion

Fintech Labs Insights

It was a blockbuster week in fintech with more than $6 billion in new funds flowing to the sector. HQ: Boston, Massecheusetts. The post Fintech Fundings: 22 Companies Raise $300 Million Plus 2 IPOs Raise $5.9 Tags: Bitcoin, blockchain, cryptocurrency. The vast majority, $5.9 billion) and First Data ($2.6 Total raised: $4.1

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Stablecoin Outlook Anything But Stable As Regulation, Legislation Loom

PYMNTS

The issue is that, Facebook aside, many of these coins, which are in the process of being launched or even yet to be conceptualized, will be “minted” by a slew of smaller FinTech and non-bank companies (including those focused on blockchain ), with relatively limited resources to devote to hurdling regulatory challenges.