CBDC

France and Luxembourg conclude CBDC project

The central banks of France and Luxembourg have finished an experimental CBDC project to settle a €100m digital native bond, claims Finextra.
Foresight

Foresight Ventures unveils $10m incubator for Web3 startups

Foresight Ventures, a Singapore-based crypto fund, has introduced a $10m incubator program focused on supporting Web3 startups.
Nucleo

Crypto infrastructure firm Nucleo secures $4m seed

Nucleo, a private, non-custodial, auditable multi-sig on Ethereum that provides the privacy infrastructure for crypto firms, has raised $4m in a seed round.
Cryptocurrency-exchanges-try-to-reaffirm-faith

Cryptocurrency exchanges try to reaffirm faith

Cryptocurrency exchanges have been reaffirming the public of their reserves to quench customer fears, as the market reacts to FTX.
Cryptocurrency-brokerage-Genesis-receives-$140m-after-FTX-downfall

Cryptocurrency brokerage Genesis receives $140m after FTX downfall

 Genesis, a cryptocurrency brokerage, is reportedly set to receive a $140m equity infusion from its parent company, Digital Currency Group, to support its balance sheet.
BIS

BIS Innovation Hub unveils new CBDC prototype

The Bank of International Settlements (BIS) Innovation Hub’s Swiss Centre has launched a new project as a prototype CBDC.
New York

New York Fed, MAS link to explore wCBDCs for cross-border payments

The Federal Reserve Bank of New York and the Monetary Authority of Singapore (MAS) have linked to explore the use of wholesale CBDCs for cross-border payments.
paper

Research paper outlines legal authority for bank use of stablecoins

The Clearing House has released a research paper that analyses the legal authority and policy considerations for banks’ engagement in stablecoin-related activities.
TRM Labs bags $70m to help stop crypto-related fraud

TRM Labs bags $70m to help stop crypto-related fraud

TRM Labs, a blockchain intelligence detecting crypto-related fraud and financial crime, has raised $70m for its Series B funding round.
Crypto to fiat app Ramp closes Series B on $70m

Crypto to fiat app Ramp closes Series B on $70m

Ramp, which is building the payment rails to connect crypto to the global financial system, has closed its Series B funding round on $70m.

News Stories

5-questions-to-ask-during-compliance-budget-building

5 questions to ask during compliance budget building

As companies start preparing for 2023, budgets are often a major talking point. Red Oak Compliance has outlined the five questions companies need to be asking when building the compliance budget.
law

Law enforcers link in global money laundering crackdown

Law enforcement from 25 countries have linked to crack down on money mules and their recruiters.
Intuit acquires SeedFi to bolster Credit Karma solution

Intuit acquires SeedFi to bolster Credit Karma solution

Intuit, a developer of multiple leading FinTech services, has acquired SeedFi, which is the partner behind Credit Karma’s Credit Builder solution.
secjur

German compliance firm secjur lands €5.5m

secjur, a Hamburg-based provider of an AI-powered compliance automation platform, has scored €5.5m in seed financing.
FCA

FCA hits Julius Baer International with £18m fine

The Financial Conduct Authority (FCA) has slapped Julius Baer International, an investment advisory and wealth manager, with an £18m penalty.

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