Bitcoin

The Bank of Thailand has said that it is starting a pilot study of a retail central bank digital currency (CBDC).

A cross party group in the UK Parliament has begun an inquiry into the UK’s cryptocurrency and digital assets sector.

Wirex, a crypto and payments ecosystem, has expanded its Wirex Credit program to new regions and developed additional features.

Robinhood’s crypto division has been given a $30m penalty by the New York Department of Financial Services for violations of cyber and money laundering regulations.

A chair of the European Banking Authority (EBA) has said European regulators are facing challenges in finding talent to help regulate the cryptocurrency industry.

Atato, a digital asset company, has raised $6m from a Series A funding round headed by AlphaLab Capital and FEBE Ventures.

Crypso, a community-led investing platform for crypto, has raised $3m in a seed financing round headed by Hashed Emergent. 

With cryptocurrency taking an inflated role in the financial mainstream in recent years, ensuring that you remain compliant when it comes to the industry is becoming increasingly vital.

Alternative asset exchange Jupiter Exchange has closed a $5m seed funding round headed by White Hilt Capital.

The crypto industry has been on a white-knuckle rollercoaster over the last few years. Establishing a market presence back in 2013, the price of Bitcoin rose from just over $10,000 in 2017 to over $61,000 in October 2021. However, the market is now undergoing a crash. Was a failure to regulation to blame?