Hack VC unveils $200m cryptocurrency seed fund
California crypto-native investment firm Hack VC has launched a $200m crypto seed fund to invest in crypto, blockchain and web3 startups.
HMRC seizes NFTs for first time ever in £1.4m fraud bust
Her Majesty’s Revenue and Customs have revealed that have seized 3 non fungible tokens (NFTs) during an investigation into a fraud case worth £1.4m.
Do crypto assets pose a global threat to financial stability?
The Financial Stability Board (FSB) has claimed that the crypto assets market could pose a serious threat to financial stability if regulators fail to...
FBI establishes cryptocurrency unit
The FBI is setting up a cryptocurrency-focused unit that will look to work closely with the US Justice Department. The National Cryptocurrency Enforcement Team...
Why cryptocurrency is on the long road to compliance
As cryptocurrency continues its break-neck rise in popularity and usage, the calls by lawmakers and the financial industry for its greater regulation are getting louder and louder.
Is regulation on the horizon for NFTs?
The growth of non-fungible tokens (NFTs) has been stratospheric over the past two years, with the market showing no signs of slowing down in 2022. After recently hitting a $41bn value at the end of 2021, the number of prying regulatory eyes on the industry are growing. Will this be the year we see wholesale regulation on NFTs?
Newton Crypto bags $20m Series B funding
Canadian cryptocurrency trading platform Newton Crypto has raised $20m from a financing raise led by DV Chain.
US Justice Department performs $3.6bn cryptocurrency seizure
The US Department of Justice (DoJ) has undertaken a seizure of $3.6bn in cryptocurrency in what is being described as its largest-ever financial seizure.
Betterment steps into cryptocurrency with Makara purchase
Investment advisor Betterment has entered an agreement to acquire cryptocurrency portfolio manager Makara for an undisclosed fee.
India plans to unveil digital rupee in 2023
The Indian government has revealed it plans to launch a digital rupee in 2023 to deal with the growing demand for digital transactions in the country.