Bitcoin

Mobile app to save and earn high yield with DeFi Donut closed a $2m funding round, bringing Donut’s total funding to date to $3.8m.

Earlier this month, El Salvador became the first ever country to make bitcoin legal tender, alongside the US dollar. While this may spell good news for those who trade in the cryptocurrency, is El Salvador the first of many countries to legalise bitcoin or will it be a one-off?

Swiss wealth management company Criptonite Asset Management entered into a partnership with SEC-regulated digital asset investment manager Wave Financial to address the increasing demand from European investors on crypto-related products.

The World Bank has declined to help El Salvador with the integration of Bitcoin into its currency system highlighting concerns around the environment and transparency.

The Bank of England (BofE) FinTech chief has said the introduction of a central bank digital currencies (CBDC) doesn’t require a trade-off between privacy and tackling financial crime.

Global stockbrokers, neobankers and financial institutions are all slowly onboarding crypto into their asset portfolio and it's probably a matter of time before WealthTechs do the same, according to analysts.

Cryptocurrency trading firm Amber Group has entered unicorn status with $100m Series B round led by China Renaissance.

UK's Financial Conduct Authority (FCA) found that while people are increasingly investing in cryptoassets and no longer think of it as a gamble, they should be "prepared to lose all their money."

Switzerland-based Relai has raised CHF 2.5m ($2.7m) in its Series A round, which will help it expand in Europe.

A study by the Bank for International Settlements (BIS) has discovered the introduction of central bank digital currencies (CBDCs) may lead to greater foreign exchange controls.