Bitcoin

The UK’s Financial Conduct Authority (FCA) has made another move to crackdown on crypto ATMs by inspecting several sites in East London.

Divly, a FinTech helping simplify tax declarations for the crypto market, has raised $400,000 in a new fundraise.  

Relai, a place to buy and sell bitcoin, has reportedly raised $4.5m in a funding round that will help the crypto company bolster its position in Europe.

Coinbase has purchased One River Digital Asset Management, a digital asset manager focused on providing clients exposure to digital assets through investment products.  

NeoSwap AI, an AI-powered NFT trading startup, has closed its pre-seed investment round and bagged $2m.

Dubbed the Crypto Winter, the cryptocurrency market has gone through a tough period with companies collapsing, major fines and token prices dropping. However, players in the industry are confident spring is coming.

The Securities and Futures Commission (SFC) of Hong Kong has launched a consultation on the proposed requirements for operators of virtual asset trading platforms.

Non-fungible tokens (NFTs) massively came onto the global financial scene last year, with celebrities the world over purchasing a stake in the growing trend.

Coinmetro, a digital currency exchange, has recently acquired SME fundraising platform Ignium in a deal worth €4m.

VRRB Labs, a decentralised protocol that combines speed, scalability and decentralisation, has landed $1.4m in pre-seed funding.