Central Bank Governors endorse limit on crypto asset bank exposure
The Group of Central Bank Governors and Heads of Supervision (GHOS) has endorsed a finalised prudential standard on banks’ cryptoasset exposures.
Blockchain infrastructure platform Paxos picks up $300m, takes its valuation to $2.4bn
New York-based cryptocurrency exchange Paxos raised $300m in a Series D funding round taking its valuation to $2.4bn.
No, Uber won’t be buying bitcoin but it may soon accept it as payment
Uber CEO Dara Khosrowshahi has revealed that the company won't be following Tesla's example and buy bitcoin, but added that it may soon accept the cryptocurrency as payment.
SEC chair highlights US cryptocurrency regulation shortfalls
The Securities and Exchange Commission (SEC) chair has outlined gaps in US regulation of cryptocurrencies that could cause investor risk and financial crime concerns.
Huobi introduces crypto-to-fiat debit card
Huobi Global, a virtual asset exchange, has partnered with Solaris to deliver a crypto-to-fiat debit card that will help Huobi users to spend digital assets at point-of-sale.
North Korean hack attacks fund weapons with $2bn stolen banks and cryptocurrency exchanges
The nuclear and missile programmes of Pyongyang has been funded by North Korea using cyberattacks against banks and cryptocurrency exchanges, a new report has revealed.
Soramitsu to undertake CBDC studies with Vietnam and the Philippines
Japanese blockchain firm Soramitsu will undertake feasibility studies for central bank digital currencies (CBDC) with both Vietnam and the Philippines.
African crypto exchange SAFCOIN launches zero-fee bitcoin trading pair just after investment in the...
Bitcoin traders in Africa can now trade South African rand and American dollars on SAFCOIN, the cryptocurrency exchange, without paying any transaction fees.
Bitcoin-based loan provider Ledn scores $2.7m in funding
Digital asset savings and credit platform Ledn has scored $2.7m in fresh funding to support its growth.
Crypto firm Cobo scores $40m Series B to develop DeFi platform
Singaporean FinTech firm Cobo has raised $40m from a Series B funding round to develop what it claims is the first ever DeFi-as-a-service platform.