Bitcoin

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?

Meow, a compliant crypto yield offering for corporate treasuries, has scored $22m in a Series A funding round.

A recent study by Ripple has found that over 70% of respondents across five global regions believe central bank digital currencies (CBDCs) could deliver major social change in the next five years.

The cryptocurrency industry needs strong regulation before it becomes so pervasive it poses financial stability risks, claims Federal Reserve Vice Chair Lael Brainard.