UK mandates crypto exchanges to report sanctions breaches
Updated guidance from the Treasury’s Office of Financial Sanctions Implementation (OFSI) has revealed crypto exchanges must report sanction breaches in the UK.
DeFi FinTech Spectral lands $23m
Spectral, a company specialising in the decentralised finance space, has raised $23m from a funding round.
Fortress Blockchain Technologies closes seed round
Fortress Blockchain Technologies has closed its seed round on $22.5m, which was led by Ayon Capital.
Airswift picks up $2m for crypto payment solutions
Airswift, a FinTech startup pioneering Web 3.0 native payment solutions, has raised $2m in a pre-seed funding round led by CE Innovation Capital (CEiC).
Bank of Thailand to initiate CBDC pilot study
The Bank of Thailand has said that it is starting a pilot study of a retail central bank digital currency (CBDC).
Data infrastructure platform Vybe Network scores Series A
Data infrastructure solution Vybe Network has closed its Series A investment round on $10.5m.
UK Parliament initiates inquiry into crypto and digital assets sector
A cross party group in the UK Parliament has begun an inquiry into the UK’s cryptocurrency and digital assets sector.
Xion Finance closes $50m investment from GEM Digital
Xion Finance, which removes the manual process of investing into initial DEX offerings, has collected $50m in funding.
EBA warns drain of talent will impact regulation of crypto
A chair of the European Banking Authority (EBA) has said European regulators are facing challenges in finding talent to help regulate the cryptocurrency industry.
Topl bags $15m to power the next wave of supply chains
Topl, which developed blockchain built to drive impact initiatives and sustainable transformation for companies across the world, has raised $15m in Series A funding.
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