Blockchain

Circle set to unveil Euro-backed stablecoin in US market

Circle Internet Financial, the issuer of the USD Coin dollar-pegged stablecoin, is set to introduce a new stablecoin backed by the single European currency.

YAS MicroInsurance joins forces with InsurTech Amodo

YAS MicroInsurance (YAS), an Asia-Pacific-based insurance blockchain frontier, is partnering with telematics InsurTech Amodo, to delivery autonomous insurance on-chain.

Could 2022 be the year of the CBDC?

With the rise of cryptocurrencies showing no signs of slowing down, the growth of central bank digital currencies (CBDC) appears to be another trend on the ascendancy. Will 2022 prove to be a red-letter year for CBDC adoption?

Alloy scores ?2.6m in pre-seed funding

Alloy, a decentralised finance platform for institutional investors, has closed its pre-seed funding round on ?2.6m.

Crypto banking firm BVNK snares $40m

BVNK, a banking and payments platform targeting firms that are seeking crypto integration, has raised $40m in a Series A funding round.
SEBA Bank, HashKey team up to drive digital assets in Hong Kong & Switzerland

SEBA Bank, HashKey team up to drive digital assets in Hong Kong & Switzerland

HashKey Digital Asset Group and SEBA Bank have signed a partnership as they look to help accelerate adoption of digital assets in Hong Kong and Switzerland.

Instagram to trial NFTs

Social networking giant Instagram is set to trial the use of non-fungible tokens (NFT) on its platform for some US users.

SEC to expand crypto, cyber enforcement unit with new appointments

The Securities and Exchange Commission has allocated 20 new positions to the unit focused on protecting investors in crypto markets and from cyber-related threats.

Central African Republic joins El Savador in making Bitcoin legal tender

The Central African Republic has become the second country globally to adopt Bitcoin as an official currency following El Salvador’s introduction last year.

FCA enables small number of crypto firms to trade after registration deadline

The Financial Conduct Authority (FCA) has allowed a number of cryptocurrency companies to continue trade past a licensing deadline as it continues to assess applications.

News Stories

Stripe valued at $70bn in new Sequoia Capital deal

Stripe valued at $70bn in new Sequoia Capital deal

In a strategic move, Sequoia Capital has reportedly extended an offer to its investors to buy shares in Stripe, a leading payments company it initially supported nearly 14 years ago, according to a report from Axios.
Mexican FinTech startup OCN raises $86m to expand car rental services for gig workers

Mexican FinTech startup OCN raises $86m to expand car rental services for gig workers

Mexican FinTech OCN, formerly known as OneCarNow, has successfully secured $86m in a Series A funding round, according to a report form Bloomberg.
EBA launches consultation on new MiCAR reporting guidelines

EBA launches consultation on new MiCAR reporting guidelines

The European Banking Authority (EBA) has announced a public consultation on new draft Guidelines intended to standardize reporting requirements under the Markets in Crypto-assets Regulation (MiCAR).
New Independent Science Based Taxonomy (ISBT) enhances sustainable investment

New Independent Science Based Taxonomy (ISBT) enhances sustainable investment

In the realm of sustainable finance, the clarity and credibility of categorising economic activities have received a substantial boost with the introduction of the Independent Science Based Taxonomy (ISBT).
KPMG launches new Clear on Climate Reporting Hub to offer greater ESG reporting support

KPMG launches new Clear on Climate Reporting Hub to offer greater ESG reporting support

KPMG International has recently launched the Clear on Climate Reporting Hub, an innovative platform designed to offer valuable insights and guidance on corporate reporting of climate-related matters.

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