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
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.
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