Other Cryptocurrencies

Bitcoin Group SE has signed a deal with Dietrich von Boetticher, the owner of German bank Bankhaus von der Heydt, to acquire 100% of the shares of the company.

NF3, a community-first NFT swaps and financing marketplace, has recently closed a $1.65m seed funding round.

Finnish FinTech Membrane Finance, a company building a European alternative to the USD stablecoin, has secured its e-money licence and raised €2m.

Bank Indonesia, Indonesia’s central bank, has released a whitepaper that underlines plans for its central bank digital currency (CBDC).

A blogpost by European Central Bank representatives has remarked that the current turmoil being seen in the crypto markets is ‘Bitcoin’s last stand’. 

The central banks of France and Luxembourg have finished an experimental CBDC project to settle a ?100m digital native bond, claims Finextra.

EMURGO Ventures has made two new investments, as it bolsters its Web3 portfolio.

Foresight Ventures, a Singapore-based crypto fund, has introduced a $10m incubator program focused on supporting Web3 startups.

Cryptocurrency is becoming increasingly popular, but so is its use for money laundering. The Financial Action Task Force (FATF) recently revealed the Travel Rule for crypto, but what does this mean?

Nucleo, a private, non-custodial, auditable multi-sig on Ethereum that provides the privacy infrastructure for crypto firms, has raised $4m in a seed round.