Other Cryptocurrencies

A recent consultation by the UK Treasury has revealed that plans for a digital UK currency are being considered and could be realised within a decade.

SALT Lending, a crypto lending platform, has scored $64.4m in a Series A funding round from a share sale to accredited investors, CoinDesk has reported.

Despite the rising usage of cryptocurrency, regulations are still quite bare and confusing. Principal to this is crypto tax reporting, which some countries are setting rules for, before even clarifying taxation laws.

The Australian government is seeking responses to its latest consultation paper on the topic of token mapping.

Archimedes, which claims to be a one-of-a-kind lending and borrowing marketplace that utilises NFTs, has raised $4.9m in its seed round.

The UK government has unveiled proposals to put cryptoassets into the same regulatory regime as traditional financial services.

Four senior US officials in the White House have called on the US Congress to ‘step up its efforts’ in regulating the cryptocurrency market.

Cryptocurrency derivatives exchange Deribit has selected Eventus’ Validus platform to provide market abuse monitoring on the exchange.

Digital asset protection technology company Coincover has partnered with Fireblocks to give investors enterprise-grade asset security.

Illicit activity in the cryptocurrency reached an all-time high of $20.1bn in 2022, up from $18bn the previous year.