Blockchain & Cryptocurrencies

The Financial Conduct Authority (FCA) has banned the sale of derivatives and exchange traded notes that reference certain types of cryptocurrencies like bicoin, ripple and ether to retail consumers.

Finance ministers and central bank governors from the G7 have called on the cryptocurrency industry to receive swift and comprehensive regulation.

Juno, a company that provides a checking account for crypto natives to earn, invest and spend both cash and crypto, has bagged $18m in a Series A.

Crypto tax and portfolio tracking service CoinTracker has netted $100m in its Series A investment, which puts its valuation at $1.3bn.

Amber Group, a cryptocurrency trading company, has landed $300m in a Series C investment round.

Out of the 33 FinTech funding rounds we reported on last week, cybersecurity companies and cryptocurrency-based enterprises were the clear winners.

After months of speculation, governmental hearings and partners abandoning the project, it seems as if the Facebook-led cryptocurrency Libra has taken a big step towards being recognised by regulators.

Taiwan-based blockchain company XY Finance has raised $12m from a funding round led by Circle Internet Financial.

Ethereum-based DeFi aggregator Zerion raised $8.2m in a Series A funding round led by Mosaic Ventures which also featured participation from Placeholder, Digital Currency Group, and Blockchain.com Ventures, among others.

As we slowly make our way into the New Year, 2023 is shaping up to be a big year for the introduction of new...