Financial Stability Board reportedly assessing stablecoin risks
The Financial Stability Board (FSB) is reportedly investigating the potential risk and challenges presented by stablecoins.
South Korea-based RAI Finance nets $1.5m in funding
Blockchain-based decentralized finance (DeFi) protocol RAI Finance has reportedly closed a $1.5m strategic investment.
Dragonfly Capital launches $100 crypto-focused fund
Newly launched venture capital firm Dragonfly Capital Partners has released its debut crypto-focused fund, with a $100m capital pool.
Metaverse economy could reach $13trn valuation by 2030
A report by Citi has predicted that the fledgling Metaverse economy could be worth $13trn by 2030.
UK parliament launches crypto advocacy group
The UK parliament has launched a cross-party group of lawmakers to create a framework to regulate digital asset markets, a report by the Financial Times has revealed.
Celsius Network has processed over $1bn in cryptocurrency deposits since launching in 2018
Cryptocurrency interest-earning platform Celsius Network has stated that it has surpassed $1bn in total cryptocurrency deposits in less than years after launching its mobile app.
AC Ventures backs Indonesian crypto platform Reku
Reku, indonesia-based crypto exchange and marketplace, has raised $11m in Series A funding led by AC Ventures.
ECB: digital euro will not be available until 2026 at least
The European Central Bank (ECB) has said EU citizens are unlikely to see a digital euro until 2026 at the earliest as the bank considers further design and distribution considerations.
Bahrain crypto exchange Rain nets $110m
Bahrain-based cryptocurrency exchange Rain has collected $110m in its Series B funding round. The investment was co-led by Paradigm and Kleiner Perkins, with commitments also...
ComplyAdvantage issues AML guide for crypto firms
ComplyAdvantage has released the Anti-Money Laundering Guide for Crypto Firms to help firms better understand the risks.
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