BIS Innovation Hub unveils new CBDC prototype
The Bank of International Settlements (BIS) Innovation Hub Swiss Centre has launched a new project as a prototype CBDC.
New York Fed, MAS link to explore wCBDCs for cross-border payments
The Federal Reserve Bank of New York and the Monetary Authority of Singapore (MAS) have linked to explore the use of wholesale CBDCs for cross-border payments.
Research paper outlines legal authority for bank use of stablecoins
The Clearing House has released a research paper that analyses the legal authority and policy considerations for banks’ engagement in stablecoin-related activities.
TRM Labs bags $70m to help stop crypto-related fraud
TRM Labs, a blockchain intelligence detecting crypto-related fraud and financial crime, has raised $70m for its Series B funding round.
Sila, MX partner for tokenized account verification
Sila, a developer of payment infrastructure as a service, and open finance provider MX have launched tokenized integration for bank account verification.
Crypto to fiat app Ramp closes Series B on $70m
Ramp, which is building the payment rails to connect crypto to the global financial system, has closed its Series B funding round on $70m.
Web3 platform Xternity lands $4.5m in pre-seed funding
Xternity, an Israeli provider of a Web3 platform for games, has scored $4.5m in pre-seed investment.
Goldman Sachs, MSC Coin Metrics launch digital asset classification system
Goldman Sachs, MSCI and Coin Metrics have partnered for the launch of datonomy, a new classification system for the digital assets market.
MAS unveils collaboration on CBDC project
The Monetary Authority of Singapore (MAS) has launched Ubin+, an expanded collaboration on a cross-border foreign exchange using wholesale CBDC.
WalletConnect snares $12.5m in ecosystem round
WalletConnect, a web3 communications protocol firm, has raised $12.5m in an ecosystem round.
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