Singapore FinTech STACS scores $3.6m to improve financial services via blockchain
Singapore-based blockchain development startup Hashstacs Pte Ltd (STACS) raised $3.6m in pre-Series A funding.
Revolut adds new capabilities to boost Bitcoin uptake
UK-based FinTech Revolut has introduced new features for users which enable them to transfer funds from Bitcoin holdings to their own digital wallets.
Standard Chartered unveils plans to launch cryptocurrency trading venture
Standard Chartered is planning to establish a UK-based cryptocurrency brokerage and exchange for clients in the UK and Europe.
Andreessen Horowitz leads $9m round for Solana’s Phantom wallet to develop its multichain feature
Phantom, a crypto wallet and browser extension for accessing decentralized finance (DeFi) applications, has raised $9m in a Series A funding round led by Andreessen Horowitz (A16z).
Mastercard enters agreement to buy crypto intelligence firm CipherTrace
Mastercard has agreed to acquire cryptocurrency intelligence and blockchain analytics firm CipherTrace for an undisclosed fee.
HKMA proposes bank-like regulations on stablecoins
The Hong Kong Monetary Authority (HKMA) has called for the regulation of fiat-currency backed stablecoins similar to that of banks.
Thailand eases crypto tax regulations to promote digital asset investments
Thailand’s finance ministry has loosened regulations around crypto tax in order to foster investment in the country’s digital asset market.
Elon Musk faces $258bn lawsuit for allegedly defrauding Dogecoin investor
Elon Musk will face a $258bn lawsuit from an investor of the Dogecoin cryptocurrency for defrauding him through a crypto pyramid scheme.
White House establishes framework for digital assets
The White House has launched a framework for the development of digital assets, which is the first of its kind in the US.
Crypto firm Amber bags $300m
Amber Group, a cryptocurrency trading company, has landed $300m in a Series C investment round.
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