Nuvei bags crypto know-how with Simplex acquisition
Canadian payments company Nuvei has agreed a $250m deal to acquire Israeli FinTech enterprise Simplex.
How long can WealthTech firms resist the crypto FOMO?
Global stockbrokers, neobankers and financial institutions are all slowly onboarding crypto into their asset portfolio and it's probably a matter of time before WealthTechs do the same, according to analysts.
Crypto firm MobileCoin notches $66m to develop privacy-focused digital payments
Crypto-focused digital payment ecosystem MobileCoin has closed a $66m funding round as part of a wider effort to bring more of its products and services to the market.
Cryptocurrency-based crime reached a new high in 2021
A report by Chainalysis has found illicit addresses received $14bn in deposits during 2021, which was almost twice the amount they collected in 2020.
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.
Taiwan Central Bank issues warning about NFT risks
The Central Bank of Taiwan has issued a warning to its citizens about the risks associated with NFTs as a particular mode of investment.
Crypto firm Juno scores $18m in Series A
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.
US regulators issue warning to banks on crypto exposure risks
Three US regulators have called on banks to be on their guard against crypto exposure risks in the wake of the FTX collapse.
Cormint bags $30m and 400 BTC to scale Bitcoin mining in West Texas
Cormint bags $30m and 400 BTC to scale Bitcoin mining in West Texas
Ripio bags additional funding to take Series A to $2.25m
Argentinian bitcoin startup Ripio (formerly Bitpagos) has bumped up its Series A round with an additional $428,000. The investment comes from Medici Ventures.