Fold App now support fiat currencies after finishing $2.5m investment round
Cryptocurrency startup Fold has added support for fiat currencies, government issued money that is not backed by a commodity, to its service that allows people to shop and get bitcoin-back rewards.
CFTC charges foreign exchange firm with fraud in a bitcoin-linked Ponzi scheme
A foreign exchange firm used its investors’ money for personal expenses such as buying a BMW, according to charges brought out against it by the Commodity Futures Trading Commission (CFTC).
FCA research reveals 1.1 million spike in crypto asset buyers and many were convinced...
An estimated 2.6 million UK consumers have bought cryptoassets at some point, new research from the Financial Conduct Authority (FCA) reveals.
Hackers demand $1m from insurer Shirbit to keep compromised client data private
Hacking group Black Shadow has demanded to be paid almost $1m to keep the customer data it stole from Israeli insurance company Shirbit private.
Crypto-based Avanti hauls in $37m to launch a digital asset bank
Digital asset bank Avanti Financial Group completed its Series A funding round with $37m, bringing its total raised capital since inception to $44m.
Why the 46 FinTech rounds from last week are exciting for stock trading and...
With Trade Republic netting $900m and four startups earning the horn among 46 rounds, last week proved to be a great week in terms of FinTech investment, particularly for stock trading apps enterprises.
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).
G7 finance group endorses policy principals for retail CBDCs
Finance officials from the G7 have endorsed 13 public policy principles for retail central bank digital currencies (CBDCs).
India plans to unveil digital rupee in 2023
The Indian government has revealed it plans to launch a digital rupee in 2023 to deal with the growing demand for digital transactions in the country.
EU Parliament votes to introduce KYC on private crypto wallets
The European Parliament has voted to introduce new regulatory measures that would essentially restrict cryptocurrency transactions by anonymous accounts.
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