24 FinTech investment rounds from the last week that could tell you about the...
As COVID-19 continues to wreak havoc in the global economy, FinTech companies have continued to raise capital. Here's what the rounds from the past seven days tell us.
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.
Russian central bank to initiate digital ruble pilot
The central bank of Russia has revealed it is planning to begin a pilot test for a digital ruble with 12 of the country’s top banks.
VC firms help digital assets, bitcoin futures business Bakkt to $182.5m funding round
Digital assets and bitcoin futures startup Bakkt says it is ready to build on a bellwether 2018 after picking up $182.5m of new funding.
South Korea to introduce digital currency regulatory framework by 2024
South Korea government has revealed it is planning to enforce all-inclusive regulations for the digital currency industry in 2024.
Starling Bank’s co-founder’s new cryptocurrency startup Ziglu secures ?5.25m in seed funding
Having left Starling Bank back in 2016, Mark Hipperson is now back with his new venture Ziglu, which has just bagged ?5.25m in seed capital.
France and Luxembourg conclude CBDC project
The central banks of France and Luxembourg have finished an experimental CBDC project to settle a ?100m digital native bond, claims Finextra.
Over half of crypto experts believe bitcoin will replace fiat money by 2050
A recent survey has found that over half of the experts who took part believe bitcoin will become more dominant than money issued by central banks in less than 30 years.
Not everyone is happy about Manny Pacquiao launching a cryptocurrency
Several celebrities have launched or backed cryptocurrencies over the past few years. However, opinions are divided about if it’s a good thing or not.
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.
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