The FCA bans the sale of certain cryptocurrencies like bitcoin
The Financial Conduct Authority (FCA) has banned the sale of derivatives and exchange traded notes that reference certain types of cryptocurrencies like bicoin, ripple and ether to retail consumers.
Crypto wallet Blockchain.com scores $120m in new VC round
London-based cryptocurrency wallet and exchange operator Blockchain.com has raised $120m in new venture capital funding round, taking its total funding amount to $190m since its launch in 2012.
Babel Finance banks $40m to take on the global crypto market
Hong Kong-based crypto lender and asset manager Babel Finance secured $40m in funding from investors including Zoo Capital, Sequoia Capital China and Dragonfly Capital.
FCA issues warning on cryptoassets being risky investment as ownership increases
UK's Financial Conduct Authority (FCA) found that while people are increasingly investing in cryptoassets and no longer think of it as a gamble, they should be "prepared to lose all their money."
Taiwan’s XREX snaps up $17m in fresh funding to expand its fiat currency portfolio
Taiwanese blockchain TradeTech firm XREX has closed a $17m funding round led by investment firm CDIB Capital Group and several big-name investors.
Why PayPal may be next to enter the stablecoin market
PayPal has confirmed it is looking into developing PayPal Coin, a dollar-backed stablecoin as it looks to expand its footprint in the cryptocurrency space.
EU regulatory trio offers warning on crypto assets risk
The European Supervisory Authorities have sent out a warning to consumers that many crypto assets are ‘highly risky and speculative’.
Soramitsu to undertake CBDC studies with Vietnam and the Philippines
Japanese blockchain firm Soramitsu will undertake feasibility studies for central bank digital currencies (CBDC) with both Vietnam and the Philippines.
FSB proposes framework for international cryptoasset regulation
The Financial Stability Board (FSB) has published a proposed framework for the international regulation of crypto-asset activities.
Jumbo bags $3.5m funding
Jumbo, a provider of a decentralised exchange built on the NEAR Protocol, has picked up $3.5m in funding.
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