UK consortium to initiate CBDC pilot scheme
A UK consortium of private sector firms will begin a year-long pilot scheme to test cross-border payments and provide recommendations to the Bank of England.
WeWork expands financial flexibility through cryptocurrency collaboration
UK flexible space provider WeWork has revealed it will begin accepting payment in select cryptocurrencies after entering a partnership with BitPay and Coinbase.
Investment platform Change unveils crypto investor card
Change, an investment platform, has introduced a new investor card that enables users to make fast crypto payments for everything.
Crypto PayTech MoonPay secures $555m in highly subscribed Series A
MoonPay, a company that builds payment infrastructure for cryptocurrencies, has closed a Series A financing raise on $555m.
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.
Unchained Capital closes $2.995m seed round
Crypto-finance company Unchained Capital has closed a $2.995m seed financing round.
Digital pound could launch in the next decade, UK Treasury claims
A recent consultation by the UK Treasury has revealed that plans for a digital UK currency are being considered and could be realised within a decade.
The US congress is gearing up to vote on new cryptocurrency bill
The House of Representatives is looking to vote on legislation about how the Commodity Futures Trading Commission (CFTC) should regulate crypto asse
Why SEBA Bank will raise its Series B with digital tokens
Swiss financial institution SEBA Bank will be issuing its Series B equity to its shareholders as blockchain security tokens.
PayPal has officially become the first backer to pull out of Facebook’s Libra project
Facebook’s cryptocurrency project has lost one of its partners, but more may leave soon.