FTX wins $1.4bn auction to snap up bankrupt Voyager
Crypto firm FTX has won the auction for the assets of Voyager Digital, a bankrupt crypto lender, for $1.42bn.
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.
Digital Currency Monetary Authority unveils its CBDC
The DCMA has launched its CBDC which it claims it strengthens the monetary sovereignty of participating central banks.
Bank of Korea set to kick-off central bank digital currency pilot
The Bank of Korea (BOK) has revealed it is planning to initiate its central bank digital currency (CBDC) pilot later this month.
Redeem raises $2.5m to support easy NFTs trading
Redeem, which leverages web3 technology to allow users to send and redeem non-fungible tokens (NFTs), has reportedly raised $2.5m in its pre-seed.
Why Jay-Z-backed Ethos and crypto-based firms aced among the 40 FinTechs raising money last...
From crypto startups raising millions despite Elon Musk pulling out of the bitcoin frenzy to subscription-based firms capitalising on the Covid-19 crisis, this is what you can learn from the 40 FinTech funding rounds of last week.
HKMA proposes bank-like regulations on stablecoins
The Hong Kong Monetary Authority (HKMA) has called for the regulation of fiat-currency backed stablecoins similar to that of banks.
Income-backed DeFi protocol Huma Finance bags $8.3M
Huma Finance, an income-backed DeFi procotol, has scored $8.3m in a seed funding round led by Race Capital and Distributed Capital.
ECB: digital euro will not be available until 2026 at least
The European Central Bank (ECB) has said EU citizens are unlikely to see a digital euro until 2026 at the earliest as the bank considers further design and distribution considerations.
SEC guidelines set to hamper banks’ crypto projects
New accounting guidance from the US Securities and Exchange Commission (SEC) has potentially hamstrung banks’ crypto projects, Finextra has claimed.
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