Tag: Crypto

Earlier this month, El Salvador became the first ever country to make bitcoin legal tender, alongside the US dollar. While this may spell good news for those who trade in the cryptocurrency, is El Salvador the first of many countries to legalise bitcoin or will it be a one-off?

The World Bank has declined to help El Salvador with the integration of Bitcoin into its currency system highlighting concerns around the environment and transparency.

The government of El Salvador has passed a bill that will see Bitcoin join the US dollar as legal tender in the country.

Standard Chartered is planning to establish a UK-based cryptocurrency brokerage and exchange for clients in the UK and Europe.

The Financial Conduct Authority (FCA) has said a ‘significantly high’ amount of cryptocurrency firms are not meeting UK requirements on money laundering prevention.

US cryptocurrency company Circle has raked in $440m from a funding round.

Centrifuge, a decentralised asset finance platform, has closed a $4.3m in funding.

Cryptocurrency trading platform Quadency Trading Platform has reportedly raised a $100,000 investment.

Royale Finance has raised $1.45m in funding to help merge DeFi with the iGaming industry.

Norwegian Block Exchange (NBX) completed a NOK 60m (€5.84m) private equity placement from Pareto Securities, a leading investment bank in the Nordics.