Tag: cryptocurrencies
UK government floats plans for cryptoasset regulation
The UK government has unveiled proposals to put cryptoassets into the same regulatory regime as traditional financial services.
Crypto lending procotol Finterest scores $1.5m seed
Finterest, a crypto lending protocol built to support native Bitcoin borrowing and lending, has landed $1.5m in seed funding.
Research paper outlines legal authority for bank use of stablecoins
The Clearing House has released a research paper that analyses the legal authority and policy considerations for banks’ engagement in stablecoin-related activities.
EU passes MiCA legislation in crypto regulation breakthrough
The European Union has come one step closer to making crypto regulation a reality after it passed the Markets in Crypto Assets Regulation (MiCA) bill.
Crypto lender Moon Mortgage lands $3.5m
Moon Mortgage, a cryptocurrency lending platform, has raised $3.5m in a seed financing round headed by CoinFund and Cadenza Ventures.
Reserve Bank of Australia, DFCRC team on CBDC research project
The Reserve Bank of Australia will collaborate with the Digital Finance Cooperative Research Centre on a project exploring use cases for a CBDC in Australia.
Bank of Thailand to initiate CBDC pilot study
The Bank of Thailand has said that it is starting a pilot study of a retail central bank digital currency (CBDC).
Digital asset firm Atato snares $6m in Series A
Atato, a digital asset company, has raised $6m from a Series A funding round headed by AlphaLab Capital and FEBE Ventures.
Jupiter Exchange nets $5m seed funding
Alternative asset exchange Jupiter Exchange has closed a $5m seed funding round headed by White Hilt Capital.
Is the crypto crash a failure of regulation?
The crypto industry has been on a white-knuckle rollercoaster over the last few years. Establishing a market presence back in 2013, the price of Bitcoin rose from just over $10,000 in 2017 to over $61,000 in October 2021. However, the market is now undergoing a crash. Was a failure to regulation to blame?