Tag: Cryptocurrency

The Bank of Russia has revealed that it has enlisted 13 banks for the pilot testing of a digital ruble involving real-world transactions. 

In a recent post by RegTech firm Eventus, the company outlined what it believes matters most for regulators in the crypto market. 

DeFi startup Ethena has successfully raised $6 million in a seed funding round, as it aims to revolutionize bond trading on the blockchain.

In the late 17th century, Edward Lloyd set up his famous coffee house in London's Tower Street, laying the groundwork for modern insurance. Fast forward almost 350 years and insurance, now a $6tn industry, has evolved drastically. However, specialty insurers today grapple with unprecedented challenges. This article will delve into these emerging issues and technological advancements driving industry transformation.

Bitpanda, a European-based FinTech platform, has divided into two separate entities and has raised $33m in funding.

Metatime, a prominent blockchain technology company, has successfully secured a total investment of $25 million.

Breach, an up-and-coming InsurTech enterprise dedicated to devising insurance technology and products for the burgeoning cryptocurrency market, is riding high on the wave of success following its latest developments.

Bit2Me, a Spanish digital asset company registered with the Bank of Spain, recently announced a closing investment of €14 million.

As cryptocurrencies become increasingly popular, the risk of scams targeting investors has grown. In response, Commonwealth Bank (CBA) has launched new safety measures aimed at safeguarding its customers. The bank will now impose restrictions, delays, and limits on certain payments to cryptocurrency exchanges.

Meanwhile, a unique life insurer that operates solely in cryptocurrency, has announced that it has raised around $19m across two seed funding rounds.