Tag: Cryptocurrency

Dubbed the Crypto Winter, the cryptocurrency market has gone through a tough period with companies collapsing, major fines and token prices dropping. However, players in the industry are confident spring is coming.

Aura Network, a company claiming to be building the internet of NFTs, has raised $4m in a round led by investors Hashed and Coin98.  

Despite the rising usage of cryptocurrency, regulations are still quite bare and confusing. Principal to this is crypto tax reporting, which some countries are setting rules for, before even clarifying taxation laws.

Four senior US officials in the White House have called on the US Congress to ‘step up its efforts’ in regulating the cryptocurrency market.

Anatoly Legkodymov, founder and majority owner of cryptocurrency exchange Bitzlato, has been charged for alleged illicit money transmitting.

Genesis Global Holdco (GGH), the parent company of struggling crypto brokerage Genesis, has filed for bankruptcy protection.

Cryptocurrency brokerage Genesis reportedly owes creditors over $3bn, which is prompting its owner, Digital Currency Group (DCG), to sell assets in its venture portfolio to raise money.

Five associations have formed an alliance to help guide the UK’s digital currency future, through better policies, practice and regulation.

Cryptiony, a cryptocurrency tax automation platform, has reportedly secured €500,000 in pre-seed funding, supporting its launch in the UK.

Yellow Card Financial has launched its new payment features across Africa, allowing users to send and receive money through its crypto exchange platform.