Crypto firm Anchorage raises $80m to increase institutional adoption of digital assets
After getting federal banking charter last month, cryptocurrency banking company Anchorage raised $80m in a Series C funding round.
Three ways FinTechs are leaning into PayTech innovation
In the wake of COVID-19, research suggests FinTech companies are experiencing a strong growth spurt giving them the opportunity to innovate like never before.
Temenos, Taurus join forces to bolster digital asset access for banks
Swiss banking technology firm Temenos has partnered with digital asset platform Taurus to integrate the latter’s digital asset infrastructure into Temenos’ platform.
How payment companies struck gold among the 51 rounds raised last week
Our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.
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.
France Fintech and Binance team up for blockchain and crypto in France
France Fintech, a non-profit association whose mission is to promote Fintech excellence in France, and blockchain ecosystem and cryptocurrency exchange Binance, have launched a €100m initiative to support the development of the blockchain and cryptocurrency ecosystem in France and Europe.
India plans to unveil digital rupee in 2023
The Indian government has revealed it plans to launch a digital rupee in 2023 to deal with the growing demand for digital transactions in the country.
Visa launches initiative to help creatives benefit from NFTs
Visa has unveiled a new program aimed at helping digital-first creatives grow their small businesses through non-fungible tokens (NFTs).
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?
TRM Labs bags $70m to help stop crypto-related fraud
TRM Labs, a blockchain intelligence detecting crypto-related fraud and financial crime, has raised $70m for its Series B funding round.
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