Central African Republic joins El Savador in making Bitcoin legal tender
The Central African Republic has become the second country globally to adopt Bitcoin as an official currency following El Salvador’s introduction last year.
How is cryptocurrency changing money laundering?
The cryptocurrency market is booming. With new technologies and new products launching on the market, the industry is seemingly going from strength to strength. With new technologies, however, come new challenges. How is the industry changing money laundering?
Blockchain payments network CoreChain secures $4.2m seed
CoreChain Technologies, a company that claims to be the first digital B2B payments network built on blockchain, has snared $4.2m in seed financing.
Aura Network nabs $2.5m for its NFT platform
Aura Network, an NFT dedicated layer-1 blockchain based on Cosmos ecosystem, has raised $2.5m in its seed funding round.
UK sets out plans to become global cryptoasset technology hub
The UK government has unveiled its plans to make the country a global centre for cryptoasset technology.
Metaverse economy could reach $13trn valuation by 2030
A report by Citi has predicted that the fledgling Metaverse economy could be worth $13trn by 2030.
FCA enables small number of crypto firms to trade after registration deadline
The Financial Conduct Authority (FCA) has allowed a number of cryptocurrency companies to continue trade past a licensing deadline as it continues to assess applications.
EU Parliament votes to introduce KYC on private crypto wallets
The European Parliament has voted to introduce new regulatory measures that would essentially restrict cryptocurrency transactions by anonymous accounts.
Blockchain consortium RiskStream to work with B3i Services for parametric home insurance
The Institutes RiskStream Collaborative, the risk management and insurance industry’s blockchain consortium, has partnered with B3i Services AG, to explore automation in home insurance.
IMA launches metaverse’s first insurance research facility
IMA Financial Group has launched IMA Web3Labs, the metaverse’s first insurance and risk management research and development facility.
