Cabital pockets $4m in seed round to further strengthen its crypto offering
Singapore-based digital assets institution Cabital raised $4m in seed funding led by SIG, Dragonfly, and GSR, pushing the company’s valuation to $40m.
UK financial watchdog issues fresh warnings on crypto risks after Kimmie K’s Insta post
UK watchdog Financial Conduct Authority (FCA) has fired a warning shot at the cryptocurrency industry, signalling it could soon come under greater regulatory scrutiny.
MAS lists the 15 finalists for its Central Bank Digital Currency solution challenge
The Monetary Authority of Singapore (MAS) has named the 15 finalists for its competition to create Central Bank Digital Currency (CBDC) solutions.
Paradigm leads $8m Series A into DeFi lending company Euler
UK-based DeFi lending protocol organisation Euler raised $8m in Series A funding led by Paradigm.
Thailand’s central bank unveils plans for digital currency pilot in 2022
The Bank of Thailand (BOT) has revealed it intends to begin a retail central bank digital currency (CBDC) pilot study in the second quarter of 2022.
Blockchain developer Blockstream hits $3.2bn valuation after Series B close
Blockstream, a developer of blockchain and bitcoin technology solutions, has reached a $3.2bn valuation following the close of its Series B.
UK seen as an attractive market for cryptoasset exposure, Nickel survey finds
A survey by Nickel Digital Asset Management has found the UK has become one of the most appealing markets for hedge fund managers that focus on crypto and digital assets.
Taiwan’s XREX snaps up $17m in fresh funding to expand its fiat currency portfolio
Taiwanese blockchain TradeTech firm XREX has closed a $17m funding round led by investment firm CDIB Capital Group and several big-name investors.
FinTech Collective closes pair of funds on $250m
Venture Capital firm FinTech Collective has closed a pair of funds, which have a combined value of $250m and will invest into FinTechs around the world.
PayPal to allow UK users buy, hold and sell cryptocurrencies
PayPal’s UK customers can buy, sell, and hold Bitcoin, Ethereum, Bitcoin Cash and Litecoin.
