Cryptocurrency tax and accounting automation firm TaxBit raised $100m in a Series A funding round led by crypto investment fund Paradigm and Tiger Global.
Berlin-based digital asset custody and financial services platform for institutional investors and corporations Finoa closed a $22m Series A funding round.
Three Chinese associations have called for a complete ban on financial institutions and payment firms providing cryptocurrency services to customers.
The World Bank has declined to help El Salvador with the integration of Bitcoin into its currency system highlighting concerns around the environment and transparency.
Cryptocurrency financial services platform FalconX has lifted its valuation to $3.75bn following a $210m capital raise in its Series C.
The Central Bank of Sri Lanka (CBSL) has introduced LANKAQR, a new digital payment solution focused on reducing cash reliance and bolstering financial inclusion.
Philippines-based Coins.ph has raised $5m in a Series A round to bring financial inclusion through blockchain technology. The funding was led by Quona Capital’s Accion Frontier Inclusion Fund.
SparkLabs Group has launched a $100m vehicle focused on blockchain and cryptocurrency companies.
IZNES, a blockchain record-keeping platform for EU mutual funds has secured an undisclosed strategic investment.
SOMA, a blockchain solution to facilitate trade and social interactions, has received an initial investment from Business Finland.