Bank of England FinTech chief underlines privacy, crime tackling benefits of CBDCs
The Bank of England (BofE) FinTech chief has said the introduction of a central bank digital currencies (CBDC) doesn’t require a trade-off between privacy and tackling financial crime.
Velas Network raises $135m to support blockchain adoption
Velas Network, which aims to boost blockchain adoption, has raised $135m in fresh funding, alongside a partnership with Bahamas-based digital asset investment firm GEM Group.
Coin Metrics bags $15m Series B to aid global expansion
Cryptoasset data and infrastructure platform Coin Metrics has raised $15m from a Series B round led by Goldman Sachs.
Deloitte backs blockchain financial inclusion startup Humaniq
Blockchain-based banking startup Humaniq has landed backing from professional services giant Deloitte. The size of the round is undisclosed.
Circle set to unveil Euro-backed stablecoin in US market
Circle Internet Financial, the issuer of the USD Coin dollar-pegged stablecoin, is set to introduce a new stablecoin backed by the single European currency.
Digital wallet Eco bags $26m in new funding round led by Andreessen Horowitz
Digital cryptocurrency platform Eco raised $26m in a funding round led by Andreessen Horowitz's a16z Crypto.
Senate banking committee to hold hearing on crypto regulation
The US' Senate Banking Committee will meet on July 30 to discuss regulations for cryptocurrency and blockchain.
Tenderly raises $15.3m to build an end-to-end Ethereum developer platform
Ethereum developer platform Tenderly closed a $15.3m Series A funding round led by Accel with additional participation from existing investors including Version One.
Can FCA’s Binance ban be the beginning of a clampdown on crypto exchanges?
Binance, one of the world’s leading cryptocurrency exchanges, has been banned from operating in the UK. This might be a sign that regulatory bodies will now put cryptocurrency exchanges under their microscope.
Coinbase snaps up digital asset manager ORDAM
Coinbase has purchased One River Digital Asset Management, a digital asset manager focused on providing clients exposure to digital assets through investment products.
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