Bitso secures $62m funding round
Mexican crypto exchange Bitso has collected a massive $62m investment in a round led by QED Investors and Kaszek Ventures.
TaxBit raises $100m to scale its cryptocurrency taxation software
Cryptocurrency tax and accounting automation firm TaxBit raised $100m in a Series A funding round led by crypto investment fund Paradigm and Tiger Global.
Digital asset platform Finoa banks $22m in a Series A round
Berlin-based digital asset custody and financial services platform for institutional investors and corporations Finoa closed a $22m Series A funding round.
Chinese associations call for crypto crackdown citing safety concerns
Three Chinese associations have called for a complete ban on financial institutions and payment firms providing cryptocurrency services to customers.
World Bank rebuffs El Salvador with Bitcoin currency integration
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.
FalconX bolsters unicorn status with $210m Series C
Cryptocurrency financial services platform FalconX has lifted its valuation to $3.75bn following a $210m capital raise in its Series C.
Financial inclusion on the mind of Sri Lanka with payment solution launch
The Central Bank of Sri Lanka (CBSL) has introduced LANKAQR, a new digital payment solution focused on reducing cash reliance and bolstering financial inclusion.
Digital asset management software Qredo hits $460m valuation
Qredo, a developer of digital asset management infrastructure, has closed its Series A on $80m, which puts its valuation at $460m.
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.
Crypso pulls in $3m seed funding
Crypso, a community-led investing platform for crypto, has raised $3m in a seed financing round headed by Hashed Emergent.