CFTC charges foreign exchange firm with fraud in a bitcoin-linked Ponzi scheme
A foreign exchange firm used its investors’ money for personal expenses such as buying a BMW, according to charges brought out against it by the Commodity Futures Trading Commission (CFTC).
BlockFi secures $30m in its Series B led by Valar Ventures
Cryptocurrency wealth management platform BlockFi has secured $30m in its Series B round which was led by Valar Ventures.
Elliptic taps Wells Fargo Strategic Capital for its $28m Series B round to fund...
Crypto-asset risk management solutions provider Elliptic is looking to expand further across the world thanks to new backing from Wells Fargo Strategic Capital, the specialised capital provider.
New UK court ruling classifies bitcoin as a legal property
Cryptocurrencies are still reasonably new, meaning that every legal aspect of it is still not 100% clear. Yet, a new case might help shed some light.
Estonia is changing its money laundering rules for cryptocurrencies
Digital currency providers have a new set of rules to comply to if they want to do business in Estonia.
The former governor of Banque de France is worried about central banks launching digital...
More than 50 central banks around the world are working on digital currency projects. However, the former head of Banque de France is sceptical.
Bank of France governor calls for central banks to issue digital currency
Central banks should be in charge of issuing digital currencies as the use of cash declines, the Bank of France's governor Francois Villeroy de Galhau said.
Group of central banks investigating whether the time is right to launch digital currencies...
With everyone from Facebook to singer Akon launching cryptocurrencies, it is hardly surprising that central banks are also looking into leveraging the technology.
Banxa bags $2m in its Series A led by NGC Ventures
Australian fiat-to-crypto solution Banxa has collected $2m in its Series A which was led by NGC Ventures.
Akon finalises agreement to create his cryptocurrency-powered Akon City in Senegal – a “real-life...
Singer Akon is one of the many celebrities to have dabbled in cryptocurrencies. However, he is probably the only one to use it to...
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No, the ECB won’t change its monetary policies because of the coronavirus
A top European Central Bank (ECB) executive has shot down the idea that there is a need to take monetary policy actions because of the coronavirus.
Barclays executives cleared of fraud charges
Three former Barclays executives accused of misconduct during the 2008 financial crises have been acquitted of funnelling £322m in secret fees to Qatar in return for rescue financing during the credit crisis.
The European Central Bank seeks advice on new payments statistics regulation
The European Central Bank (ECB) has issued a public consultation regarding its new regulation on payments statistics.
The number of FinTech deals under $1m in Sweden has more than halved since...
The Swedish FinTech market has shown signs of maturity between 2015 and 2019, most noticeably in the decreased frequency of deals valued under $1m...
Pakistan hopes to soon be out of FATF’s grey list
Pakistan is hoping to be removed from the Financial Action Task Force’s (FATF) grey list soon after it improved its foreign and internal policies.