Breadwallet ends $30m ICO months after funding round

Cryptocurrency wallet Breadwallet has closed its ICO on $32m, hitting its target during the eight-day sale.

BnkToTheFuture closes ICO on $33m

Online investment platform BnkToTheFuture has closed its ICO on $33m, with the public sale closing on its $3m hard cap within 2 minutes 17 seconds.

MobileCoin receives $30m in funding led by Binance

MobileCoin, a cryptocurrency designed to support private payments, has received $30m in funding denominated in Ethereum and Bitcoin.

Lumina secures $4m in its seed round

Lumina, a digital assets prime dealer and financial platform, has secured $4m in its seed round.

FinCEN releases guidance around virtual currency businesses

The US’ Financial Crimes Enforcement Network (FinCEN) has issued guidance around regulatory requirements of virtual currencies.

The way cryptocurrency exchanges are regulated in South Korea is about to change in...

South Korea’s Financial Services commission has announced plans to change how it regulates the country’s cryptocurrency exchanges.

Nevada regulators are trying to reel in unlicensed cryptocurrency ATMs

The US state Nevada has seen a rise of cryptocurrency ATMs. Now, the Nevada Financial Institutions Division (NFID) has decided how to regulate them.

The FCA ramps up investigations into cryptocurrency companies by 74%

The top UK financial services watchdog is putting the screws on cryptocurrency companies and has increased the number of businesses under investigation by 74% in the past year.

Cyclebit receives strategic investment from NEM Ventures

Cyclebit, helping retailers accept cryptocurrencies, has received a strategic investment from NEM Ventures.

Bakkt collects $300m as it looks to summer launch for mobile app

Bakkt a financial management app for digital currencies, has collected $300m in a capital injection as it positions itself for a summer launch for its mobile app.

News Stories

Mobile wallet market expected to be worth $7.58trn by 2027

The mobile wallet market size was valued at $1.04trn in 2019 and is projected to reach $7.58trn by 2027, growing at a compound annual growth rate of of 28.2% from 2020 to 2027, according to new research.

For Good Causes expands its charitable efforts beyond the loyalty sector

UK FinTech company For Good Causes is expanding beyond the loyalty sector, having already enabled consumers to donate their loyalty points, cash back and air miles to over 20,000 charities.

German prosecutors have arrested the chief executive of Wirecard’s Dubai unit Cardsystems

The highly publicised collapse of Wirecard has taken another turn with German prosecutors having arrested the head of the company's Dubai-based subsidiary.

Why the founders behind Monument think there’s still room for another UK neobank

Challenger bank Monument has revealed that it is in the later stages of an application process to get a UK banking licence in order to launch a service for affluent clients.

Italian digital banking project raise €45m as the nation is still dealing with Covid-19

Italian banking executives have raised €45m ($50.9m) in a bid to launch a digital bank in a country still dealing with the coronavirus fallout.