Pundi X launches new services ahead of ICO, product distribution

Indonesia-based Pundi X has launched three new solutions for its cryptocurrency point-of-sale solution.

EU says it is ready to regulate cryptocurrencies

The European Union has warned that it will regulate cryptocurrencies if an effort is not made to tackle risk.

Cobo Wallet raises pre-Series A round from group of Chinese VC firms

Cobo Wallet, a multi-asset blockchain wallet, has raised an undisclosed pre-Series A funding round from a group of Chinese venture capital firms.

Dragonfly Capital launches $100 crypto-focused fund

Newly launched venture capital firm Dragonfly Capital Partners has released its debut crypto-focused fund, with a $100m capital pool.

Tokeny receives €5m in funding from European stock exchange Euronext

Tokeny Solutions, a compliant tokenisation platform, has received a €5m investment from pan-European exchange Euronext.

Bitfarms collects initial $5m in lending agreement with Dominion Capital

Bitfarms, a cryptocurrency mining platform, has collected $5m in a loan agreement with DC BFL SPV, an affiliate of investment firm Dominion Capital.

Maduro asks expat Venezuelans to send money via the state-run cryptocurrency

The Venezuelan government is urging its countrymen abroad to send money back to the nation via the Petro, the country’s state-run cryptocurrency.

Financial Stability Board reportedly assessing stablecoin risks

The Financial Stability Board (FSB) is reportedly investigating the potential risk and challenges presented by stablecoins.

France looks towards use of digital currency and blockchain services

France is exploring the use of digital currency and distributed ledger technology (DLT) to help create new opportunities for the financial market.

African crypto exchange SAFCOIN launches zero-fee bitcoin trading pair just after investment in the...

Bitcoin traders in Africa can now trade South African rand and American dollars on SAFCOIN, the cryptocurrency exchange, without paying any transaction fees.

News Stories

What wealth managers should look for when digitising client relationship management

Digitalisation of client relationship management is now a critical part of wealth management and firms need to automate admin tasks to foster engagement, according to WealthObjects CEO and founder Uday Bhaskar Nimmakayala.

Payments platform PPRO reaches unicorn status after funding round

Local payments platform-as-a-service PPRO has hit the unicorn status, after a $180m funding round puts its valuation to more than $1bn.

Australian FinTech funding set a new record despite deal activity plummeting amid extended lockdowns

Australian FinTech achieved another record year, but medium-sized businesses found it harder to attract investors as Covid-19 swept across the nation.

Accounting platform Trovata collects $20m in its Series A funding round

Open banking platform Trovata has reportedly collected $20m in its Series A funding round, which was led by Wells Fargo Strategic Capital.

Don’t forget to update your permissions warns the FCA

The UK's top financial watchdog has warned firms to not forget to regularly reviewer regulatory permissions or risk having their licence to operate cancelled.
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