FTX wins $1.4bn auction to snap up bankrupt Voyager
Crypto firm FTX has won the auction for the assets of Voyager Digital, a bankrupt crypto lender, for $1.42bn.
IMF calls for regulation of the cryptoasset ecosystem
The International Monetary Fund (IMF) has called for the greater regulation of the cryptoasset market.
Crypto firm Nilos lands €5.2m
Nilos has bagged €5.2m from a financing round to offer what it claims is a ‘first-of-its-kind’ platform that unifies crypto and fiat treasuries for businesses.
White House establishes framework for digital assets
The White House has launched a framework for the development of digital assets, which is the first of its kind in the US.
SEC guidelines set to hamper banks’ crypto projects
New accounting guidance from the US Securities and Exchange Commission (SEC) has potentially hamstrung banks’ crypto projects, Finextra has claimed.
Asset tokenisation to rocket to $16trn business value by 2030
A report by BCG and ADDX has forecasted that asset tokenisation will be a $16.1trn business opportunity by 2030.
Inswitch, Binance Pay link to boost LatAm crypto payment uptake
Embedded financial technology firm Inswitch has partnered with crypto payment technology company Binance Pay to expand the latter’s offering in Latin America.
NFT transactions to climb to 40 million by 2027
A study from Juniper Research has found that the global number of NFT transactions will climb from 24 million in 2022 to 40 million by 2027.
Galoy lands $4m for bitcoin-native banking
Galoy, which develops bitcoin-native banking software, has raised $4m in funding to further its open source core bitcoin banking platform.
Bank of Thailand to initiate CBDC pilot study
The Bank of Thailand has said that it is starting a pilot study of a retail central bank digital currency (CBDC).
