Multiple central banks team with BIS on CBDC exploration
Central banks in Israel, Norway and Sweden will team with the Bank of International Settlements to explore how CBDCs can be exploited for international retail and remittance payments.
Centbee bags $1m to support Bitcoin remittances
Centbee, a facilitator of digital money payments on the Bitcoin blockchain BSV, has secured $1m in its pre-Series A round.
CBI governor compared unbacked crypto to a ponzi scheme
Gabriel Makhlouf, the Governor of the Central Bank of Ireland, has compared ‘unbacked’ cryptocurrencies to ponzi schemes.
Japan’s three largest banks back bitFlyer
Three of Japan’s largest banks are now stakeholders in Tokyo-based bitcoin exchange bitFlyer following its new ¥200m ($1.7m) round.
North Korea denies UN cryptocurrency hacking allegations and compares the accusers to Hitler
Last month, a UN report claimed North Korea had hacked banks and cryptocurrency exchanges. Now, the country denies it.
The report claimed that Pyongyang’s nuclear and...
Banking FinTech solarisBank push into cryptocurrencies with the launch of subsidiary solaris Digital Assets
German tech company solarisBank has unveiled its new subsidiary solaris Digital Assets, to strengthen its grip on the digital assets market.
Mobile apps to drive the growth of crypto asset management segment to be worth...
The global crypto asset management market is estimated to grow from $400m in 2020 to $1.1bn in 2025, representing a compound annual growth rate of 23.8%.
Do these 34 FinTech funding rounds suggest Covid-19 influences investment trends?
Fraud-fighting RegTechs and digital payment providers were among the 34 rounds raised by the FinTech industry last week, areas that are becoming more important during the pandemic.
Digital wallet Eco bags $26m in new funding round led by Andreessen Horowitz
Digital cryptocurrency platform Eco raised $26m in a funding round led by Andreessen Horowitz's a16z Crypto.
Bitso reaches unicorn valuation after $250m Series C funding round
Mexico-based crypto exchange Bitso became the first LatAm unicorn after getting a valuation of $2.2bn on its $250m Series C funding round.
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