Bitcoin

Mercado Bitcoin, the largest bitcoin exchange in Brazil, raised $200m in a Series B round from the SoftBank Latin America Fund.

Investment platform eToro has unveiled a decentralised finance (DeFi) portfolio to offer investors long-term exposure to key projects in the DeFi ecosystem.

Digital assets marketplace SOMA.finance has closed a seed funding round and raised $6.5m.

The OECD has released a consultation document concerning a new global tax transparency framework to provide the reporting and exchange of information of crypto assets.

The crypto industry has been on a white-knuckle rollercoaster over the last few years. Establishing a market presence back in 2013, the price of Bitcoin rose from just over $10,000 in 2017 to over $61,000 in October 2021. However, the market is now undergoing a crash. Was a failure to regulation to blame?

The Federal Reserve Bank of New York and the Monetary Authority of Singapore (MAS) have linked to explore the use of wholesale CBDCs for cross-border payments.

Coincover, a Cardiff-based digital asset protection provider, has scored $30m in a funding round headed by Foundation Capital.

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

Cryptocurrency exchange HOLD is out of beta and has now launched its mobile app on iOS and Android across 36 countries in Europe.

One of the world’s biggest cryptocurrency exchanges might be about to introduce know your customer (KYC) procedures and people are not happy about it.