Other Cryptocurrencies

Coinbase Financial Markets, Inc. has achieved a significant milestone by receiving regulatory clearance from the National Futures Association (NFA), a CFTC-designated self-regulatory body. This approval allows them to function as a Futures Commission Merchant (FCM) and extend their crypto futures offering to eligible US customers via their platforms.

Digital payment pioneer, Wirex, has forged a partnership with Sumsub, a leading global full-cycle verification platform. This collaboration aims to fortify Wirex's stance in the domain of virtual asset compliance and transaction monitoring.

Xverse, a Bitcoin Web3 wallet, including NFTs through a method called Ordinals, has secured significant backing in its latest seed round.

Ledgible, a leader in digital asset tax, accounting, and data platform for enterprises, has joined hands with DigiShares, a pioneering white-label platform for tokenized digital assets.

The Office of the Superintendent of Financial Institutions (OSFI) is taking strides to adapt to the rapidly changing digital asset landscape. Reflecting the shifting risk environment and emerging global patterns, OSFI is introducing modifications to its capital and liquidity guidelines for crypto-assets.

Evertas, a digital asset insurance provider, has announced the acquisition of Bitsure, a pioneering insurer for crypto mining operations.

CoinFund, a cryptonative investment firm, has triumphantly closed a $158m funding round for its CoinFund Seed IV Fund LP.

DeFi startup Ethena has successfully raised $6 million in a seed funding round, as it aims to revolutionize bond trading on the blockchain.

Blocktrade, a trailblazing platform that blends blockchain technology with gamification principles to deliver an enthralling digital asset trading experience, has announced securing a financial commitment of $10m.

The European Securities and Markets Authority (ESMA), the top regulator and supervisor of the European Union’s (EU) financial markets, has issued its inaugural consultation package under the framework of the Markets in Crypto-Assets Regulation. Stakeholders are invited to share their views until 20 September 2023.