Tags Cryptocurrencies

Tag: cryptocurrencies

US set to sanction crypto wallets and exchanges in ransomware crackdown

The Biden Administration is expected to begin issuing sanctions against crypto exchanges, wallets and traders used by ransomware groups to crackdown on cyberattacks.

SEC fines Poloniex $10m for operating unregistered crypto exchange

The US Securities and Exchange Commission (SEC) has slapped a $10m fine on crypto firm Poloniex for operating an unregistered cryptocurrency exchange.

FalconX bolsters unicorn status with $210m Series C

Cryptocurrency financial services platform FalconX has lifted its valuation to $3.75bn following a $210m capital raise in its Series C.

Bank of England FinTech chief underlines privacy, crime tackling benefits of...

The Bank of England (BofE) FinTech chief has said the introduction of a central bank digital currencies (CBDC) doesn’t require a trade-off between privacy and tackling financial crime.

FCA warns cryptocurrency companies are failing to meet UK AML requirements

The Financial Conduct Authority (FCA) has said a ‘significantly high’ amount of cryptocurrency firms are not meeting UK requirements on money laundering prevention.

Chinese associations call for crypto crackdown citing safety concerns

Three Chinese associations have called for a complete ban on financial institutions and payment firms providing cryptocurrency services to customers.

Huobi introduces VC subsidiary with $100m backing

Seychelles-based blockchain technology firm Huobi Group has launched a subsidiary aimed at growing its venture investment portfolio.

NatWest to block cryptocurrency payments following earlier FCA warning

UK retail bank NatWest will not accept payments in cryptocurrencies, according to the company’s head of risk Morten Friis.

WeWork expands financial flexibility through cryptocurrency collaboration

UK flexible space provider WeWork has revealed it will begin accepting payment in select cryptocurrencies after entering a partnership with BitPay and Coinbase.

Indonesian WealthTech startup Pluang snags $20m in pre-Series B round

Indonesia-based Pluang secured $20m in a pre-Series B round led by its existing investor, Openspace Ventures to develop and launch more proprietary financial offerings.

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

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