Tag: Cryptocurrency

A Bank of England (BofE) paper has highlighted that stablecoins used as money should be expected to face the same regulatory standards as those attached to bank deposits.

Standard Chartered is planning to establish a UK-based cryptocurrency brokerage and exchange for clients in the UK and Europe.

Bitcoin-focused financial services platform Unchained Capital has closed its Series A round on $25m.

US cryptocurrency company Circle has raked in $440m from a funding round.

Set Labs, which enables clients to build and manage cryptocurrency portfolios, has collected $14m in its Series A round.

Ledn, a lending platform for digital assets, has followed up its recent funding round with the close of its Series A on $30m.

Cryptocurrencies.AI, a crypto trading platform, has reportedly netted $8m in a funding round.

While the value of cryptocurrencies continued to grow astronomically, it came crashing down to earth after Tesla’s sudden u-turn from using bitcoin as payment. However, experts think this will hardly undermine its potential as mainstream investments and payment means.

Cryptocurrency platform CoinBurp has scored over $2m in its seed round, which was co-led by Moonrock Capital and Alphabit Capital.

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