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Citi’s digital asset co-heads resign with plans to create crypto startup
12.3.2022
This move follows various other banking veterans making the change from Wall Street to crypto ventures
African Crypto Startup, Basqet Launches Payment Gateway to Enable Businesses Accept Bitcoin – Goes Live With 118 Businesses and $1.3 Million in Transaction Volume
10.3.2022
PRESS RELEASE. Recently, blockchain payments startup Basqet announced the launch of its cryptocurrency payments gateway which will allow businesses to accept Bitcoin and other cryptocurrencies as payment. Basqet said it is launching a public beta and will be going live with 118 businesses already...
New York Judge Orders Terraform Labs to Comply With SEC’s Investigative Subpoenas
21.2.2022
A recent court filing stemming from the Southern District of New York shows that a U.S. district judge has ordered the crypto startup Terraform Labs to comply with the Securities and Exchange Commission’s (SEC) subpoenas. During the second week of November 2021, the U.S. regulator filed...
Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition
14.1.2022
The Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with services and solutions for digital financial assets. Tinkoff Bank Buys Stake in Aximetria TCS Group...
African Startup Raises $6 Million From Pre-Series A Funding Round
18.12.2021
Africa Blockchain Lab recently said it has raised $6 million from a pre-Series A investment round and will use the capital to fund the launch of a crypto wallet. Driving Adoption of Cryptocurrencies An African crypto startup, Africa Blockchain Lab, recently confirmed it has received $6 million from...
Crypto startup MoonPay raises $555M to hit $3.4B valuation
22.11.2021
Launched in 2019, MoonPay says it has processed more than $2 billion in transactions and hit 7 million users so far
Nigerian Judge Rules in Favor of Accused Crypto Startup, Accounts to Be Reopened
27.10.2021
A Nigerian Federal Court judge recently ruled that the two frozen bank accounts belonging to Rise Vest Technologies, which is accused of trading cryptocurrencies, must be reopened. CBN’s Bank Account Freeze Order Dismissed In a ruling that overturns the Central Bank of Nigeria (CBN)’s...
UK FCA grants registration to crypto startup Crypterium
26.10.2021
Crypterium’s cryptocurrency wallet application is available in more than 170 countries, the company says
Jihan Wu’s Matrixport Raises $100 Million — Singapore Startup Joins Growing List of Crypto Unicorns
2.8.2021
Matrixport, the digital currency financial services company co-founded by the former Bitmain CEO Jihan Wu, has revealed the company has raised $100 million in a Series C financing round. The funding has propelled Matrixport’s valuation to unicorn status as the firm now has a valuation of over...
CoinFund debuts $83M crypto startup fund
20.7.2021
“Blockchain-based networks will be distributed to billions of people globally through digital wallets,” said CoinFund CIO Alex Felix. “We’ve consistently positioned early in three core areas: verticals with early traction, the technology innovations that come next and the infrastructure on which...
Visa to Approve Cryptocurrency Card by Australian Startup
15.7.2021
Visa is reportedly set to approve Australian crypto startup Cryptospend’s issuance of debit cards for spending bitcoin and several other cryptocurrencies. “We have a lot of demand for the card,” the company claims. Global card giant Visa is expected to announce later this week...
Bullish Cryptocurrency Exchange Prepares to Launch and Go Public on NYSE
10.7.2021
Crypto startup Bullish has announced its plan to go public on the NYSE as it gets ready to launch a cryptocurrency exchange. The Bullish exchange aims to be a “revolutionary, regulated cryptocurrency exchange that offers deep, predictable liquidity for investors to generate yield from their...
Xapo co-founder gets regulators' green light for new crypto startup
2.7.2021
Licechtenstein's Financial Market Authority has approved a new startup called Lirium, which was founded by a Xapo co-founder and aims to streamline the integration of crypto services by banks and fintechs
Liberian Central Bank Asks Local Crypto Startup to Drop its Plan to Launch a Digital Asset
15.5.2021
The Central Bank of Liberia (CBL) has warned against a local crypto startup’s plan to proceed with the introduction of a digital financial product without adhering to the required regulation. According to the CBL, this act will not only be illegal but this will likely “undermine...
Nuvei eyeing $250M acquisition of crypto startup Simplex
6.5.2021
Simplex is a fiat-to-crypto onramp that has scored several high-profile partnerships in recent months
State Street Collaborates With Pure Digital to Launch Cryptocurrency Trading Platform
8.4.2021
State Street, one of the largest asset management firms, is collaborating with crypto startup Pure Digital to set up a cryptocurrency trading platform. “Pure Digital will be a fully automated, high throughput OTC market for digital assets and cryptocurrencies with physical delivery and bank...
Fireblocks crypto startup raises $133M in funding round with BNY Mellon
18.3.2021
BNY Mellon, the oldest bank in the United States, continues to aggressively invest in the digital asset industry
Private Blockchain Project Funding Accelerates as Companies Race to Address New Needs
9.3.2021
Blockchain operations are increasingly embracing more traditional financing from big-name venture funds to leverage these strategic stakeholders’ benefits instead of crowdfunding avenues popularized during the last blockchain hype wave. Funding Roundup: Concordium, StakeWise, and Automata...
Crypto Startup Metal Pay Files for National Bank Charter
4.2.2021
Metal Pay's "First Blockchain Bank and Trust" would be FDIC-insured, CEO Marshall Hayner told CoinDesk
Crypto startup Amber Group raises $530 million AUM as institutions, retail arrive
19.1.2021
The crypto-finance company reported a 275% annual increase in assets under management in 2020