Global
Celsius Network Pulls $400M in Funding Despite Regulatory Concerns
United States based popular cryptocurrency lender Celsius Network has reportedly raised $400 million from investors despite growing regulatory concerns. As reported by the Financial Times, ...
Global
Russia doesn’t plan to follow in China’s footsteps by banning crypto outright, says deputy finance minister
Crypto payments in the country are currently banned, but Russians have been allowed to purchase and trade digital assets like Bitcoin. While Russia ...
Global
Standard Chartered concludes global media pitch with 5-year contract
Standard Chartered has handed incumbent dentsu International its global media remit to handle media planning, buying and strategy beating out Omnicom Media Group. ...
Global
RegTech Firm Elliptic Using $60M Fundraise To Accelerate Adoption of Crypto
Elliptic, a leading firm in the RegTech space, has announced that its Series C funding round raised $60 million from existing investors, such as Wells ...
Global
IMF Warns Stablecoins Could Pose ‘Contagion Risk’ to Global Financial System
A new report by the International Monetary Fund argues for regulations that ensure investors know how stablecoins are backed. In its 2021 Global Financial ...
Global
EBA Clearing, Swift and TCH test instant cross-border payments
Banks from both sides of the Atlantic have successfully exchanged real-time cross-border payment messages as part of a proof-of-concept trial conducted with Swift, ...
Global
Bank of England Issues Warning to Financial Institutions Thinking of Adopting Crypto
The Financial Policy Committee (FPC) of the Bank of England has issued a warning to financial institutions considering jumping into the crypto markets. ...
Global
Court Ruling Threatens 17 Crypto Exchanges in Russia
Another batch of Russian online crypto exchanges in Russia face closure following a recent decision by a regional court. Information published on their ...
Global
G7 Nations Set to Release Guidelines For CBDC Issuance
The G7 council consisting of seven industrialized nations is set to issue guiding principles for issuance of Central Bank Digital Currencies (CBDC). The G7 council ...
Global
Latvian authorities adopt a new reporting system for suspicious transactions and threshold declarations
Latvian Office for Prevention of Laundering of Proceeds Derived from Criminal Activity (FID) has commenced the adoption an internationally recognized goAML software, which ...
