Thailand’s Bank of Ayudhya, where MUFG holds a 76.9% stake, has participated in a $41 million raise for Asia-Pacific-focused crypto trading platform Zipmex.
Standard Chartered launches blockchain trade platorm with Chinese fintech
The joint venture operating the new blockchain-powered platform will be headquartered in Singapore and led by SC Ventures’ Amelia Ng as CEO.
Canadian Bitcoin miner Blockstream joins crypto unicorns with $3.2B valuation
Blockstream has secured $210 million in fresh investment from a U.K. private equity firm and crypto exchange Bitfinex’s operator.
Crypto ‘not protected by law,’ rules provincial high court in China
A provincial high court ruling in China has set a potential precedent by declining to protect a plaintiff’s $10,000 worth of lost crypto tokens.
Swedish gov’t pays out $1.5M in Bitcoin to convicted drug dealer
The Swedish prosecutor had argued in court that the man should be stripped of his illicitly-earned Bitcoin at the equivalent value in fiat currency at the time of his conviction.
Analysts warn of ‘acute’ Q3 slowdown in Robinhood’s DOGE-reliant growth
Wolfe Research has told investors to consider the “outsized contribution” Dogecoin trading has made to Robinhood’s recent growth.
Wells Fargo files for Bitcoin fund
Wells Fargo is offering its wealthy clients indirect exposure to Bitcoin through a new fund issued in partnership with NYDIG and FS Investments.
Thailand’s central bank outlines safeguards for a future retail CBDC
The results of a new study from the Bank of Thailand point to three key considerations for making sure a retail central bank digital currency doesn’t adversely impact financial stability.
People’s Bank of China in Shenzhen ‘cleans up’ illegal crypto firms
The Shenzhen branch of the People’s Bank of China launched a special “rectification” program against illegal crypto-related activities, beginning with a crackdown on 11 emerging companies.
Thiel’s Valar Ventures leads 3rd raise for Bitpanda, at $4.1B valuation
Vienna-based Bitpanda’s valuation has shot up to $4.1 billion, three times its value during the crypto broker’s last private funding round in March.
Walmart seeks crypto product lead to drive digital currency strategy
Walmart’s future digital currency and crypto product lead would be based in the company’s home office in Bentonville, Arkansas.
Ethereum alone not enough to disrupt Big Tech: Jack Dorsey
Twitter CEO Jack Dorsey is doubling down on his Ether skepticism by downplaying the network’s potential to shake up the world of the social media giants.
Tokenized real estate market could hit $1.4T despite a slow start, report claims
London-born advisory and accountancy network Moore Global has published a new report gathering expert opinions worldwide about the future of the tokenized real estate market.
Soccer star Messi’s latest contract reportedly includes crypto fan tokens
The financial package for Argentine soccer star Lionel Messi’s much-anticipated move to Paris Saint-Germain includes payment in crypto fan tokens, sources claim.
Israel’s Mossad spy agency is seeking to hire a crypto expert
The job listing outlines that the intelligence agency is seeking someone with in-depth understanding of the world of fintech and digital currencies.
Blockchain Australia says gov’t still dismissing industry as a ‘wild west’
The industry body has accused the government of leaning into narratives about malicious actors and scams, rather than engaging with the blockchain space to establish fit-for-purpose regulation.
Digital asset platform Zipmex partners with Visa in Asia Pacific
Visa is continuing to extend its integration with regulated crypto companies worldwide.
Bitcoin mining ban in China a ‘game changer’ for electric vehicle adoption
Guizhou province is the first in China to announce an ambitious electric vehicle campaign, taking advantage of the power capacity freed up by Beijing’s Bitcoin mining ban.
French fund manager launches EU-regulated ETF that tracks Bitcoin price
France’s securities regulator approves: The Bitcoin-tracking fund fully complies with the European Union’s UCITS standards.
Echoing GameStop saga, retail traders fuel Robinhood stock price hike
After a decidedly lackluster IPO debut last week, Robinhood shares have been wildly volatile in recent days, at one point skyrocketing by as much as 81% on the day.