Funding will go toward three main areas including hiring, marketing as well as business and product development.
Coinbase Enters Japanese Market After Completing Registration With Financial Watchdog
The move paves the way for Coinbase to begin offering five major cryptocurrencies including bitcoin and ether.
DBS Launches Bank-Backed Crypto Trust Service in Asia First
The bank becomes the first in Asia to offer crypto trust services providing custody and trading.
Crypto Firm Uphold Gets US OK to Buy Broker-Dealer JNK Securities
Uphold is set to become one of the first cryptocurrency businesses in the U.S. to offer securities on an omnibus basis to retail investors, the company said.
Aussie Beer Can Now Be Exchanged for Excess Solar in New Program Involving Blockchain
The program has been developed in partnership with Victoria Bitter, retailer Diamond Energy and blockchain startup Power Ledger.
BitClout’s Alleged Leader Hit With Cease-and-Desist by Prominent Crypto Law Firm
The legal letter is the latest twist in the controversial project’s short history.
Kentucky Lawmakers Approve House Bill Providing Tax Break for Crypto Miners
The bill, aimed to encourage the crypto mining industry in the state, now goes to the upper house for review.
New Jersey Crime Watchdog Says Crypto ATMs Need More Regulation
State regulation of crypto ATMs is poor and federal laws aren’t much better, the commission said in a report.
Chinese Retailer Goes From Bubble Tea to Crypto Mining in Unlikely Pivot
Urban Tea has hired two new executives ahead of its expansion into cryptocurrency mining.
Robinhood to Allow Deposits, Withdrawals for Cryptos Including Dogecoin
Currently, users of the popular trading app can only buy and sell cryptocurrencies within their Robinhood accounts.
Coinbase Hires Former Stripe Exec as Chief Compliance Officer
Melissa Strait will take charge of Coinbase’s compliance initiatives ahead of its planned public listing.
World’s Oldest Central Bank Extends Digital Currency Test Till 2022
Sweden’s Riksbank said it would continue work with Accenture on a potential e-krona digital currency until next year.
Head of St Louis Fed Says Bitcoin Not a Challenge to US Dollar’s Global Dominance
James Bullard also likened bitcoin to gold as a safe-haven asset.
Cloudflare Teams With Unstoppable Domains to Bring .Crypto Addresses to Web Browsers
The new integration means web users can directly access decentralized websites form any browser.
Australia’s Blockchain Ecosystem Needs More Support From Regulators, Says Industry Body
Blockchain Australia CEO Steve Vallas believes the country is “well placed” when it comes to blockchain, but a bigger conversation is needed with financial regulators.
Thailand’s Securities Regulator Eyes Qualifications for New Crypto Investors
The regulator believes new cryptocurrency investors should have a certain level of trading experience and financial reserves.
Japan’s SBI in Talks Over Joint Venture to Make Crypto a Core Revenue Source
SBI’s founder and CEO Yoshitaka Kitao said his firm would turn the planned crypto venture into a core source of profitability.
Fetch.ai to Develop Decentralized Marketplace for Global Manufacturer FESTO
Fetch.ai’s technology stack will be leveraged to “transform” FESTO’s existing legacy control systems.
India Grants Crypto Holders Reprieve Ahead of Likely Ban: Report
The window of opportunity for investors to cash out to fiat is expected to be between three-to-six months.
First North American Bitcoin ETF Approved by Canadian Securities Regulator
The Ontario Securities Commission gave its blessing Thursday.