Russian Parliament working group: There should be ‘mechanisms to control crypto transactions’
The working group weighed in on the side of the Finance ministry in a call to regulate, not ban crypto. Go to Source Powered by WPeMatico
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Fractional Investing Company Public Acquires NFT Startup Otis
The fractional investing company Public announced the acquisition of the digital collectibles and non-fungible token (NFT) technology startup Otis. Public’s co-CEO believes the acquisition will give Public the ability to provide people with the only place in the world “where people can invest in — and build a modern portfolio with — any fractional asset.” … Read more
Immutable Raises $200 Million in Temasek-Led Series C, NFT Startup Now Valued at $2.5 Billion
Following the startup’s partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek. The company is now valued at $2.5 billion and Immutable plans to use the funds to scale the startup’s gaming studio. Immutable Raises $200 Million, NFT Startup Aims to Bolster … Read more
Visa and Mastercard Suspend Operations in Russia as Part of Sanctions Over Ukraine
The world’s leading payment processors Visa and Mastercard have joined sanctions against Russia over its military invasion of Ukraine. The American companies announced suspension of operations in the Russian Federation although Russians will be able to use their cards inside the country. Card Payment Giants Visa and Mastercard Add to Pressure on Russia Over Ukraine … Read more
Charles Schwab Files for ‘Crypto Economy ETF’ With SEC
Charles Schwab is launching a crypto economy exchange-traded fund (ETF). According to the company’s filing with the U.S. Securities and Exchange Commission (SEC), “Schwab Crypto Economy ETF” will trade on the NYSE Arca. Charles Schwab Registers Crypto Economy ETF With SEC Charles Schwab, one of the largest financial institutions in the U.S., filed a registration … Read more
Crypto Settlement Startup Zebec Gets $15 Million to Craft Programmable Cash Stream Payments
The multi-signature treasury management and settlement startup Zebec has revealed the company has raised $15 million in order to bolster a continuous and programmable cash stream protocol on the Solana blockchain. Zebec says the company aims to be the “payment solution for DAOs, crypto projects, Web3 and the metaverse.” Zebec Raises $15 Million to Bolster … Read more
Solana-Based Defi Margin Trading Protocol Raises $3 Million in Seed Funding
On Wednesday, the team behind Solana-based decentralized finance (defi) margin protocol Marginfi, announced Mrgn Labs has raised $3 million in seed funding from investors. With the recently acquired funds, Marginfi aims to build the first cross-margining engine on the Solana blockchain. Mrgn Labs Gets $3 Million in Funding From Strategic Investors Mrgn Labs has revealed … Read more
Russia’s Finance Ministry introduces digital currency bill, brushes off Central Bank’s objections
As the public standoff between the two agencies approaches fever pitch, the Ministry of Finance makes a formal move. Go to Source Powered by WPeMatico
Future of finance: US banks partner with crypto custodians
Traditional financial institutions must work hand-in-hand with crypto custodians, sub-custodians and service providers moving forward. Go to Source Powered by WPeMatico
Bulgarian Stock Exchange Launches 8 Crypto ETNs
Bulgarians can now invest in crypto assets through their country’s stock market. The Bulgarian Stock Exchange has recently launched eight ETNs based on two digital currencies, bitcoin and ethereum, following the example set by leading European platforms that support such products. Crypto-Based ETNs Offered to Bulgarian Investors Bulgarian Stock Exchange (BSE) has started trading crypto … Read more