Bank of England begins building out its CBDC team
The Bank of England (BofE) has begun hiring workers to develop its digital currency, according to PYMNTS.
UAE’s central bank unveils tech and legal partners for CBDC project
The Central Bank of the UAE has selected three new partners to assist in the implementation of its central bank digital currency (CBDC) strategy.
How is financial services leveraging AI for compliance purposes?
In a time where AI is revolutionising industry after industry, the increasing need and desire to automate compliance is becoming ever more sought after.
Crypto lobby group calls for UK ‘white list’ to prevent market restrictions
CryptoUK has called for UK banks to be given a ‘white list’ of registered crypto firms to avoid firms in the industry getting ‘debanked’.
Crypto firm Proven snares $15.8m in seed funding haul
Proven, a developer of zero-knowledge proofs that enables exchanges, stablecoins, asset managers and custodians to prove their solvency, has raised $15.8m in a seed round.
Web3 firm Cubist lands $7m in seed raise
Cubist, a security-focused Web3 dev tools provider, has scored $7m in a seed funding round headed by Polychain Capital.
DeFi firm Violet nets $15m, launches compliant decentralised exchange
Violet, a provider of privacy-protective compliance and identity infrastructure for DeFi, has bagged $15m in a funding round and launched a compliant decentralised exchange....
Web3 firm Cubist lands $7m in seed raise
Cubist, a security-focused Web3 dev tools provider, has scored $7m in a seed funding round headed by Polychain Capital.
Stelo Labs bags $6m from Andreessen Horwitz-backed funding round
Stelo Labs, a startup seeking to protect wallets from scams and phishing and securely navigate Web3, has raised $6m.
SFC unveils consultation on visual asset trading platform regulation
The Securities and Futures Commission (SFC) of Hong Kong has launched a consultation on the proposed requirements for operators of virtual asset trading platforms.