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Crypto financial risk management solutions dev Gauntlet gets grant
Gauntlet, a crypto-native financial risk management solutions provider, has launched a new research division and received a grant from the Uniswap Foundation.
Crypto lobby group calls for UK ‘white list’ to prevent market...
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.
Cryptocurrency tax startup Toku nets $20m
Cryptocurrency tax and payroll platform Toku has secured $20m in a funding round led by Blockchain Capital.
UK’s FCA takes action against crypto ATMs in London
The UK’s Financial Conduct Authority (FCA) has made another move to crackdown on crypto ATMs by inspecting several sites in East London.
Crypto tax declarations startup Divly bags $400k
Divly, a FinTech helping simplify tax declarations for the crypto market, has raised $400,000 in a new fundraise.
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.
Digital pound could launch in the next decade, UK Treasury claims
A recent consultation by the UK Treasury has revealed that plans for a digital UK currency are being considered and could be realised within a decade.
What is the current state of crypto tax reporting?
Despite the rising usage of cryptocurrency, regulations are still quite bare and confusing. Principal to this is crypto tax reporting, which some countries are setting rules for, before even clarifying taxation laws.
Turbulent year for crypto as illicit activity reaches new high
Illicit activity in the crypto space reached an all-time high of $20.1bn in 2022, up from $18bn the previous year.