China’s Digital Yuan Fraud Cases Are on the Rise
The number of cases of digital yuan fraud in China is steadily increasing. Another e-CNY case was handled by police in Jiangsu Province, east China, earlier this month China’s Current e-CNY Case Police in Gao Biao, a county-level town under Yangzhou City’s administration in Jiangsu, received a report from a victim that they had been […]
Kraken-owned Subsidy in the United Kingdom Gets FCA Approval
UK’s leading financial regulators have given their approval to Crypto Facilities, a wholly-owned subsidiary of prominent crypto exchange Kraken. Crypto Facilities has received an MLR license from the Financial Conduct Authority (FCA), indicating that it is now compatible with the UK’s anti-money laundering legislation, making it one of the select few crypto companies to have FCA approval. The approval is especially welcome for the Kraken exchange, as it would allow the company to offer crypto derivatives services in the country through its subsidiary. The FCA has tightened its grip on unregulated […]
Paradigm Announces the Launch of a $2.5 Billion New Venture Fund
Paradigm, a cryptocurrency investment firm, has announced the launch of a $ 2.5 billion New Venture Fund to extend its portfolio of crypto companies and protocols Paradigm Fund of $2.2 Billion in June Paradigm co-founders Fred Ahrsam and Matt Huang noted in a November 15 statement that “the fund and its scale represent crypto as […]
Valkyrie Investments Set to Launch a $100 Million DeFi Fund Next Week
Valkyrie Investments intends to launch a new hedge fund tied to the management of several DeFi facilities The fund will begin operations Next week The Valkyrie On-Chain DeFi Fund, which will be available next week, specifically on November 22nd, is the name of the investment vehicle. It includes at least 24 cryptocurrencies spread across 13 […]