Indian Finance Minister calls for globally coordinated approach to crypto regulation
Indian Finance Minister Nirmala Sitharaman has maintained her strong stance on crypto, saying it has a potential for money laundering and financing terrorist groups and urged for a global approach to crypto regulation. During the International Monetary Fund’s (IMF) “Money at a Crossroad” panel discussion, Sitharaman expressed concern about the unregulated crypto market, the use […]
Animoca Brands acquires major stake in digital agency Be Media
Animoca Brands, a nonfungible token (NFT) investing powerhouse, has purchased a large position in Be Media, an Australian digital marketing agency. Be Media has begun a hiring process in blockchain development and project management following the deal. Be Media, with offices in Perth, Melbourne, and Sydney has been providing advertising and digital strategy to Web2 […]
Ireland halts crypto donations to political parties
Due to worries about foreign meddling in politics, cryptocurrency donations to political parties will be prohibited in Ireland under new political integrity legislation being created. Minister Darragh O’Brien’s amendments also address rules governing foreign donations , misinformation, and other transparency requirements for political parties, expressing concerns about Russian meddling in Ireland’s elections. In an interview […]
CoinDCX Raises $135 Million Amidst India Crypto Limbo
CoinDCX, an Indian cryptocurrency exchange, announced on Tuesday that it had raised $135 million in its most recent investment round. Pantera and Steadview, two tech-focused venture capital firms, led the round, which also included Kingsway, DraperDragon, and Republic. CoinDCX now has a market capitalization of over $2 billion , making it India’s largest crypto exchange, […]
WonderFi Set To Buy Coinberry For $38 Million
WonderFi Technologies, based in Vancouver, has signed a deal to buy Coinberry, another licensed Canadian cryptocurrency platform, less than a month after acquiring Bitbuy Technologies. WonderFi, a digital business that provides financial services via DeFi, plans to expand in Canada by purchasing the Coinberry crypto exchange for $38 million in the company stock, according to […]