Coinbase Cuts Crypto Investment Amid Wider VC Pullback
Coinbase, among the chief investors in the cryptocurrency sector, has reportedly reduced its startup funding. According to Bloomberg, Coinbase is the most recent firm to stop funding cryptocurrency-related companies as investor opinion has shifted toward caution. Coinbase Ventures, the U.S.-based cryptocurrency exchange’s investment arm, completed just 11 fundraising agreements in Q32023, down 64.5% from the […]
Bitnovo Secures PSAN Registration in France
Bitnovo, a non-custodial cryptocurrency asset service provider, has reportedly registered as a digital asset provider (PSAN). The AMF, France’s Financial Markets Authority, states that Bitnovo can now provide its services in France as a result of this registration. The French financial daily Les Echos claims that the designation of “Digital Asset Service Provider” (PSAN) was […]
WisdomTree Amends S-1 Form Spot Bitcoin ETF Filing
Exchange-traded fund (ETF) provider WisdomTree has amended its S-1 form spot Bitcoin ETF with the United States Securities and Exchange Commission (SEC). A few months after the resubmission of WisdomTree’s spot Bitcoin ETF application in June 2023, which put forth a proposal for a regulation change to enable the listing and trading of shares of […]
Ukraine Officials Receive Crypto Investigation Training
Ukrainian officials received specialized analytics software training to trace cryptocurrency transactions across multiple blockchains. 14 Ukrainian officials attended a training course in Vienna, Austria, from November 14 to November 17 to acquire advanced knowledge on investigating new-age financial offenses. A report published by the Organization for Security and Co-operation in Europe (OSEC) details the acquisition […]
IOSCO Publishes Crypto Regulatory Framework Proposal
The International Organization of Securities Commissions (IOSCO), a regulatory body responsible for international securities markets, recently published its comprehensive report, including policy proposals for cryptocurrency and digital asset (CDA) markets. To address the substantial threats to investor protection and market integrity posed by centralized crypto asset intermediaries called crypto asset service providers (CASPs), the recommendations […]