AML Laws to Be Implemented to Crypto in India
The Indian Ministry of Finance has decided to extend anti-money laundering legislation to the digital currency market.
The Fed is Creating a Team of Crypto Experts
Michael Barr, a Fed spokesman, has confirmed the regulator plans to create a group of crypto experts.
HSBC Takes Ove Silicon Valley Bank’s British Arm
HSBC has announced it has acquired the British “daughter” of Silicon Valley Bank for £1 ($1.21).
Gwyneth Paltrow Participates in Funding Round of Web3 Platform Wild
Wild, a digital art-focused Web3 platform, has raised $7 million in seed funding in a round led by venture capital firm Matrix Partners.
Hut 8 Mined 3,568 BTC in 2022
Hut 8 Mining’s revenue amounted to 150.7 million CAD ($109 million) last year, a decrease of $23.1 CAD from the previous period.
Startup Checking Crypto Companies Solvency Raises $15.8M
Proven, a startup that is developing a zero-knowledge proof-based technology to help crypto companies prove their solvency without having to hand over sensitive information, has raised $15.8 million.
FCA’s Head: British Authorities Cannot Protect Crypto Investors
This week, FCA Director General Nikhil Rathi has reaffirmed the agency’s hardline stance on digital currencies.
