Phantom raises $9M to launch multi-chain crypto wallet

Cryptocurrency wallet provider Phantom has secured $9 million in Series A financing to launch a new multi-chain wallet designed to help decentralized finance (DeFi) users access decentralized applications (DApps) across multiple blockchains.  The raise comes on the heels of a successful beta launch in April of this year that saw […]

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TikTok Bans Paid Promotions of Crypto and Forex Trading Products

TikTok, an insanely popular video-sharing social media platform, has updated its branded content policy, prohibiting users from posting any promotional content on cryptocurrency and foreign exchange (forex) trading products. As seen on the platform’s policy page, it prohibits promotions of an array of financial products and services that include lending […]

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Bitonic regulatory clash shows power of FATF

De Nederlandsche Bank (DNB), the Dutch central bank, recently took a U-turn on onerous KYC and AML requirements it had imposed on digital asset providers, after the Rotterdam District Court directed that DNB consider the objections raised by the Bitonic exchange. While at face value this episode might look like […]

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Brazilian securities regulator approves Ether ETF

Brazil’s Comissão de Valores Mobiliários (CVM), the country’s securities regulator, has approved an Ether (ETH) exchange-traded fund (ETF), according to an announcement by QR Capital, the holding company of QR Asset Management. The fund, which trades under the ticker QETH11, will trade on Brazil’s highly reputable B3 stock exchange, which operates […]

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