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Core Scientific Partners with Foundry in Financing Deal up to $23 Million

Core Scientific Partners with Foundry in Financing Deal up to $23 Million

The financing from Foundry will enable Core Scientific and its clients to continue shifting global mining operations to North America

Former Fed Chair Janet Yellen Confirmed in Senate as new US Treasury Secretary

Former Fed Chair Janet Yellen Confirmed in Senate as new US Treasury Secretary

After being nominated by President Joe Biden, the United States Senate has now confirmed former Federal Reserve Chair Janet Yellen to serve as Treasury Security.

White House Budget Urges Legislation to Return Secret Service to Treasury Due to Crypto Crime Surge

White House Budget Urges Legislation to Return Secret Service to Treasury Due to Crypto Crime Surge

Cryptocurrencies, and other technological advancements, projected as a threat to the international financial marketplace, the department believes has contributed to more groups of criminal organizations and more links between financial and electronic crimes combined.

FinFabrik and Lumiere Co-create the First Securitized Film with ‘Papicha’

FinFabrik and Lumiere Co-create the First Securitized Film with ‘Papicha’

FinFabrik and Lumiere, two companies based in Hong Kong made history by performing the first tokenisation of a direct investment into a movie in the world.

FATF Virtual Assets Guidelines for Cryptosphere Review

FATF Virtual Assets Guidelines for Cryptosphere Review

With the growing concern of virtual assets/cryptocurrencies being used as a medium for the financing of illegal activities, the Financial Action Task Force (FATF) issues revised guidance from time to time to combat money laundering and terrorist financing involving virtual assets (VAs) and virtual asset service providers (VASPs).

MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins

MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins

MicroStrategy CEO Michael Saylor has said that he is considering issuing more debt to enable the company to buy more Bitcoins. He stated that it makes sense to purchase as much of the asset class as they can.

Bitcoin Access in East Africa Boosted by Paxful

Bitcoin Access in East Africa Boosted by Paxful

Paxful a Bitcoin peer-to-peer platform seeks to propel Bitcoin Access in East Africa by educating the populace about Bitcoin and peer-to-peer financing.

FATF Assessment Finds Majority of US Exchanges are Compliant with Virtual Asset Guidance

FATF Assessment Finds Majority of US Exchanges are Compliant with Virtual Asset Guidance

The Financial Action Task Force (FATF) has published an assessment of the US’s compliance with its revised criteria for anti-money laundering (AML) and terrorist financing (CTF) through virtual assets and found that most virtual asset providers are compliant.

Chainalysis Valued at Over $1 Billion after Raising $100 Million to Expand Regulatory Platform As Crypto Market Surges

Chainalysis Valued at Over $1 Billion after Raising $100 Million to Expand Regulatory Platform As Crypto Market Surges

Blockchain analytics firm, Chainalysis, announced yesterday that it has secured a $100 million Series C financing bringing the company’s valuation to over $1 billion.

CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing

CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing

CIMB Bank Singapore and iTrust have collaborated in the first-ever successful blockchain trade financing transaction.

Mogul Productions Implements Chainlink Oracles to Optimize Film Financing

Mogul Productions Implements Chainlink Oracles to Optimize Film Financing

Some industries are reluctant to change because they benefit a small group of people or firms; film financing fits this category. Mainly restricted to established companies, funding and producing an independent movie can be extremely challenging without the right backers. One project looking to remedy that is Mogul Productions, a blockchain-based, decentralized film financing platform.

China’s First National Level Blockchain Cross-Border Financial System Goes Live

China’s First National Level Blockchain Cross-Border Financial System Goes Live

China Guangfa Bank (CGB), a major Chinese bank, has officially launched the blockchain-based cross-border financial service platform on June 15, with the guidance of the Guangdong Branch of the State Administration of Foreign Exchange.

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