Crypto News

KPMG: Fintech Funding Fades in 2023

The global fintech market experienced its most challenging year since 2017, with investments dropping to $113.7 billion. Singapore's AI fintech sector saw a 77% increase in funding. (Read More)Source link

Trump-Themed Tokens Rocket as Prominent Crypto Fund Bets on Coins Modeled After Ex-President

The former president has been a considerable driver for related crypto trading volume since 2020, data shows.Source link

Spain Strengthens Crypto Oversight to Settle Tax Debts

Spanish Ministry of Finance is implementing legislative reforms to increase cryptocurrency monitoring, enabling seizure of digital assets for tax debt resolution, aligning with EU regulations. (Read More)Source link

Cathie Wood predicts Bitcoin preference shift due to ETFs and growing gold connection

ARK Invest CEO Cathie Wood reports a shift from traditional gold investments to Bitcoin, driven by spot Bitcoin ETFs and its increasing 'risk-off' role, especially during economic uncertainties like the regional bank crisis. (Read More)Source link

Ex-Terraform Labs CFO Extradited to South Korea in Crypto Fraud Case

Han Chang-joon, former Terraform Labs CFO, has been extradited to South Korea for charges of financial fraud in the crypto industry, marking a significant international effort to combat digital asset fraud. (Read More)Source link