Crypto


Finance

Blockchain.com Closes $110M Raise: Bloomberg

The exchange's valuation in the $110 million round was less than half of its previous $14 billion valuation, according to the report.

Blockchain.com CEO Peter Smith in 2015 (CoinDesk archive)

Policy

India's Supreme Court Turns Away Petition Asking Government to Frame Crypto Guidelines

"Though the petition is under Article 32 of the Constitution, it is evident that the real purpose is to seek bail in proceedings which are pending against the petitioner," the order said.

The Taj Mahal in Agra, India (Sylwia Bartyzel/Unsplash)

Policy

Australia Updates Its Capital Gains Tax Guidance to Include Wrapped Tokens and DeFi

Last year, the Australian Taxation Office (ATO) warned cryptocurrency investors that capital gains and losses must be reported every time a digital asset is sold.

Australia's government is taking a deliberate approach toward creating crypto laws. (Unsplash)

Policy

UK Cabinet Reshuffle Gives Bim Afolami Responsibility for Crypto, CBDC, Replacing Griffith

His predecessor, Andrew Griffith, will head up the Department for Science, Innovation and Technology.

U.K Economic Secretary Bim Afolami (U.K. Parliament)