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Crypto
Crypto VC gCC Raises $110M Early-Stage Fund
Gumi Cryptos Capital will use its second fund to invest in around 50 companies through both equity and tokens.
Grab’s Technology Head Departs to Lead Metaverse Gaming Firm Ethlas: Report
Many high-level executives of traditional technology firms have left their jobs to dive into the metaverse, with Grab’s head of technology, Wui Ngiap Foo, being the latest.
Crypto Funds See Largest Inflows Since Mid-December
After two straight weeks of outflows, $193 million flowed into crypto funds in the seven days through March 25.
India Identifies 11 Crypto Exchanges Accused of Tax Evasion
India’s tax authority first began seizing assets to address alleged tax evasion late last year and initially identified six exchanges.
Japan to Plug Loophole to Prevent Russia From Evading Sanctions Through Crypto: Report
Reuters reports a number of top government officials promising an imminent change to the country's Foreign Exchange and Foreign Trade Act.
Sudan's Central Bank Warns Against Using Crypto as Economy Suffers: Report
The bank said that cryptos carry high risks, including financial crime, piracy and loss of value.
S. Korea’s SK Square to Spend $1.6B on Semiconductors, Blockchain
The company, which acquired a 35% stake in crypto exchange Korbit in November, has been jumping into the crypto sector.
UK Set to Disclose Plans for Regulating Crypto in Coming Weeks: CNBC
Like the EU's framework for crypto assets that is currently making its way through the legislative process, the U.K.'s regulatory efforts may also focus heavily on stablecoins.
