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Fintech
German Fintech Naga to Start Crypto-Focused Social Trading Platform
Nagax will consist of a crypto wallet, NFT and staking platforms, a spot exchange and a futures and derivatives exchange.

India’s Central Bank Creates Fintech Department That Will Address CBDC
The bank is working on a digital currency, and parliament is set to consider crypto regulations.

French Fintech Lydia Attains Unicorn Status With $100M Series C Funding
The funding round includes new investors Dragoneers and Echo Street along with existing backers Tencent, Accel and Founders Future.

Republic of Palau Joins Hands With Ripple to Develop Digital Currency Strategy
The fintech company will explore the country’s first digital currency strategy and its use case.

Meow Raises $5M to Connect Corporate Treasurers to Crypto Markets
The startup’s CEO said the company expects to raise a Series A round in the near future.

Australia Looks to Regulate Crypto
Australia’s Senate Select Committee delivers report on fintech regulation. CoinUnited sees enthusiastic response to Bitcoin ATMs in Hong Kong. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Fintech App Current Taps Coinbase’s Bison Trails to Support Polkadot DeFi Plans
Current is enlisting back-end support in its bid to combine DeFi services with the best of its traditional offerings.

Revolut Launches Commission-Free Crypto Trading for US Investors
Among other free services announced by Revolut are out-of-network ATM withdrawals of up to $1,200 and 10 remittance payments.

Fintech Tala Raises $145M to Launch Crypto Product for Emerging Markets
The startup will also expand its financial services for the unbanked.

Colombian Fintech Movii Raises $15M in Series B Round
Movii said that it was targeting some of the funding to develop a bitcoin purchasing service.
