Blockbeat

Get your daily update on all things crypto, blockchain and DeFi with City A.M's Blockbeat from Kaitlin Argeaux

FCA orders crypto ATM operators in UK to shut down all machines now or face punishment

March 11, 2022

The Financial Conduct Authority has told the operators of all 81 Bitcoin ATMs in the UK to shut the machines down immediately, or face enforcement action.
Stripe bets big on crypto with FTX partnership

March 11, 2022

Payments giant Stripe has announced plans to power digital asset payments, kicking off its return to the crypto space by partnering with FTX.
What does Biden’s Bitcoin Bill mean for the future of crypto, and what needs to happen next?

March 11, 2022

President Joe Biden finally inked an Executive Order over cryptocurrency this week, but what does it mean for Bitcoin and co?
Own boss: Citi suffers blow as crypto lead walks out

March 11, 2022

Alex Kriete, the co-head of digital assets at Citi Group, has walked out to launch his own crypto start up.
Onlyfans donates £1m in crypto to support Ukraine amid Russia invasion

March 11, 2022

Adult video platform Onlyfans has donated millions of pounds in crypto to support Ukraine and plans to send an additional 500 ETH (£993,790).
War in Ukraine continues to dominate the economic narrative

March 11, 2022

For the third week running there is only one subject that dominates the Friday update – the ongoing fallout of the Russian invasion of Ukraine.
Middle East’s ‘Crypto Oasis’ expected to reach 1,000+ organisations target by Q2 2022

March 10, 2022

The Middle East has officially connected to the global blockchain ecosystem in a way that expresses community and embodies excellence.
Softbank’s internet arm teases plans for launch of NFT marketplace

March 10, 2022

Japanese investment giant Softbank Group is cashing in on the NFT craze with the launch of a new marketplace.
Starkware valuation on track to hit $6bn in latest funding round

March 10, 2022

Israeli blockchain start up Starkware is reportedly closing a bumper funding round at a new valuation of $6bn.
FTX Europe partners with Tomorrowland festival in Web3 push

March 10, 2022

The European arm of crypto exchange FTX has partnered with Tomorrowland to push NFTs to festival goers.