cryptocurrency exchange

SoftBank invests $200mn in Latam cryptocurrency exchange
Business & Finance

SoftBank invests $200mn in Latam cryptocurrency exchange

  • The SoftBank capital raise comes at a time when investor sentiment on cryptocurrencies has soured amid regulatory crackdowns in China, Britain and Japan.
  • Mercado Bitcoin will use the funds to scale its operations, expand offerings, and invest in infrastructure to meet rising demand for crypto in the region, 2TM said in a statement.
Published 01 Jul, 2021 04:43pm
Turkey detains four in Vebitcoin investigation
World

Turkey detains four in Vebitcoin investigation

  • "Four administrators and personnel of the company were detained on Saturday on allegations of fraud," Mehmet Nadir Yagci, a prosecutor in the southwestern city of Mugla said in a statement.
  • Vebitcoin announced on Friday that it had stopped all activities "in order to fulfil all regulations and claims".
Published 24 Apr, 2021 05:53pm