China Supreme Court Makes Crypto Fundraising a Criminal Offence

China Supreme Court Makes Crypto Fundraising a Criminal Offence

Fundraising that exceeds CNY 50 million, or losses involving at CNY 25 million or 5,000 people, could result in more than 10 years in prison. Get access today Sign up for a free 2-week trial and get instant, unrestricted and unlimited access to Regulation Asia. FREE TRIAL Already taken your free trial? Get in touch … Read more

Fundraising Wrap: Over $800M in Investments Poured into Crypto This Week

Fundraising Wrap: Over $800M in Investments Poured into Crypto This Week

On Friday, layer-2 infrastructure firm Qredo closed its $80 million Series A round led by 10T Holdings Earlier this week, Seven Seven Six closed a whopping $500 million venture fund for its second fund, which will focus primarily on crypto startups Capital continued to pour into crypto this week, despite a recent downturn in digital … Read more

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