Latest from Jamie Crawley
SEBA Bank Offers Token for Digital Ownership of Gold
The token will be backed by physical gold, “ready for anytime, on-demand delivery.”

Animoca Brands Leads $130M Investment in Venture Accelerator Brinc for Web 3 Expansion
The funds will be used to lead Brinc’s expansion into DeFi and crypto gaming.

Germany’s Savings Banks Could Introduce Crypto Trading Next Year: Report
The network of around 400 savings banks across Germany will vote on whether to proceed with the project early in 2022.

Myanmar’s Shadow Government Adopts Tether as Official Currency: Report
The National Unity Government said via a Facebook post that it now accepts USDT.

Crypto Exchange AscendEX Hacked, Losses Estimated at $77M
Assets not affected have been transferred to cold wallets while the investigation is carried out, the exchange said.

SEC’s Gensler Says Crypto ‘Fits in Our Broad Remit’: Report
The U.S. regulator also restated his request to crypto exchanges to “come in, work with the SEC.”

South Africa’s Financial Regulator Is Planning Crypto Rules to Protect Vulnerable Population: Report
The regulations will be unveiled in early 2022 as a response to two major scams that defrauded investors of significant sums earlier this year.

IMF Outlines Need for Global Approach to Crypto Regulation
The IMF called for a “comprehensive, consistent and coordinated” approach to harness the benefits of crypto’s underlying technology while mitigating its risks.

Silvergate Bank Looks to Raise $461M in Public Stock Offering
The shares will be priced at a maximum $145 each.

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.

