Elliptic Raises $120 Million Backed by Nasdaq, Deutsche Bank Blockchain analytics firm Elliptic has closed a $120 million Series D funding round backed by Nasdaq and Deutsche Bank, according to TheBlock. The company leverages AI technology to enhance crypto security and compliance, serving exchanges and financial institutions.
Poland Lawmakers Debate Crypto Bills as PiS Party Submits Ban Proposal Polish lawmakers are debating cryptocurrency legislation while the PiS party has submitted a separate proposal to ban crypto, according to TheBlock. The development reflects divergent regulatory approaches across European nations.
USDC issuer Circle is developing a new $3 billion blockchain to support its stablecoin infrastructure, marking one of the largest infrastructure investments in the crypto industry.
A closely watched crypto bill vote is moving to the full Senate, though TD Cowen analysts note “major obstacles” remain, with the legislative path still uncertain.
The Ethereum Foundation appointed three new co-leads for its core Protocol cluster, marking a significant leadership restructuring for the second-largest blockchain.
Strategy’s (formerly MicroStrategy) Michael Saylor addressed questions about the company’s bitcoin sales in a Q&A, defending the firm’s bitcoin holding strategy.
Australia Tax Reform to Impact Crypto Holders The Australian government plans to replace a 50% capital gains tax discount on assets held for more than one year, according to the Australian Financial Review. This change will directly affect crypto investors’ tax burden. Crypto assets held for over a year currently benefit from the 50% CGT discount, which would be eliminated under the proposed policy.
Bitcoin Swings on CME Open BTC briefly topped $82,400 before slipping below $81,000 as traders repositioned around CME futures open and geopolitical risks rattled markets. Iran tensions continue to weigh on investor sentiment, with traders balancing safe-haven demand against risk appetite in the crypto space.
Digital Asset Seeks Major Funding Round Canton Network’s Digital Asset is targeting a $2 billion valuation in a new funding round led by a16z crypto, according to Bloomberg. Sources familiar with the matter told Bloomberg the fundraiser is expected to close in the coming weeks and the final amount might vary. Digital Asset is a major player in enterprise-grade blockchain infrastructure.
Crypto.com Gets UAE Regulatory License Crypto.com’s UAE entity became the first VASP to receive a UAE central bank SVF license tied to Dubai government crypto payment services. This marks another milestone in the UAE’s efforts to position itself as a leading crypto hub in the Middle East.