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US Presidential Contender Michael Bloomberg Proposes ‘Clear Regulatory Framework’ for Crypto

Presidential candidate Michael Bloomberg proposed creating a regulatory framework for cryptocurrencies in a new financial regulation plan unveiled Monday.Bloomberg's campaign published a financial reform plan Tuesday, advocating for greater consumer protection measures and a stronger financial system. Specifically, the proposal suggests requiring financial institutions to monitor risk exposure, recording all

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Fidelity’s VC Arm Leads $13M Series A for Blockchain-Based B2B Network Clear

Clear, the provider of a settlement system that uses blockchain to facilitate cross-border B2B trading, has finalized a $13 million Series A investment round. The Singapore-based startup said Wednesday the round had been led by Fidelity's investment arm, Eight Roads (formerly Fidelity Ventures). The venture subsidiaries of telecommunications companies Telefonica,

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Fidelity Leads $13M Funding Round for Israeli Blockchain Startup Clear

Israeli blockchain startup Clear has raised $13 million in a Series A round led by Fidelity-backed Eight Roads.Clear — which develops blockchain networks for high-volume transaction systems between businesses — announced the round’s completion in a statement via TechCrunch on Feb. 5.Eight Roads is a global venture firm that

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