PANews, citing Bitcoin.com News, reported that the European Commission decided to create a cryptocurrency task force within a newly established sanctions office to address Russia’s use of digital assets to evade sanctions. It is expected to operate for 12 months.
[New Fundraising] Takenos Completes $7 Million Seed Round Follow-On Financing, Led by North Island Ventures and Others Takenos is a digital wallet platform for Latin America, built on the Solana blockchain, that issues its own stablecoin (USDC) to provide users with USD storage, payment, and transfer services. Users can deposit local currencies (such as Bolivian boliviano or Argentine peso) into the wallet, which are automatically converted to USDC for international spending, online shopping, cross-border remittances, or as a store of value. The platform offers virtual/physical debit cards (Mastercard, Visa) and supports withdrawals to local bank accounts. Its mechanism includes compliant KYC/AML processes, reserves custodied by regulated partners, and on-chain transactions executed via SPL token programs. Target users include freelancers, importers/exporters, and individuals seeking USD protection…
[New Fundraising] Lombard Systems Completes $4 Million Seed Round Led by Ethereal Ventures Lombard is an onchain Bitcoin infrastructure protocol that brings native BTC into DeFi. Its core assets are LBTC and BTC.b: staking BTC mints LBTC, which accrues Bitcoin-denominated yield through Babylon staking and institutional off-chain strategies while remaining liquid across chains; BTC.b is a simple 1:1 Bitcoin representation without yield. Assets are validated by a multi-institution security consortium and monitored by Chainlink Proof of Reserve. Source:https://lombardsystems.com/lombard-systems-raises-4-million/