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Binance reportedly continues EU operations after MiCA licensing failure

Bloomberg reports, citing sources, that Binance is still operating in the European Union months after failing to obtain a MiCA license. The exchange is reportedly using workarounds to onboard new customers and reroute trading. The supplied summary does not identify the jurisdictions, the workarounds, the relevant regulator response, or any enforcement action.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Products Infrastructure
Products Infrastructure

JPMorgan deploys $230 billion in economic security financing

JPMorgan Chase deployed $230 billion of capital in the first year of its decade-long US economic security effort, Bloomberg reports. The financing includes equity and debt across areas including energy independence, defense and ae...

AI Capital
AI Capital

Tenstorrent raises $1.5 billion at $6.2 billion valuation

AI chip startup Tenstorrent has raised $1.5 billion in a funding round that values the company at $6.2 billion, according to a statement provided to Bloomberg News. The financing follows takeover interest in the company earlier th...

Capital Science
Capital Science

Nouscom closes €120 million financing for cancer vaccine trial

Swiss biotech Nouscom has closed a €120 million ($135 million) Series D financing to take its NOUS-209 cancer vaccine through a pivotal clinical trial, pharmaphorum reported. M Ventures and Revelation Partners led the round, with ...

Capital
Capital

Even Healthcare raises $50 million to expand Bengaluru hospitals

Even Healthcare has raised $50 million in an all-equity Series B led by Khosla Ventures, with participation from Alpha Wave, TechCrunch reports. The Indian startup says the round values it at $300 million, triple its valuation 18 ...

Capital AI
Capital AI

Abby Care raises $82M Series C led by Transformation Capital

Abby Care raised an $82M Series C led by Transformation Capital, Fortune reported. The company operates a clinically led platform that uses AI to train and certify family caregivers. The financing adds capital to a business provid...

Infrastructure
Infrastructure

SK hynix launches 2 trillion won financing program for chip suppliers

SK hynix has launched a 2 trillion won ($1.5 billion) financing program with four banks and the Korea Trade Insurance Corporation to help domestic semiconductor suppliers borrow at preferential rates, the company said Monday. A si...