Data: VC capital inflows to UK digital asset firms fell 94% in Q
According to news on April 2, according to Bloomberg News citing PitchBook data, venture capital investment flowing into British digital asset companies in the first quarter fell by 94% to $55 million compared with the same period last year. This compares with a growth rate of about 31% in the rest of Europe.
Major banks including HSBC and Natwest have made headlines since February by further limiting the amount of money customers in the UK can transfer to digital asset exchanges, in a fresh blow to the battered industry, it is reported.
Major banks including HSBC and Natwest have made headlines since February by further limiting the amount of money customers in the UK can transfer to digital asset exchanges, in a fresh blow to the battered industry, it is reported.
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