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RoboFi News Review: Top Crypto News of the Week

This week’s news roundup is presented below.

Regional lender Metropolitan Bank to exit crypto-related asset vertical

As the market for digital assets continues to spiral deeper into a crisis, Metropolitan Bank Holding Corp (MCB.N) said on Monday that the company would withdraw from the cryptocurrency-related asset vertical.

Britain to push ahead with readying ground for a digital pound

Andrew Griffith, Britain’s Financial Services Minister, said on Tuesday that it is more important to get the design of a digital pound right than to get it out quickly. China is testing a digital yuan, and the European Central Bank is looking into a digital euro. This puts more pressure on Britain to do the same and keep up with the latest financial technology.

Venom, Iceberg set up $1 bln fund to invest in blockchain firms amid crypto winter

Blockchain company Venom Foundation and Abu Dhabi-based investment manager Iceberg Capital Ltd launched a $1 billion crypto venture fund and said they would lead a $20 million funding round for the virtual world platform Nümi Metaverse.

Crypto exchange Binance registers in Sweden

On Thursday, Sweden’s financial watchdog said that it had registered Binance as a financial institution in the country this week. Per Nordkvist, deputy head of the Financial Supervisory Authority’s banks division, told Reuters that the registration lets Binance launch a website in Swedish and market itself directly to consumers in the Nordic country.

U.S. securities regulator charges Genesis, Gemini with unregistered offerings

The United States Securities and Exchange Commission (SEC) said on Thursday that it has charged Genesis Global Capital LLC and Gemini Trust Company LLC with illegally marketing securities to hundreds of thousands of investors through their crypto lending scheme.

About RoboFi

RoboFi ( is a Defi platform that envisions a marketplace for revolutionary Dao crypto trading bots. Through its IBO (Initial Bot Offering) system, community members can maximize their earnings in an easy, simple, and secure way. We create a safe and transparent environment based on blockchain technologies that help developers bring crypto trading bot platforms to the market. In addition, individuals will have easy access to these bot applications, thereby generating more earning opportunities. RoboFi ecosystem is fueled by the VICS token.

About VICS

VICS token has a distinctive and enticing concept. VICS is the BEP-20 token, built on the Binance smart chain. It is a core utility token in the RoboFi ecosystem, the reliable crypto trading bot marketplace. One important utility is to own the governance token of DABots and participate in an IBO (Initial Bot Offering) to receive additional incentives. VICS is available on major exchanges for trading.

Official Link

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