Scotcoin to list on crypto exchange

Hello and welcome to our daily digest of business, financial and economic news from around Scotland.

1. Scotcoin hopes to place £200 million of cryptocurrency when it lists on a big exchange.

Scotland’s only homegrown cryptocurrency has been around since 2013 and is now a community interest company that tries to link its digital currency to social and environmental aims.

In 2022 it looked into listing on the Probit exchange, but pulled out of that. Now it is to appear for trading within the next month, assuming market conditions are favourable, although it has not named the exchange.

Temple Melville, chief executive of the Scotcoin Project, said: “Our objective is to use the medium of crypto to help create a more equitable world and