The company claims EUROe is the first regulated stablecoin in Europe. According to a recent announcement, Membrane Finance, a Finnish fintech company, has launched a fully-reserved euro stablecoin on...
Tag: Fintech
Coinbase stock jumps 14% after federal securities suit dismissed
The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. Shannon Staple...
Ethereum to Reach Peak of $2,474 Per Token in 2023, Finder’s Survey of Crypto and Fintech Experts Reveals – Markets and Prices Bitcoin News
Seven days ago, finder.com, a product comparison website, published a forecast report based on predictions from several crypto and fintech experts, predicting bitcoin’s year-end price for 2023. Follow...
Premier League signs deal with NFT-based fantasy soccer game Sorare
The Sorare NFT soccer trading card game has partnered with the Premier League on a multi-year licensing agreement. Sorare Sorare, the $4.3 billion fantasy soccer game, has signed a multi-year deal wit...
Ripple vs. SEC Will Be a Key Case for U.S. Fintech Future
Ripple investors and XRP holders are not the only ones with a keen eye on the ongoing battle with the U.S. Securities and Exchange Commission. Big banks are also taking a keen interest. Late last week...
Ghanaian and Nigerian Central Bank Open Respective Regulatory Sandbox Application Processes – Fintech Bitcoin News
The Ghanaian and Nigerian central banks have invited financial innovators that wish to be included in their respective regulatory sandboxes to submit applications. The Bank of Ghana said its sandbox w...
Sam Bankman-Fried tried to influence witness through Signal: DOJ
Former FTX chief executive Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in the Manhattan federal court, New York, January 3, 2023. Ed Jones | AFP | Getty Images...
Chinese fintech firms adopt blockchain in 2022
KPMG’s latest research report shows blockchain technology, the solid foundation behind bitcoin and other crypto assets, was the 5th most popular innovative tech among Chinese fintech companies last ye...
Saudi Central Bank Says Ongoing CBDC Experiment Focused on Domestic Wholesale Use Cases – Fintech Bitcoin News
Saudi Arabia’s central bank digital currency (CBDC) experiment, which is being carried out in conjunction with local banks and fintechs, is presently focused on domestic wholesale uses cases, the cent...
$6.6 billion-worth fintech Wise accused by rival of harming competition
The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Wise has been accused by a rival fintech company of undermining competition in the money tran...
Bitcoin’s Rally Is Built on Low Trading Volume. That Adds to the Risks.
Bitcoin has rocketed 37% since the start of the year, completely erasing its losses after the demise of the cryptocurrency trading platform FTX. But there is ample reason investors shouldn’t chase the...
Islamic Fintech Startup Wahed Opens Physical Office in UK
Wahed has a plan to help its customers grow their funds in the most Sharia-compliant way. American financial technology and service provider, Wahed has extended its global reach with a newly opened of...
Saudi Central Bank To Experiment With CBDC Alongside Fintech Lenders And Companies
As the adoption of digital assets continues to grow widely, entities are following suit while aiming to use digital assets in their own way. In today’s news, the Saudi Central Bank (SAMA) unveiled its...
BlockFi secret financials show $1.2 billion tie to FTX and Alameda
BlockFi logo displayed on a phone screen and representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on November 14, 2022. Jakub Porzycki | Nurphoto | Getty Imag...
Wilshire to partner with FalconX as preferred digital asset index provider
Wilshire, the financial services firm, announced a partnership with crypto prime broker FalconX to provide institutional investors with access to the OTC crypto derivatives market. The firm, whi...
Islamic fintech Wahed opens physical bank branch in London
Islamic fintech startup Wahed has opened its first physical branch on Baker Street in London. The glossy retail location is designed to look like an Apple store. Wahed An investing platform backed by ...
Crypto exchange Gemini lays off 10% of workforce
Tyler Winklevoss and Cameron Winklevoss (L-R), co-founders of crypto exchange Gemini, on stage at the Bitcoin 2021 Convention in Miami, Florida. Joe Raedle | Getty Images Crypto exchange Gemini will r...
Bank of America, JPMorgan and other banks reportedly team up on digital wallet to rival Apple Pay
Brendan McDermid | Reuters Several banks are reportedly working on a digital wallet that links with debit and credit cards to compete with Apple Pay and PayPal. According to the Wall Street Journal, t...
Bitcoin 2023 rally gathers steam as cryptocurrency tops $23,000
Bitcoin had a tough 2022. Now investors are looking toward 2023 with caution when it comes to cryptocurrencies. Thomas Trutschel | Photothek | Getty Images Bitcoin rose further over the weekend, as tr...
Bank of Spain Greenlights Euro-Backed Stablecoin Token Pilot Program – Fintech Bitcoin News
The Bank of Spain has given approval for the launch of a pilot program involving the issuance and usage of euro-pegged stablecoins. The program, which MONEI, a fintech institution, is launching, will ...
Kenyan Fintech Kwara Raises $3 Million in Seed Extension – Fintech Bitcoin News
A Kenyan fintech that digitizes credit unions, Kwara, is reported to have raised $3 million via a seed extension round that was backed by DOB Equity, Globivest, and Willard Ahdritz. The latest round b...
CBDCs Are the Future of Central Bank Money but They Are Still Not Ready – Fintech Bitcoin News
A World Economic Forum (WEF) panel comprised of central bankers and global tech providers has profiled central bank digital currencies (CBDCs) as the future of central bank money, presenting them as o...
2nd Edition Fintech Revolution Summit 2023 – Vietnam
We TraiCon Events will be hosting Vietnam’s premier fintech event titled as “Fintech Revolution Summit” supported by Fintech Association of Hong Kong scheduled on 27th & 28th March 2023 in the Hot...
Orrick, Buckley Combine To Form Financial Services & Fintech Law Powerhouse
SAN FRANCISCO & WASHINGTON–(BUSINESS WIRE)–Orrick, Herrington & Sutcliffe LLP / Buckley: Orrick and Buckley jointly announced the strategic combination, which responds to growing demand from t...
Crypto lender Genesis Trading files for bankruptcy protection
Barry Silbert, Founder and CEO, Digital Currency Group David A. Grogan | CNBC Crypto lender Genesis filed for Chapter 11 bankruptcy protection late Thursday night in Manhattan federal court, the lates...
Binance was final destination for millions in funds from Bitzlato
Binance is the world’s largest crypto exchange, handling billions of dollars in trading volumes on a daily basis. STR | NurPhoto via Getty Images Federal prosecutors unsealed an indictment again...
CoinDesk engages Lazard to explore sale as DCG crisis grows
Barry Silbert, Founder and CEO, Digital Currency Group Anjali Sundaram | CNBC Crypto trade publication CoinDesk is exploring a potential sale, hiring advisors at Lazard to weigh a move that would rem...
Ripple CEO optimistic crypto firm will get SEC XRP lawsuit ruling soon
The head of cryptocurrency and blockchain company Ripple, Brad Garlinghouse says he is hopeful a resolution will be reached in its spat with the U.S. Securities and Exchange Commission within the firs...
FTX says $415 million of crypto was hacked
FTX logo displayed on a phone screen is seen through the broken glass in this illustration photo taken in Krakow, Poland on November 14, 2022. Jakub Porzycki/NurPhoto via Getty Images Bankrupt crypto ...
This fintech stock could climb another 25%: Morgan Stanley
Global Payments Inc (NYSE: GPN) has done well over the past thirty days but a Morgan Stanley analyst is convinced it’s not done pleasing its shareholders just yet. Global Payments stock could hit $135...