FCA continues clampdown on unregistered crypto ATMs in Exeter, Nottingham and Sheffield
The regulator says it will review the evidence gathered and consider taking further action where necessary.
Blockchain
HPS CEO Abdeslam Alaoui Smaili on innovation in the payments industry
FinTech Futures chats with HPS CEO Abdeslam Alaoui Smaili at WeMeeting 2023 in Marrakesh, Morocco.
Egypt’s Taly taps BPC to power digital payment services
Taly aims to broaden financial inclusion and boost digitalisation in the country.
Cartoon: Curmudgeon
A new cartoon illustrating the arbitrary approach to crypto regulation in the United States.
Mastercard rolls out Crypto Credential service to strengthen trust in blockchain ecosystem
Mastercard Crypto Credential defines verification standards, instilling “critical” trust in blockchain tech.
FinTech Futures: Top five stories of the week – 28 April 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
FinTech Futures Jobs: How to approach a data engineering interview differently
Explore thousands of open roles on the FinTech Futures Job Board today.
Binance.US pulls out of Voyager asset acquisition citing “hostile” regulations
Binance.US cites “the hostile and uncertain regulatory climate” in the US as its reason for pulling out.
EU crypto “travel” regulations pass European Parliament vote
MiCA will ensure crypto transfers can be traced and suspicious transactions blocked.
FinTech Futures: Top five stories of the week – 21 April 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: Floodlight, Fractal and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
SocGen digital asset arm unveils Euro-pegged Ethereum stablecoin
The stablecoin is designed to bridge the gap between traditional capital markets and the digital asset ecosystem.
Greenpeace taps Nexi Greece for digital payment security services
Greenpeace will use Nexi Greece’s tokenisation solution to obscure sensitive payment data.
IFGS 2023: Collaboration key for Singapore’s burgeoning fintech sector
Sopnendu Mohanty, chief fintech officer at MAS, discussed the country’s strategies and successes at IFGS 2023.
QFCA partners with R3 to boost Qatar’s fintech sector
The pair will collaborate to create an innovation lab catering to commercial banks and fintech firms in Qatar.
Blockchain infrastructure platform Paxos to pull out of Canada
Customer accounts without funds will be closed on 9 May, Paxos says.
Demystify Podcast: Demystifying China, CDBCs and cashless with Richard Turrin
Based out of China, Richard Turrin has a ringside seat on how China is transforming into a cashless society.
Digital Currency Monetary Authority launches international CBDC
The Universal Monetary Unit (UMU) is designed to enforce banking regulations.
Crypto API provider Wyre names Stephen Cheng as new CEO
Cheng has served as interim CEO for Wyre since January 2023.
Montenegro’s central bank partners Ripple for CBDC pilot
Montenegro joins a list of more than 100 countries piloting a CBDC for various use cases.
PostFinance partners Sygnum for digital asset banking services
PostFinance customers can now access regulated, bank-grade cryptocurrency services.
Lloyds Bank partners Enigio to boost trade finance digitisation
Enigio’s solution creates digital documents that can be used where an ‘original’ document is required.
UAE central bank partners R3 and G42 Cloud for CBDC implementation initiative
The CBDC initiative will look at a range of use cases across domestic and cross-border use.
Liechtenstein’s VP Bank expands digital asset capabilities with Metaco
VP Bank has extended its digital asset services into financial assets using Metaco’s Harmonize platform.
EU drafts crypto transfer rules to fight money laundering
Under the new rules, cryptoasset transfers will have to include information on their source and beneficiary.
US OCC names Prashant Bhardwaj to lead new fintech office
Bhardwaj will lead a team analysing trends in fintech including digital assets and bank-fintech partnerships.
European Payments Council names Giorgio Andreoli as director general
Andreoli says he will be working closely with EPC members to build “the future of payments in Europe”.
FinTech Futures: Top five stories of the week – 31 March 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Blockchain-based BaaS provider Scallop partners tell.money for open banking compliance
Scallop will utilise tell.money’s gateway service to ensure PSD2 open banking compliance.
CBDCs – miracle money or new world order?
CBDCs promise much, but their cost when it comes to privacy could be dear.
Crypto exchange OKX readies for Hong Kong launch
OKX sees “immense potential” in Hong Kong and is committed to building out the local ecosystem.
US CFTC files lawsuit against Binance and CEO
The CFTC has accused Binance of “numerous violations” of the Commodity Exchange Act and CFTC regulations.
The future of banks is not banking…
Defining the future of banks is much more complex now than it has ever been.
CryptoUK calls on FCA to oppose banks banning transfers to crypto exchanges
CryptoUK says banks limiting transactions to crypto platforms is “anti-competitive and disproportionate”.
Crypto exchange OKX set to pull out of Canada citing “new regulations”
OKX says the move is “temporary and we are working with regulators to solve this issue”.
FDIC offloads non-crypto Signature Bank deposits to Flagstar Bank
The FDIC will continue to provide crypto-related deposits directly to customers.
Central banks of UAE and India partner for cross-border CBDC testing
The central banks will conduct joint proof of concept and pilots of bilateral CBDC cross-border transactions.
How fintech can reshape global trade and the supply chain
Fintech innovations combined with 5G advancements could completely transform the way we conduct trade.
FinTech Futures: Top five stories of the week – 17 March 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Copper.co announces job cuts amid “strategic realignment”
Copper intends to “realign” its business to focus on its custody and prime services solutions.
