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Bitcoin
News, intelligence and resources on the global fintech industry including topics such as bitcoin.
Cartoon: Thawing
A new cartoon illustrating how hopes of the end of the crypto winter are starting to become real.
Cartoon: Pyrrhic victory
A new cartoon illustrating what’s next for Bitcoin following the approval of spot Bitcoin ETFs in the US.
Crypto.com lands EMI licence from the UK’s Financial Conduct Authority
Crypto.com says it now plans to roll out a suite of e-money products customised for the UK market.
Cartoon: Beacon of stability
A new cartoon illustrating how the perceptions of Bitcoin have changed in recent times.
Demystify Podcast: Demystifying DeFi with U-Zyn Chua, CTO and co-founder of Cake Group
U-Zyn Chua delves into the history of DeFi, the impacts of the crypto winter and why he is so bullish about the future.
Tap Global sets up US expansion through Zero Hash partnership
The UK-based cryptocurrency app intends to complete its US expansion by Q4 2023.
Coinbase receives payment licence from Monetary Authority of Singapore
The news follows a year after the crypto heavyweight received its In Principle Approval (IPA) from MAS.
UK crypto fintech Altalix acquired by Clear Junction
Altalix was one of the first cryptoasset firms to be registered with the UK’s Financial Conduct Authority (FCA).
Payments giant Mastercard to end crypto card partnership with Binance
As of 22 September, Mastercard will be ending its four pilot co-branded Binance card programmes.
US crypto exchange Coinbase expands into Canada
The move comes amid major regulatory enhancements for crypto set by the Canadian financial regulator.
Cartoon: Light at the end of the tunnel
A new cartoon illustrating how the crypto community is starting to believe we’re at the start of another bull market.
FSB publishes global regulatory framework for cryptoassets
The framework comes a year after the FSB called for regulation of the crypto industry on an international level.
Unregistered crypto ATM operators continue to feel the wrath of the FCA
Investigations have been carried out at sites in East London, Leeds, Exeter, Sheffield and Nottingham.
Binance exits Netherlands; under investigation in France
Binance failed to secure a virtual asset service provider (VASP) licence in the Netherlands.
UK FCA toughens rules for marketing of cryptoassets
From 8 October, companies will have to introduce a “cooling-off period” for first-time investors.
US SEC sues crypto firms Binance and Coinbase
The US regulator has filed charges against both firms this week amid a crackdown on crypto.
Binance set to withdraw from Canada citing new guidance
Binance says it is joining other “prominent” crypto businesses in “proactively withdrawing” from Canada.
NYAG proposes new legislation to strengthen crypto regulation and protect investors
The proposed bill aims to increase transparency, eliminate conflicts of interest and protect victims of fraud.
Crypto exchange Bittrex files for bankruptcy protection in the US
The move comes just weeks after the firm announced it would be shutting down operations in the US.
PostFinance partners Sygnum for digital asset banking services
PostFinance customers can now access regulated, bank-grade cryptocurrency services.
CBDCs – miracle money or new world order?
CBDCs promise much, but their cost when it comes to privacy could be dear.
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”.
US, European agencies seize €44m worth of BTC in crypto mixer raid
The law enforcement agencies seized seven terabytes worth of data, consisting of 1909.4 BTC.
Swiss start-up Grow Bank aims to bring crypto and fiat currencies under one roof
Grow aims “to link the traditional banking structure with a product of the decentralised finance ecosystem”.
Crypto paytech Wirex launches multi-currency card in Australia
With one of the highest levels of crypto adoption in the world, Australia is an “important market” for Wirex.
Crypto exchange Binance snaps up majority stake in South Korea’s Gopax
The investment is part of Binance’s ‘Industry Recovery Initiative’ (IRI), launched in 2022.
UK-based digital asset wallet Mode to shut down
Mode says it is winding down its services “due to unsuccessful funding and difficult market conditions”.
Crypto firm Luno lays off 35% of its workforce
Luno’s CEO cites the global economic downturn and the crypto winter as reasons behind the layoffs.
Crypto firm Nexo denies allegations made by Bulgarian prosecutors
Nexo intends to file claims “for all financial and non-pecuniary damages suffered as a result of illegal actions”.
Beyond Bitcoin: why developing nations should look to stablecoins
With stablecoins, emerging economies could potentially build more inclusive and fairer monetary systems.
Finnish crypto firm Coinmotion lands Bank of Spain authorisation
The Bank of Spain has initiated registration for crypto providers as it seeks to clamp down on money laundering.
2022: Top five crypto developments
FinTech Futures takes a look back at some of the year’s top crypto developments and stories.
Bitcoin Group to buy Germany’s Bankhaus von der Heydt
The deal is expected to close in Q3 2023.
MoneyGram expands Coinme partnership, launches in-app crypto service
Users across nearly all US states can now trade and store BTC, ETH and LTC in the MoneyGram app.
UnionDigital Bank taps Thought Machine and Callsign to power its mobile app
UnionDigital Bank will deploy Thought Machine’s Vault Core solution and Callsign’s digital ID platform.
German challenger N26 partners Bitpanda to offer crypto trading services
The partnership will enable N26 customers to buy and sell almost 200 cryptocurrencies.
Crypto-powered banking platform BVNK secures Spanish digital asset registration
BVNK is looking to expand across the European Union and beyond.
Teen financial platform Step lands $300m in debt funding
The new funding brings the total capital raised by Step to $500 million in equity and debt.
Google Cloud set to accept crypto payments via Coinbase
The partnership, which had been in the works for “many months”, has four parts to it.
