US crypto exchange Coinbase expands into Canada
The move comes amid major regulatory enhancements for crypto set by the Canadian financial regulator.
Cryptocurrency
Cartoon: Betting on the swing
The crypto industry’s economics is currently dangerously dependent on the next market swing.
Bank of England forms CBDC Academic Advisory Group for proposed digital pound
The formation of the AGG will ensure that the digital pound can be “accelerated” if given the green light.
FinTech Futures: Top five stories of the week – 11 August 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Microsoft partners Aptos Labs to help connect financial service companies to the Web3 ecosystem
The duo will explore new innovations in areas such as asset tokenisation, CBDCs and payment technology.
Naga integrates Rezolve AI into its social trading platform
The integration is also set to extend to Naga’s e-payments solution, Naga Pay.
PayPal launches US dollar stablecoin PayPal USD
Rolling out in the coming weeks, PayPal USD will be available to purchase for eligible US PayPal customers.
Garanti BBVA Financial Technologies launches new venture for digital assets
The launch is Garanti BBVA Financial Technologies’ first foray into digital assets.
Revolut halts crypto services in the US citing “evolving regulatory environment”
From 3 October, access to crypto through Revolut will be fully disabled for US customers.
ICYMI fintech funding round-up: Pockit, Orbital, Traction & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The transformative impact of AI and its implications on the future workforce
The AI revolution is well and truly underway. But what does it mean for the future of workers?
The Republic of Palau taps Ripple for first stablecoin pilot
The pilot is expected to last for three months between selected merchants and government employees.
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.
FinTech Futures: Top five stories of the week – 21 July 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
FinTech Futures Jobs: The future of blockchain and the path to mass adoption
Explore thousands of open roles on the FinTech Futures Job Board today.
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.
UK’s National Audit Office launches FCA review
The review will examine how the FCA is working to overcome new challenges and take advantage of opportunities.
FinTech Futures: Top five stories of the week – 14 July 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
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.
The Law Commission of England and Wales publishes recommendations for digital asset law reforms
The Law Commission has conducted the first-ever rigorous common law analysis relating to digital assets.
Swiss National Bank confirms wholesale CBDC pilot
The SNB is set to launch a new wholesale CBDC pilot on the SIX digital exchange.
One Trading, formerly Bitpanda Pro, bags €30m funding
The funding round was led by Peter Thiel’s Valar Ventures.
Cartoon: Rules of the road
A new cartoon illustrating the enforcement approach that US regulators are taking with the crypto industry.
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.
FinTech Futures: Top five stories of the week – 9 June 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
US SEC sues crypto firms Binance and Coinbase
The US regulator has filed charges against both firms this week amid a crackdown on crypto.
Crypto fintech Oobit names Phillip Lord as president
Lord will be tasked with forging partnerships, business development and executing marketing strategies.
FinTech Futures: Top five stories of the week – 26 May 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Crypto app Tap Global appoints David Hunter as chairman
Tap Global aims to reach £4.2 million of revenue by mid-2024.
FinovateSpring 2023: The top trends shaping the future of financial services
This year’s FinovateSpring conference has put digital transformation and innovation at the top of the agenda.
FinTech Futures: Top five stories of the week – 19 May 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Singapore’s Whampoa Group selects Bahrain as HQ for new digital bank
Launching end of 2023, the new digital bank aims to support the adoption of digital assets worldwide.
Ripple acquires Metaco in $250m deal
Ripple’s CEO says the deal is “monumental for our growing product suite and expanding global footprint”.
Binance set to withdraw from Canada citing new guidance
Binance says it is joining other “prominent” crypto businesses in “proactively withdrawing” from Canada.
Crypto and banking app Tap Global names Kriyakant Patel as new CEO
Patel joins from Transact Payments, where he has served as CEO for the last nine years.
FinTech Futures: Top five stories of the week – 12 May 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Germany’s Unstoppable Finance to build Europe’s first DeFi bank
The fintech firm also plans to issue a fiat-backed euro stablecoin.
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.
