The Central Bank of Brazil unveiled stricter regulations for FinTech firms based on the complexity of companies, creating tougher standards for required capital.
Visa is launching new consulting and advisory services to help its clients navigate the world of cryptocurrencies.
Ziglu was approved to offer crypto services in the U.K. by the Financial Conduct Authority in 2020.
The Cambridge Centre for Alternative Finance has become the leading institution globally focused on studying the alternative finance industry and...
Para celebrar y hacer sonar su aterrizaje en el país sur americano, Bybit ha lanzado una oferta promocional exclusiva para usuarios en Argentina donde ofrece un rendimiento anual (APY) del 22% sobre depósitos DAI en Ahorros Flexibles (limitado a 500 DAI) hasta el 11 de julio.
Nasdaq Vice President Fredrik Voss is optimistic about the use of blockchain in capital markets trading; according to Cointelegraph, stock market transactions and the core premise of blockchain are compatible making stock market trading ideal for blockchain integration; blockchain technology could help with a number of trading factors including transparency and efficiency; according to Voss, blockchain technology is helping industry trading specialists to look at some of the market's trading problems with new options and solutions from blockchain's capabilities; while he is optimistic, Voss also says, "There is a long way to go before we see a very wide scale adoption of the technology in capital markets, but it looks more promising now than we thought three years ago." Source
Bitcoin exchange Coinbase is reported to have brought in more than $1bn in revenues this past year; according to a report in Recode the revenue figures for Coinbase were supposed to be $600mn but the period between Thanksgiving and Christmas pushed them to over $1bn; the company has also seen spikes in users, with more than 100,000 users signing in over the Thanksgiving day weekend. Source.
EBANX, a Fintech firm for payment solutions in Latin America, confirms that it has finalized the acquisition of Juno, a Brazilian payments firm that enables e-commerce via billing and banking services in the South American country. Juno, one of the key players in the domestic
The team at Bolt has finalized a $393 million round of additional funding to support commerce’s very first federated checkout network...
After launching as savings product two years ago the app only bank is approaching £1bn ($1.3bn) in deposits; after disclosing in March they were at 17,000 customers and over £500mn ($663mn) they have seen a significant acceleration in growth; they also reported growth in small business loan applications and mortgages. Source.