Federal Reserve Launches FedNow For Instant Payment Transfers

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The US central bank, the Federal Reserve, has released an instant payment system that will allow users based in the United States to transfer money through electronic platforms. The Chair of the US… Continue reading Federal Reserve Launches FedNow For Instant Payment Transfers

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SEC Chair Gary Gensler Urges Congress to Allocate $109 Million for Crypto Market Enforcement

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The US SEC’s controversial Chair, Gary Gensler, recently addressed a panel of senators, asking them to add even more money to the regulator’s enforcement budget. According to Gensler, it is necessary to do… Continue reading SEC Chair Gary Gensler Urges Congress to Allocate $109 Million for Crypto Market Enforcement

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Kuwait Bans Most Crypto-related Activities to Prevent Money Laundering

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Kuwait recently became one of the regions with the strictest anti-crypto laws in the world. Similarly to mainland China, Kuwait has almost prohibited the use of cryptocurrencies. Crypto users can no longer use… Continue reading Kuwait Bans Most Crypto-related Activities to Prevent Money Laundering

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Nasdaq Gives Up on Crypto Custody Plans due to Emerging Regulatory Challenges

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The US remains highly interested in engaging with the crypto industry. Even major institutions and financial services businesses are interested in adding crypto as part of their service. However, many of the largest… Continue reading Nasdaq Gives Up on Crypto Custody Plans due to Emerging Regulatory Challenges

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Digital Banking Platform Greenwood Sued By The Founders Of The Gathering Spot

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Greenwood, a black-owned digital banking platform, has been sued by The Gathering Spot’s founders, a members-exclusive club targeting black professionals. The lawsuit is connected to a $50 million acquisition that was announced in… Continue reading Digital Banking Platform Greenwood Sued By The Founders Of The Gathering Spot

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Top London Fintechs Call For A Review Of Legislation On Hidden Bank Fees

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Fintech companies in London are calling for an urgent review of the legislation pertaining to hidden bank fees in international payments. The fintechs that have called for the review are fifteen of the… Continue reading Top London Fintechs Call For A Review Of Legislation On Hidden Bank Fees

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Halifax Bank Partners With Effective Home To Promote Solar Panel Installations

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Halifax has announced a partnership deal with Effective Home to enable solar panel sourcing, installation and aftercare. The bank will be rolling out this offering as part of a new trial scheme. Halifax… Continue reading Halifax Bank Partners With Effective Home To Promote Solar Panel Installations

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eToro Faces A €1.3 Million Fine Over Misleading Information

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Italian competition watchdog, AGCM, has imposed a €1.3 million fine against the social and copy trading platform eToro. The agency has claimed that the European subsidiary of eToro shared misleading information about… Continue reading eToro Faces A €1.3 Million Fine Over Misleading Information

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XTX Profits From UK Operations Surpass £1 Billion In 2022

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. XTX Markets, one of the leading algorithmic trading platforms globally, has reported a significant increase in profits generated from its UK-based operations during the 2022 financial year. The profits realized by the company… Continue reading XTX Profits From UK Operations Surpass £1 Billion In 2022

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Flash Secured $6M Seed Investment In A Funding Round Led By Addition

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Flash, a fintech platform looking to promote financial inclusion in Africa, has raised $6 million in a seed funding round that was led by Addition. The Egyptian fintech offers cashless payment solutions to… Continue reading Flash Secured $6M Seed Investment In A Funding Round Led By Addition

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