American zero-commission broker Robinhood is contemplating the launch of stablecoins, following a similar move by Revolut. A spokesperson for Robinhood stated that the company has “no imminent plans to launch this offering,” but did not completely dismiss the report. Robinhood...

Bank of America (BoA) has unveiled a new solution to support parents in helping their children start their financial journey. The bank’s SafeBalance Banking® for Family Banking offers parents tools and resources to teach their children healthy money habits in...

First Abu Dhabi Bank (FAB) has completed a pilot project involving programmable payments using JPM Coin, according to a press release issued by the bank. The pilot was conducted in collaboration with Onyx, a blockchain-based platform developed by J.P. Morgan....

Chime Financial is reportedly planning to select Morgan Stanley to lead its initial public offering (IPO), which is set for 2025. Chime has yet to officially confirm these reports, as the company declined to comment when reached. Similarly, Morgan Stanley...

Robinhood is now thinking about introducing stablecoins, according to a report. However, a spokesperson for Robinhood noted that the company has no immediate plans to roll out this offering, but it did not deny the report. Robinhood started as a...

The US government has charged two Russian nationals for allegedly running a money laundering scheme worth billions of dollars. This operation has been disrupted by law enforcement agencies, who seized websites linked to illegal cryptocurrency exchange activities. According to the...

eToro, a popular trading and investing platform, has revealed its plans to buy the Australian app Spaceship. The deal is worth up to AUD 80 million ($55 million). It shows that eToro wants to grow in the savings market and...

NordFX says it now offers automated withdrawals. This means clients can access their money quickly without delays. This new feature is an upgrade for the company as it keeps working to offer better services to traders everywhere. The new system...

FxPro UK, a retail broker based in London, has reported its financial results for the year ending December 2023. The report, published by Companies House UK, indicates that the company has returned to profitability, aided by a significant increase in...

The Cyprus Securities and Exchange Commission (CySEC) has introduced new regulations for investment firms offering fractional shares. The aim is to clarify when these investments qualify as direct share ownership under the European Union's MiFID II. This update seeks to...

Dubai's Virtual Asset Regulatory Authority (VARA) has announced plans to place tougher requirements on firms that operate in the cryptocurrency investment sector. According to the regulator, the promotional materials of these companies must henceforth include a disclaimer as a means...

Kraken, a leading cryptocurrency exchange, has entered into a sponsorship deal with German Bundesliga football club RB Leipzig. According to the company, this partnership is focused on increasing crypto adoption among German football fans. The sponsorship will allow fans to...

Binance, the world’s largest cryptocurrency exchange by trading volume, has introduced a new feature called Binance Pre-Market, allowing users to trade tokens before their official listing on the spot market. According to the company, this feature provides early trading opportunities,...

The UK branches of the American trading company, Citadel Securities (CS), have shared their financial results for 2023. Together, their profit went up by 35% from the year before. Two new reports from Citadel Securities Group’s companies were submitted to...

Sucden Financial has appointed Rob Noyce as its Head of Exchange-Traded Derivatives. The company said Noyce will lead its non-London Metal Exchange trading business. He will focus on expanding Sucden’s multi-asset execution, liquidity, and clearing services. According to the update,...