Markets

Fireblocks recently joined Stablecoin Standard — the global industry body for stablecoin issuers. The company became Stablecoin Standard’s newest industry partner, with the goal of helping establish governance and security standards for stablecoin issuance. The stablecoin market continues to grow...

Australia’s Commonwealth Bank, also known as CommBank, recently announced that it was able to cut customer scam losses in half for the Financial Year 2024 (FY24). The bank said that it achieved this by using a combination of new anti-scam...

The Association for Financial Markets in Europe (AFME) recently published a new roadmap focused on European Sovereign, Supranational, and Public Agency (SSA) bond issuers, as well as the EU and UK regulators and policymakers. The roadmap is known as “Scaling...

Bilt Rewards, a neighborhood loyalty platform, recently concluded a funding round that allowed it to raise $150 million. The successful round also helped raise the company’s valuation to $3.25 billion. Bilt Rewards’ concludes its second funding round in 2024 The...

A recent report by KPMG revealed that fintech investments have seen a global decline in 2024 so far. The first half of 2024 has seen 2,255 related deals, totaling in $51.9 billion, and while the figure is still high, it...

The Australian Securities and Investment Committee (ASIC) recently signed its first Memorandum of Understanding (MoU) with Vietnam’s State Securities Commission (SSC). The MoU was signed in Sydney on August 2, and its goal is to support information sharing under a...

The Monetary Authority of Singapore (MAS) recently granted the Major Payment Institution license to HashKey’s over-the-counter trading arm. HashKey OTC gains the official Major Payment Institution license The MAS granted HashKey the license under the Payment Services Act 2019, and...

Lloyds Banking Group recently hired a new lead for its AI and analytics unit. The role was filled by Rohit Dhawan, who is also an executive at Amazon Web Services (AWS). Lloyds has hired a leader for the new AI...

The forex market has seen no shortage of volatility on a global scale in July of this year, especially when it comes to the declining USD and Japanese yen. This led the average daily volume for forex trades in Europe,...

Next Generation, an up-and-coming French startup, recently teamed up with an Irish electronic money institution, Decta. The partners intend to create a new euro-pegged stablecoin known as EURT. EURT revived: The new crypto regulations will allow the project to take...

The forex trading space experienced more executive changes than usual, yet there were notable developments within the sector. Significant updates in the industry include Sam Chaney’s departure from NAGA Group and Ameer Alhindi's joining SquaredFinancial as Head of Risk Management....

Exness, one of the biggest online brokers in the world that offers multiple trading assets, has launched its largest global brand campaign yet. This event is known as "Born to Trade." Exness has released a powerful video advertisement revealing the...

Xapo Bank, a digital bank licensed in Gibraltar for cryptocurrency business, has extended its services to the United Kingdom. It is now the first licensed bank in the UK to provide an account that earns interest in both USD and...

Kai Kono recently announced on LinkedIn that he is now the Managing Director and Head of APAC, at EDXM Global. In this role, Kono will lead the company's efforts to grow internationally. Based in Singapore, EDXM Global is supported by...

Stock trading app Freetrade announced that it will leave the Swedish market and concentrate only on its business in the UK. The company intends to tell its customers on Friday that it is ending its operations in Sweden, the only...