Markets

Crypto exchange Binance has partnered with Gulf Innova for a joint venture cryptocurrency exchange known as Binance Thailand. This exchange has now gone live and already supports digital asset trading. https://twitter.com/binance/status/1747137014447722711 Gulf Binance CEO Nirun Fuwattananukul noted that the launch...

Saxo Bank recently revealed that it has joined the ever-expanding ecosystem of FairXchange. The move will allow it to enhance and improve its data-driven dialogue with Liquidity Providers (LPs). Moving forward, FairXchange will provide the bank with its own liquidity...

Morgan Stanley recently agreed to pay $249 million to settle fraud charges brought up by the US Securities and Exchange Commission (SEC). The regulator sued the bank after discovering that it failed to enforce information barriers in regard to the...

The crypto community celebrated last week as the US Securities and Exchange Commission (SEC), the country’s securities regulator, finally approved spot Bitcoin ETFs, after a full decade of rejections. However, Bitcoin reacted with a short-lived surge, which then turned into...

The UK-based fintech firm Carmoola recently secured a £15.5 million equity investment from a number of investors. The funds came from VentureFriends, QED Investors, AlleyCorp, InMotion Ventures, and u.ventures. Carmoola emerged as an attempt to improve the used car market...

Do Kwon, the former CEO of Terraform Labs, recently requested a delay for his upcoming US Securities and Exchange Commission (SEC) trial. The trial, which is to be held in US court, needs to be delayed as he is still...

In a notable decision, the US Securities and Exchange Commission (SEC) has given the green light to 11 bitcoin spot ETFs, making way for mass acceptance and utilization of digital assets. Trading for the funds begins in the market opening...

A recent report reveals that there has been a 24% rise in fintech employment in Scotland. This upsurge is driven by various factors, including a continued number of international companies settling in Scotland, a growth in the maturity level across...

In a press release on Thursday, January 11, Rivero, a Swiss-based FinTech firm, revealed some information about its Series A funding round. The funding is aimed at accelerating the company's growth into new markets. It will also boost both workforce development...

James Hopkinson, the Chief Financial Officer of Metro Bank, has resigned from his position as an executive director with immediate effect. He worked at the company for less than two years. In a recent statement, the bank stated that Cristina...

Atlanta-based Global Payments Inc. (NYSE: GPN), the top global provider of payment technology and software solutions, has collaborated with Commerzbank (FRA: CBK), a notable German-based bank. Commerzbank specializes in serving small and medium-sized enterprises in Germany with a remarkable presence...

TrueLayer, an Open Banking payments network based in the UK, has become the first SEPA Payment Account Access Scheme participant. SPAA, established in 2021, aims to redefine the landscape of A2A payments in Europe. The Chief Executive Officer of TrueLayer,...

The U.S. Securities and Exchange Commission (SEC) has slammed a $259 million fine on Morgan Stanley for the company's failure to adhere to strict guidelines on its block trading practices. According to the SEC, Morgan Stanley failed to enforce information...

Terra's former Chief Executive Officer, Do Kwon, has requested that his securities fraud trial be delayed to enable him to stand trial in person. Kwon was caught in Podgorica's airport by security agencies and has been held in Montenegro, where...

A survey by the Centre for Financial Capability, an education charity, discloses that almost a quarter of individuals who have used the Buy now pay later (BNPL) services are charged late payment fees. Despite these late payment charges, more people...