Markets

The Federal Financial Supervisory Authority (BaFin) has taken legal action against N26 Bank AG for failure to report dubious actions in 2022. Due to this, BaFin will enforce a 9.2 million EUR fine on the financial institution. Addressing these issues,...

Global financial technology company Unlimit has revealed a partnership deal with DEUNA, a streamlining and commerce enhancement platform. The partnership seeks to improve cross-border payment methods for business organizations in Latin America (LATAM). According to NTT data and a 2023 report...

Bybit has revealed that it has garnered more than 30 million customers in its ecosystem. This number includes many registered users from different parts of the world. According to the recent update, this success has secured Bybit's position as a...

A newly introduced bill proceeding through the House Financial Services Committee aims to transform the banking industry. This could give banks an advantage and force merchants to handle billions in extra costs. The debit card exercises far more control than...

Cboe Europe Derivatives (CEDX), a trading platform developed by Cboe Global Markets to facilitate the trade of equity derivatives, has announced Interactive Brokers as its new partner. The broker aims to enable its customers to access the many equity options...

The UK's Financial Conduct Authority has announced that WisdomTree can now offer two cryptocurrency exchange-traded products to UK users. These products will be available soon on the London Stock Exchange. WisdomTree Boasts $112 Billion In Managed Assets WisdomTree is a...

The Federal Financial Supervisory Authority (BaFin) has advised consumers to be cautious of pepperstone.vip, an imitation of retail brokerage firm Pepperstone GmbH. The regulator issued this warning after discovering that the platform offered investment and financial services without approval. The...

Stripe is strengthening its presence in the UK, opening a main office in London. It’s also starting its first open-banking payment method and new funding options for small businesses. The UK is Stripe's second biggest market, with about 600 businesses joining...

Goldcrest Capital Limited has announced that it saw significant growth in its business as of 2023. The company has extended its operations beyond Forex and CFDs. In 2023, Gildencrest's revenue surpassed £7.55 million, a 53 percent rise compared to the...

OKX, a renowned platform for trading cryptocurrency, has announced a partnership with an institutional credit network, Hidden Road Partners. The trading platform is set to expand its institutional trading offerings. With this collaboration, Hidden Road's customers can now access OKX's...

Genesis Global, a bankrupt digital asset lending company, has been approved by the Court to allocate $3 billion in cryptocurrencies and cash to its creditors. However, the ruling prevents its parent company, Digital Currency Group (DCG), from getting any compensation...

Kudos has secured $10.2 million in a financing round spearheaded by QED Investors. The funding will support the development of Kudos, an AI-driven shopping assistant and Smart Wallet. Other contributors to the round include the Four Cities Fund, Newtype Ventures,...

GB Bank, which helps small property developers and investors fund their projects, has received £85 million in extra funds. Moreover, this extra fund was disbursed by a new investor, Hera Holdings, and an existing investor, the Teesside Pension Fund. GB...

The Financial Conduct Authority (FCA) has charged some well-known social media influencers, including Lauren Goodger, a former star of "The Only Way is Essex" (TOWIE), for promoting an illegal trading scheme to their followers. The Financial Conduct Authority asserts that...

Mastercard has invited five startups from different regions of the world to participate in its Start Path Blockchain program. The program is mainly organized for cryptocurrency and blockchain purposes. The program is designed to allow industry professionals and FinTechs to...