SEC Decides To End Lawsuit Against Coinbase
Coinbase has announced that the U.S. Securities and Exchange Commission (SEC) plans to drop its case against the company. The case was about Coinbase running its crypto business without proper approval. Two years ago, the SEC first took action against...
UK Government Plans to Upgrade Gov.UK Pay with Open Banking
The UK government has announced a £49.2 million plan to add open banking technology to the Gov.UK Pay platform. According to the update, this will help improve digital payments across public services, making them faster and safer. The Government Digital...
ATFX Expands Trading Services With BlackArrow
ATFX has announced a new update that will help traders work better. It has partnered with Nelogica to offer BlackArrow, a smart trading platform, to its users. The company said this change will enable traders to easily follow markets, plan...
Banco Nacional Brings Bitcoin ETF To Costa Rica
Banco Nacional, one of Costa Rica’s leading banks, has introduced a new way for users to invest in Bitcoin. It has announced the launch of the country’s first Bitcoin exchange-traded fund (ETF). The bank said this ETF allows investors to...
MoonPay Appoints Derek Yu As New Treasurer To Strengthen Treasury Operations
MoonPay, a global leader in crypto payments, revealed that it has chosen Derek Yu as its Treasurer. Yu has experience in audit and treasury, most recently serving as Treasurer at Paxos, a regulated blockchain platform focused on tokenization. Yu helped...
Stelios Pallis Becomes Chief Technology Officer Of XS.com
XS.com said it has chosen Stelios Pallis as its new Chief Technology Officer. He posted the news on his LinkedIn page and said he was glad to take this role. Many in the industry are excited to see what he...
Two Partners With Avarda To Launch Integrated Payment Solution For Nordic Market
B2B payments company, TWO, is collaborating with Avarda, a provider of white-label payment solutions for consumers. Together, they are introducing a fully integrated payment system designed for businesses and consumers in the Nordic e-commerce market. However, details on whether this...
Hong Kong Moves Forward With SFC’s Roadmap For Virtual Asset Growth
The Securities and Futures Commission (SFC) has shared a new plan to help Hong Kong become a top place for virtual assets. It said the plan, called "ASPIRe," has five sections: Access, Safeguards, Products, Infrastructure, and Relationships. Each sectiion focuses...
GDS Plans To Implement Open Banking Feature For GOV.UK Pay
The Government Digital Service (GDS) has announced plans to introduce an open banking payment feature for GOV.UK Pay. A market notice has been published, signaling the intention to add functionality that will allow payments via application programming interfaces (APIs) connected...
Bybit Investigates Security Breach In ETH Cold Wallet
Bybit reported a security breach involving one of its ETH cold wallets, where a sophisticated exploit altered a transaction, allowing unauthorized fund transfers. The company confirmed that its other cold wallets remain secure, with no additional funds affected. Bybit is...
Forbes Adds 18 New Fintech Firms To Top 50 List
Forbes has released its annual Fintech 50 list for the tenth year, highlighting the fastest-growing Fintech businesses. According to the update, payment providers, B2B banking, and Wall Street-focused firms top the list, with 31 of the 50 picks coming from...
SFC Unveils 12 Key Steps To Strengthen Hong Kong’s Virtual Asset Market
The Securities and Futures Commission (SFC) has introduced 12 key steps aimed at improving the safety, growth, and new ideas in Hong Kong’s virtual asset market. These steps are part of the “ASPIRe” roadmap, which focuses on five areas: Access,...
Citi, HSBC, Morgan Stanley, And RBC Face Fines For Sharing UK Bond Prices
UK watchdog, the Competition and Markets Authority (CMA) has ordered HSBC, Citi, the Royal Bank of Canada, and Morgan Stanley to pay £104.5 million for revealing private data on UK bonds between 2009 and 2013. The regulator charged these banks...
Chase Sets New Limits On Zelle To Protect Users
JPMorgan Chase Bank (Chase) has announced new steps to protect customers from scams on Zelle. From March 23, the bank will block or delay Zelle payments if they seem to come from social media contacts. Chase said these changes will...
Capital on Tap Secures £750 Million For Growth
Capital on Tap, a top company that gives credit cards to businesses, has secured £750 million in new funding. This will help it grow and offer better support to small businesses in the UK and the US. The company said...