Markets

15 February 2025

Bybit Removed From France’s AMF Blacklist After Compliance Efforts

Bybit, a well-known cryptocurrency exchange, is no longer on France’s financial watchdog’s blacklist. The French regulator, Autorité des Marchés Financiers (AMF), had blacklisted Bybit in May 2022 for not following local financial rules. Back then, French authorities even warned people...

15 February 2025

Payoneer Expands in China with New Approval

Payoneer has received approval from Chinese regulators to buy a licensed payment service provider in China. The company said with the approval, it will be able to provide better and more efficient payment solutions for small and medium-sized businesses in...

15 February 2025

CFI Financial Opens New Office In Azerbaijan

Leading online trading provider CFI Financial Group has opened a new branch in Azerbaijan. The new office, called CFI Financial Investment Company (CFI Azerbaijan), is part of the company’s growth plan. CFI said this expansion brings top-quality financial services to...

15 February 2025

Zelle Reveals $1 Trillion In Transactions For Last Year

Zelle, a popular money-transfer service, shared exciting news this week. The company said users sent $1 trillion through its network last year. This was 27% more than what users sent two years ago. Zelle belongs to Early Warning Services LLC...

15 February 2025

Bitget Moves Into Bulgaria With New Crypto License

Bitget, a well-known cryptocurrency exchange, has received permission to operate as a Virtual Asset Service Provider (VASP) in Bulgaria. This approval allows the company to provide digital asset trading, storage, and transfers. The company is now preparing to follow new...

14 February 2025

HSBC To Reduce Banking Jobs Worldwide In New Plan

HSBC Holdings Plc is preparing to cut jobs in its investment banking division. This is part of a long-term plan to organize work more efficiently and lower expenses. Georges Elhedery, who became the leader in September 2024, is guiding these...

14 February 2025

Big Layoffs At Zepz As The Company Restructures Operations

Zepz, a British digital remittance company, is reducing its number of workers and closing business units in Kenya and Poland. According to reports, around 200 employees will be affected by these job cuts. Two former workers, who lost their jobs,...

14 February 2025

Coinbase Considers Reentering Indian Market After 2023 Exit

Coinbase is considering returning to India after leaving the country in 2023. The company has started talking to India’s Financial Intelligence Unit (FIU) to understand the rules and make sure it follows them. This move comes as India continues to...