Markets

Donald Trump, who will soon begin his second term as President, has plans to help cryptocurrency companies. He wants to reduce rules that experts believe make it hard for these companies to grow. Trump believes cryptocurrencies, like Bitcoin, should have...

Amazon has decided to acquire Axio, an India-based buy now, pay later company, in a deal that is said to be worth over $150 million. Axio was created by merging three companies: Capital Float, Walnut, and Walnut369. It helps online...

The Payment Systems Regulator (PSR) has shared its new goals for the next two years. The agency said this is part of its review of the five-year plan to improve payment systems in the UK. It also said payments are...

American Express has agreed to pay $230 million following investigations into its business practices. According to reports, the company was accused of misleading customers about tax benefits and selling credit cards using unfair methods. Officials said the penalties will settle...

Wintermute, a major cryptocurrency trading firm, shared exciting news about its growth in over-the-counter (OTC) trading during 2024. This shows a big jump in how institutions are starting to like and use cryptocurrency, and this trend is expected to grow...

Freetrade is facing criticism from its early investors following its £160 million sale to IG Group, a deal valued over 25% lower than its last fundraising estimate. A Freetrade representative noted that the sale still resulted in early investors making...

Upbit, South Korea’s biggest cryptocurrency exchange, is facing a lot of problems with the law. The platform was accused of not following the rules for checking who its customers are, known as Know Your Customer (KYC) rules. Because of this,...

After facing various challenges, eToro has secretly submitted plans for an initial public offering (IPO) in the U.S., aiming for a value of more than $5 billion, according to reports. If this happens, eToro could join other top companies like...

Manchester City Women has announced a new partnership with financial technology company Revolut. This is Revolut’s first time working with women’s football. The agreement will help Manchester City Women gain more attention both in the United Kingdom and across the...

Komainu Holdings, a cryptocurrency company that helps keep digital assets safe, has received $75 million worth of Bitcoin. The funds come from Blockstream Capital Partners, a group that focuses on blockchain technology. According to the company, this investment, which still...

Coinbase has announced a new service that helps Americans borrow money using Bitcoin. The exchange said on Thursday that people can now borrow up to $100,000 in USD Coin (USDC) by using their Bitcoin as a backup. This service is...

Apple is reportedly negotiating with Barclays to take over from Goldman Sachs as the company’s credit card partner, according to two sources close to the matter. This happens as Goldman Sachs steps away from its plans to focus on consumer...

XTB, a popular financial company, has chosen Aleksander Chłopecki to lead its Supervisory Board. The company said this choice is key to enhancing its management. Chłopecki is famous for his knowledge of law and finance. The announcement was shared by...

Lloyds Banking Group is planning to close its contact centre in Liverpool this year, making about 500 workers travel to Chester for work. The bank is also planning to cut hundreds of jobs. According to Lloyds, closing the Liverpool contact...

Andrey Dashin’s Exinity is seeing major changes in its management team. The company said senior executives will leave in the first quarter of this year. These executives are Matthew Wright, the Group Chief Operating Officer; Behram Nasir, the Group General...