MiCA Grants Boerse Stuttgart Groundbreaking Crypto License In Germany
Boerse Stuttgart Digital Custody has become the first company in Germany to get a full license to handle crypto under the European Union’s new Markets in Crypto-Assets Regulation (MiCA). Boerse received a license for all of Europe as part of...
Revolut Adds New Feature To Fight Scams With In-App Calls
Revolut has launched a new in-app calling feature to improve customer safety. This feature is designed to help personal customers stay safe from impersonation scams. Revolut said these scams happen when fraudsters pretend to be banks or trusted people. They...
FCA Proposes Regulatory Easing To Support Financial Sector Growth
The UK’s Financial Conduct Authority (FCA) wants to help financial companies by simplifying some rules. This change might make it easier for these companies to do business and lower their costs. One idea is to remove the need for a...
Donald Trump Announces Support For Cryptocurrency Companies
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 Expands In India With $150 Million Acquisition of Axio
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...
PSR Shares New Plans To Improve Payments In The UK
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 to Pay $230 Million for Sales Misconduct
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 Breaks Records With $2.24 Billion In Daily Crypto Trading
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 Faces Backlash Over £160 Million Sale To IG Group
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 Faces Legal Issues Over KYC Violations in South Korea
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,...
eToro Moves Forward With Nasdaq Listing, Eyes $5 Billion Valuation
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 Signs New Deal With Revolut
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 Receives $75 Million In Bitcoin From Blockstream Partners
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 Introduces Simple Loan System For Crypto Fans
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...
Barclays And Synchrony In The Race For Apple Credit Card Deal
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...