Markets

The UK is seeing a major shift in online banking, as the local neobanks have surpassed traditional banks in mobile app downloads. This is the first time this has happened, and it represents a major achievement for the emerging challenger...

Crypto holders in South Korea reportedly increased in November after Donald Trump became the President of the United States. On Dec. 25, the number of people using crypto in the country rose by 610,000. Representative Lim Kwang-Hyun from the Democratic...

The European Payments Council has issued a request for proposal (RFP) for an API Test Toolbox to help with the Verification of Payee (VOP) plan. The VOP scheme, created by the EPC, will start on 5 October 2025. It gives...

Gate Group, which owns the cryptocurrency exchange Gate.io, has taken full ownership of Coin Master Co., Ltd., a Japanese cryptocurrency company. The deal was carried out by Gate Information PTE. LTD., a firm in Singapore that is part of Gate...

The Association for Financial Markets in Europe (AFME) has published its ESG report for the third quarter of this year. This report focuses on developments in sustainable finance and shows important changes in how money is used for environmental, social,...

Alpha Capital Group, a company from London that does trading, has earned “tens of millions” in revenue over the last three years. The company started in late 2021, and in its second year, its earnings grew by 846%. In the...

During the Finance Magnates London Summit (FMLS:24), Drew Niv, the Chief Executive Officer of TraderTools and Chief Strategy Officer at ATFX, gave his opinion regarding the changing world of crypto, prop trading, and the brokerage industry. While talking to Yam...

The European Payments Council (EPC) has announced a new request for proposal (RFP) for selecting a technology service provider. The Council revealed that the provider will handle creating and running a test space for the VOP API. The VOP scheme...

Kama Capital has promoted Mohammed Omayer to Head of Compliance. On LinkedIn, he noted that he is happy to be the new Head of Compliance at Kama Capital. Before taking on this role, Mohammed worked as a Compliance Officer at...

Reports revealed that MicroStrategy has continued to buy Bitcoin, adding 2,138 BTC for $209 million to its collection. This purchase was reportedly done on December 29, marking the eighth week in a row that the company has bought Bitcoin. MicroStrategy...

South Africa’s Financial Sector Conduct Authority (FSCA) revealed earlier this month that it had approved licenses for 248 companies to operate as crypto asset service providers. The regulator denied nine applications, while decisions on 56 more applications are still pending....

Polish fintech company XTB has recently secured two important regulatory approvals, one in Indonesia and another in the United Arab Emirates (UAE). These new licenses will help the company grow its international presence outside Europe. The approval in Indonesia allows...

Global banks are beginning to take an interest in stablecoins, inspired by the success of Tether. According to reports, some banks are already involved, with SG-Forge, a branch of Societe Generale, launching its euro-backed stablecoin for private investors earlier this...

Italy’s data protection authority has fined OpenAI’s ChatGPT €15 million for an alleged data leak and the wrong use of personal information. According to the regulator, the probe was launched in March 2023. The Italian Data Protection Authority (IDPA), also...

Fiserv, a leading company in payments and financial services technology, has revealed that it has reached an agreement to buy Payfare Inc. This deal will help Fiserv get better at offering easy financial tools, like Payfare's card program, special app,...