Markets

Zodia Markets, supported by Standard Chartered, has been given a new operating license by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). Thanks to this license, the platform can now operate a crypto brokerage. Zodia Markets...

Deus X Pay, a company that helps with stablecoin payments, has rebranded its operations. The company wants to change international payments by using smart tools to make them faster and easier. Previously called HAYVN, Deus X Pay has shifted its...

StoneX Group Inc. recently shared news about important changes in its leadership. According to the report, Philip Smith has been appointed as the new Group Chief Executive Officer (CEO), taking over from Sean O'Connor, who will become the Executive Vice-Chairman....

The popular cryptocurrency options trading platform Deribit has announced that it will start offering spot and derivatives trading in Dubai from January 1, 2025. The company plans to move all of its activities to its Dubai-based entity. This includes transferring...

Taiwan’s Financial Supervisory Commission (FSC) will introduce new anti-money laundering (AML) rules for the crypto industry. These new rules will start on November 30, which is earlier than expected, according to The Block. The new rules say that cryptocurrency companies...

Britons are spending more on their pets this Christmas, with sales of pet treats, toys, and food seeing a huge increase. According to reports, sales of Christmas pet items are up 964% at Waitrose online. At John Lewis, sales of...

Laurent Danesi has been promoted to Chief Innovation Officer at smartTrade Technologies. Danesi is a technology expert with over 20 years of experience at the company. He first joined smartTrade Technologies in 2004 as a System Architect. Danesi has held...

Mastercard and BCP Group, a bank from Morocco, have teamed up to make cross-border payments easier and faster. This partnership aims to improve how transactions work and help boost economic growth in the region. According to the announcement, the alliance...

Coinbase has announced that it will stop giving USDC rewards to users in the European Economic Area (EEA) from December 1. This decision was made because of new rules under the Markets in Crypto-Assets (MiCA) regulation, the exchange explained in...

Reports revealed that crypto took years before people began to take it seriously as an investment. After Bitcoin was introduced, many did not understand its technology and thought digital currency was unrealistic or risky. Over time, crypto has become a...

Spendesk, a France-based platform that helps manage business spending, has rolled out a new financial services division. This division operates with a special licence from the Autorité de contrôle prudentiel et de résolution, giving Spendesk full control over how it...

A new blockchain banking app named Bleap has raised $2.3 million in pre-seed funding. Former Revolut employees Joao Alves and Guilherme Gomes are behind the project. It is supported by Ethereal Ventures, led by Joe Lubin, the founder of Consensys....

ACY Securities has strengthened its institutional arm, ACY Connect, by choosing Phil Kim as its Director of Institutional Sales for Asia. The company said Kim will lead business growth across the region. Kim has nearly 20 years of experience in...

Two former Revolut workers have raised $2.3 million in pre-seed funding to build Bleap, an app for stablecoins with its debit card. Revolut wants to grow its crypto platform, Revolut X, by adding 30 new markets in the European Economic...

FINRA has fined tastytrade, a retail trading platform in Chicago, $30,000 for not properly watching over its employees outside securities accounts. This happened between July 2021 and June 2023. FINRA said tastytrade did not look after around 84 accounts that...