Markets

Cryptocurrency exchange BingX has added Google Pay and Apple Pay to its platform. This move allows BingX users to buy cryptocurrency, making use of 30 various currencies and two different payment methods. With the aid of encryption techniques, Bingx promises...

According to reports, Russia has now made it legal to mine Cryptocurrency. This is a major change in how the country deals with digital assets. President Vladimir Putin signed a new law that sets clear rules for mining cryptocurrency and...

A US court has ordered FTX, the bankrupt cryptocurrency exchange, to give $12.7 billion in relief to its customers. The Commodity Futures Trading Commission (CFTC) shared the decision earlier this week. The decision followed FTX’s breakdown in late 2022, which...

The decision to send Kwon Do-hyung, also called Do Kwon, from Montenegro to South Korea has been delayed again. The Supreme Court in Montenegro decided this yesterday. The court will check if South Korea’s request to send him back is...

Marcus Fetherston has been chosen as the new General Manager at Blueberry Funded, a trading company run by Blueberry Markets. The recent director and Chief Product Officer at PropTradeTech, Fetherston has held several official positions before becoming a part of...

ClearBank, a company that offers real-time clearing and embedded banking services, has revealed its expansion into Europe. This decision is intended to address client demand for Euro settlements and Euro accounts. ClearBank Europe N.V. has received a Credit Institution Licence...

Piper Sandler, an investment banking company, recently agreed to pay $16 million in civil penalties. The fine is part of the firm’s settlement with the US regulators who investigated its record-keeping practices. The settlement was announced yesterday, August 6, and...

Fireblocks recently joined Stablecoin Standard — the global industry body for stablecoin issuers. The company became Stablecoin Standard’s newest industry partner, with the goal of helping establish governance and security standards for stablecoin issuance. The stablecoin market continues to grow...

Australia’s Commonwealth Bank, also known as CommBank, recently announced that it was able to cut customer scam losses in half for the Financial Year 2024 (FY24). The bank said that it achieved this by using a combination of new anti-scam...

The Association for Financial Markets in Europe (AFME) recently published a new roadmap focused on European Sovereign, Supranational, and Public Agency (SSA) bond issuers, as well as the EU and UK regulators and policymakers. The roadmap is known as “Scaling...

Bilt Rewards, a neighborhood loyalty platform, recently concluded a funding round that allowed it to raise $150 million. The successful round also helped raise the company’s valuation to $3.25 billion. Bilt Rewards’ concludes its second funding round in 2024 The...

A recent report by KPMG revealed that fintech investments have seen a global decline in 2024 so far. The first half of 2024 has seen 2,255 related deals, totaling in $51.9 billion, and while the figure is still high, it...

The Australian Securities and Investment Committee (ASIC) recently signed its first Memorandum of Understanding (MoU) with Vietnam’s State Securities Commission (SSC). The MoU was signed in Sydney on August 2, and its goal is to support information sharing under a...

The Monetary Authority of Singapore (MAS) recently granted the Major Payment Institution license to HashKey’s over-the-counter trading arm. HashKey OTC gains the official Major Payment Institution license The MAS granted HashKey the license under the Payment Services Act 2019, and...

Lloyds Banking Group recently hired a new lead for its AI and analytics unit. The role was filled by Rohit Dhawan, who is also an executive at Amazon Web Services (AWS). Lloyds has hired a leader for the new AI...