Markets

SBI Holdings-owned crypto market maker known as B2C2 recently expanded into Singapore by opening a new office in the country. The firm’s next move is to apply for a Major Payment Institution (MPI) license. Why Singapore? B2C2’s opening of a...

Last week, the US Securities and Exchange Commission (SEC) updated the 19b-4 filings for Spot Ethereum ETFs. By changing the rules, the regulator expressed willingness to approve Ethereum ETFs, despite the SEC Chair Gary Gensler suggesting a likely denial. A...

One of the leading fintechs in the payments industry of Latin America recently announced a new acquisition of a regulated payment institution in Brazil, Transfeera. The move will allow PayRetailers to expand its business into Brazil and continue its growth....

MetaQuotes finally revealed the MetaTrader 5 platform’s beta build 4330, unveiling the details of the new upgrade to the popular trading solution. According to the company, the new beta build will include analytical tools for traders, as well as new...

The Commodity Futures Trading Commission (CFTC) recently ordered JPMorgan to pay $100 million in order to settle a CFTC probe. The probe concluded that the bank failed to monitor billions of client orders that passed through its systems over a...

Spanish banking group Banco Bilbao Vizcaya Argentaria, (BBVA) is increasing its use of artificial intelligence, agreeing with OpenAI to begin implementing ChatGPT to thousands of employees. The first European bank to partner with OpenAI, BBVA has started using 3000 ChatGPT...

SilverRock Bank has earned banking approval from the Prudential Regulation Authority after completing a £50 million financing round. The startup plans to focus on forward-flow financing and buying portfolios, helping particular lenders and non-bank and building societies. The income from...

Barclays Bank and Capri Ventures have both provided funds for Velotix. The software company uses artificial intelligence technology to safeguard vital digitally transmitted or stored information. With the latest investment, Velotix aims to enhance its systems and offerings. This initiative...

Revolut, a global financial application used by over 40 million people, has shared news about the development of its global transfer feature. The firm wants to introduce 14 new payment channels in nine African nations, backed by three digital wallets:...

OKX cancelled its request for a license to offer digital asset services in Hong Kong. The firm also wants to stop providing centralized digital asset trading services for customers in the country starting May 31, 2024. The company made this...

Guavapay, a prominent global fintech firm, has decided to work together with card and digital payments giant Visa. Both companies want to start an Out of Home (OOH) program across London. The goal of this partnership is to make more...

The Commodity Futures Trading Commission in the United States has fined a unit of JPMorgan $200 million because it didn't catch billions of orders in its watching systems from 2014 to 2021. However, it only needs to give $100 million...

The High Court will reconsider whether to send Do Kwon to South Korea or the US because the Appeal Court in Montenegro accepted an appeal from the Co-Founder of Terraform Labs and his lawyers. It was reported that the country's...

Zopa Bank has signed a deal with Octopus Energy as it enters the United Kingdom's £23 billion Green energy industry. It will offer Octopus Energy customers nationwide access to its suite of buy now, pay later, and retail finance products....

Velotix has revealed that Barclays Bank and Capri Ventures contributed majorly to its funding round. The software company uses artificial intelligence technology to safeguard vital digitally transmitted or stored information. With the latest investment, Velotix aims to enhance its systems...