Former Attorney at the Department of Justice Criminal Division Comments on SEC’s Move to Support Crypto Innovation

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The new Trump administration has moved quickly to reverse the Biden administration’s anti-digital asset innovation policies. This week, Commissioner Mark Uyeda was selected as the acting Chair of the SEC. His first act was to create a Crypto Task Force led by Commissioner Hester Peirce,… Read More

 

 




SBI Payments Partners with Pine Labs

SBI Payments and Pine Labs announced an expanded strategic alliance, building on their long-standing 12-year partnership. SBI Payments is a JV formed between Indiaā€™s commercial bank, State Bank of India, and Hitachi Payment Services Pvt. Ltd. As covered, Pine Labs is a merchant commerce platform…. Read More

Crypto Payments Gateway Alchemy Pay Partners with Morph

Alchemy Pay, a fiat-crypto payment gateway, has announced its partnership with Morph, a global consumer layer for driving blockchain adoption. This collab integrates Morph into Alchemy Payā€™s supported network, thus enabling “acquisition and selling of USDC, USDT and ETH on Morph through local fiat currencies… Read More

SEC Files Charges Against Former AI CEO, Wife

The Securities and Exchange Commission (SEC) has filed charges against the CEO of a startup artificial intelligence (AI) firm and his wife. The SEC alleges fraud involving fake audit reports and other financial documents. A criminal indictment has simultaneously been revealed, charging the duo with… Read More

Fintech Stripe Reduces Workforce by 300 Amid Business Restructuring

In a move that has sent ripples across the fintech and broader financial services sectors, Stripe, the global payment processing giant, announced a reduction in its workforce by 300 employees. Financial infrastructure firm Stripe’s management claimed that this restructuring is reportedly part of a broader… Read More

Pomelo Group Announces Acquisition of Singapore Fintech Arrow Checkout

Pomelo Group has completed the acquisition of Singaporean FinTech payments company Arrow Checkout. The firm was established back in 2021 by leading Payments professionals from Grab and Tencent. Arrow offered eCommerce and checkout payments technology, was backed by Y Combinator, and raised funding “from Peak… Read More

Clutch Announces $65M Series B to Assist CUs with Leveraging Financial Technology

ClutchĀ says it is turning credit unions into Fintechs, and with the successful completion of a Series B funding round, is equipped with $65 million toĀ  transform the way credit unions deliver products and services to the members and communities they serve. The Series B investment… Read More

Checkout.com Reports 45% YoY Growth, Now Focused on Achieving Profitability

Checkout.com, a digital payments company, announces a profitable end to 2024 and 45% YoY net revenue growth in its core business, which serves the commerce and fintech sectors and reportedly accounts for “95% of total volumes.” These milestones underscore the companyā€™s commitment to “delivering the… Read More

Perspective: President Trump Ends Effort to Create a Global Corporate Tax, a Smart Move for the Country

President Donald Trump sent a memorandum to the incoming Secretary of the Treasury announcing the end of the Global Tax initiative established under the Biden Administration. There are many reasons why the Global Tax was a bad deal to begin with, and Trump’s action is… Read More

House Financial Services Committee Chairman, Fintech Subcommittee Chair Issue Statement on President Trump’s Executive Orders Relating to Digital Assets, AI

Representative French Hill, Chairman of the House Financial Services Committee, and Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee Chairman Bryan Steil have posted a comment following President Trump signing Executive Orders relating to digital assets and AI. Yesterday, Trump reaffirmed his commitment to supporting… Read More

Real World Assets (RWAs) : Whinfell to Offer Up to $5B of Asset Capacity onto Plume Network

Plume Network, the first full-stack L1 RWA Chain for RWAfi (Real World Asset Finance), announced its partnership with Whinfell Partners LLC to introduce a range of “institutional-grade” credit instruments and diversified yield-bearing assets to its ecosystem. Leveraging Plume’s flagship staking protocol Nest, Whinfell will bring… Read More




Alloy and Q2 to Provide Fraud Monitoring Solution for Banking Institutions

Q2 Holdings Inc. (NYSE: QTWO), a provider of digital transformation solutions for financial services, announced a strategic partnership with Alloy, an identity and fraud prevention platform provider, to deliver a joint ongoing fraud monitoring solution for Q2 Digital Banking customers. Powered by Alloyā€™s centralized identity… Read More

Digital Asset Insiders Comment on Trump Executive Order Supporting Crypto

Yesterday, President Donald Trump signed an Executive Order supporting digital asset development. The order seeks to ensureĀ US leadership in digital financial technology. A working group will soon be established chaired by the White House AI & Crypto Czar, David Sacks, and include the Secretary of… Read More

Method Financial Reports $41.5M Series B Funding Round

Method Financial, a provider of consumer permissioned financial connectivity, raised $41.5 million in its latest Series B funding round led by Emergence Capital with participation from avra and Samsung Next, and existing investors Andreessen Horowitz, Y-Combinator and Ardent Venture Partners. This fundraise brings the total… Read More

BX Digital and BX Swiss Team Up with Chainlink to Provide Pricing Data Onchain

BX Digital and BX Swiss announced a partnership with Chainlink, the standard for onchain finance, to bring critical pricing data for Swiss-based equities onchain. BX Digital is a sister company of the Swiss exchange BX Swiss ā€“ both are part of Boerse Stuttgart Group, the… Read More

OKX Secures Markets in Crypto-Assets Regulation (MiCA) Pre-Authorization

OKX announced that their platform is reportedly the first Virtual Financial Assets (VFA) exchange to secure a Markets in Crypto-Assets Regulation (MiCA) “pre-authorization.” Upon receipt of a full MiCA license, OKX said they will offer “localized” crypto services to over 400 million Europeans via its… Read More

Investing Platform eToro Partners with Stocktwits

Trading and investing platform eToro announces a partnership with Stocktwits, which claims to be one of the worldā€™s largest social media platforms for traders & investors. The first phase of the collab reportedly includes Stocktwits adding a ā€˜tradeā€™ button on their site for “all assets… Read More

European Digital Bank N26 Announces Free Stocks and ETF Trading for Clients

N26 announced free stocks and ETF trading for all customers from 27 January 2025 onwards, enhancing its investment proposition as the “only” financial service provider in Europe to offer trading “without charging fees or commissions.” With this decision, N26 aims to make investing even more… Read More

Majority of Businesses Lack Defined Spend Management Policies Despite Growth Potential – Payhawk Research

A robust spend culture is key to unlocking business potential, with 61% of CFOs highlighting its importance for growth, yet few have struck the “right balance between autonomy and control,” research from Payhawk reveals. The research, conducted by independent research house Coleman Parkes, surveyed 1,000… Read More

Guggenheim Investments Announces Private Debt Vehicle Backed by Allianz Global Investors

Guggenheim Investments announced the closing of an approximately $400 million vehicle that will invest in Guggenheimā€™s private debt strategy. The transaction was reportedly led by Allianz Global Investors (AllianzGI). As stated in the announcement, a group of funds managed by StepStone Group (NASDAQ: STEP, ‘StepStone’)… Read More

Damaging SEC Staff Bulletin that Undermined Digital Assets, SAB 121, Revoked

SEC Staff Accounting Bulletin (SAB) 121 is no more. Today, SAB 122 rescinded the guidance of SAB 121 – the bulletin that “expressed the views of the staff regarding the accounting for obligations to safeguard crypto-assets an entity holds for platform users.” Effectively, this made… Read More

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