January 4, 2025 @ 7:42 am By Omar Faridi  |  

Imrich (Imo) Bábics, Chief Growth Officer at Relai, noted last week the company added 13 BTC to their balance sheet, bringing the total Bitcoin holdings in our corporate treasury to 30 BTC. Bábics has shared why they are doing this. He claims that it is… Read More

January 4, 2025 @ 6:43 am By Omar Faridi  |  

As the web3 and blockchain industry prepares to close out the year 2024, the team at Crypto.com has made several important announcements. Crypto.com customers in Singapore are now able to donate to the Salvation Army by paying in crypto, with plans to further expand the… Read More

January 3, 2025 @ 4:51 pm By Omar Faridi  |  

Bitso, the crypto-driven financial services company in Latin America, has recently marked its 10th year of year operations in 2024 by announcing that its Bitso Retail division has surpassed 9  million users globally, “tripling its customer base in just three years.” As of December 2024,… Read More

January 3, 2025 @ 4:50 pm By Omar Faridi  |  

BitStaete Asset Management has reportedly obtained its MiCA License as a crypto-assets manager. As of December 30, 2024, all crypto service providers must comply with the European Markets in Crypto-Assets regulation (MiCA). MiCA are EU rules that regulate all digital assets except crypto deemed to… Read More

January 3, 2025 @ 12:42 pm By Omar Faridi  |  

In a development that underscores Binance’s commitment to adhering to   regulatory standards globally and regionally, they claim to have secured approval from the Central Bank of Brazil for the acquisition of Sim;paul, a broker-dealer licensed in Latin America’s most populous nation. According to the update… Read More

January 3, 2025 @ 10:14 am By Omar Faridi  |  

Gilles Gade, Founder and CEO at Cross River Bank, said that when he thinks of 2024, he’s reminded of a quote by the Austrian philosopher Viktor Frankl: “When we are no longer able to change a situation – we are challenged to change ourselves.” As… Read More

January 3, 2025 @ 9:11 am By Omar Faridi  |  

Doconomy, an impact fintech company providing banking platforms with innovative tools to drive financial wellbeing and actionable sustainability, has  announced a partnership with European bank, KBC. KBC sought to find the best solution to help younger generations – in particular those aged between 18 to… Read More

January 3, 2025 @ 8:47 am By Omar Faridi  |  

MoonPay says it has secured approval under the Markets in Crypto-Assets (MiCA) regulation. Ratified by the European Parliament in April 2023, MiCA establishes a unified regulatory environment for digital assets “across the European Economic Area (EEA)—the world’s second-largest crypto economy behind North America.” MiCA aims… Read More

January 3, 2025 @ 8:16 am By Omar Faridi  |  

Max Rabinovitch, Chief Strategy Officer at Chiliz & Socios.com, has shared key insights with CI, reflecting on the most impactful developments of 2024 and predictions for the year ahead. As noted in the update, the Chiliz Chain is the Layer-1 blockchain for sporting brands to… Read More

January 3, 2025 @ 7:10 am By Omar Faridi  |  

Strictly Money Ltd, the London-based fintech, has recently launched a new crowdfunding campaign on Crowdcube to invite European investors to fuel its next phase of growth. Crowdcube, which claims to be one of Europe’s largest private market investment platforms, has powered initiatives such as Revolut,… Read More

January 3, 2025 @ 7:09 am By Omar Faridi  |  

Digital payments processing Fintech Checkout.com has reportedly cut staff members following significant sales losses. UK-headquartered payments processing Fintech Checkout.com has slashed nearly a quarter of its professional work-force after a considerable decline in reported revenue. As indicated in Checkout.com’s accounts for the financial year 2023,… Read More

January 2, 2025 @ 8:40 pm By Omar Faridi  |  

The Saudi Central Bank (SAMA) licensed “Hiberbay Ink Al-Saoudia for IT Systems” to provide E-wallet solutions. With “Hiberbay Ink Al-Saoudia for IT Systems,” there are now 27 licensed firms providng payments services across the Kingdom of Saudi Arabia. This decision reflects SAMA’s aim to support… Read More

January 2, 2025 @ 8:39 pm By Omar Faridi  |  

Identity verification APIs play a vital role in integrating applications in a way that establishes security, improves compliance, and streamlines user onboarding. This, according to an update from Prove. Prove explained that these tools are necessary for creating trustworthy digital ecosystems, as they address everything… Read More

January 2, 2025 @ 8:38 pm By Omar Faridi  |  

Harrison Seletsky, director of business development at digital identity platform SPACE ID, predicts 2025 will be the year privacy comes into focus as the EU launches the digital euro and organizations battle data leaks. He also expects to see a proliferation of AI agents launching… Read More

January 2, 2025 @ 4:57 pm By Omar Faridi  |  

The most profitable crypto narratives in 2024 are AI, which “recorded the highest average price gains of 2,939.8% year to date (YTD), followed by memecoins which saw returns of 2,185.1% YTD.” This, according to a report from CoinGecko. This makes the AI and memecoin narratives… Read More

January 2, 2025 @ 4:53 pm By Omar Faridi  |  

The initial public offering (IPO) market in the Asia-Pacific (APAC) region has demonstrated resilience in 2024, with a “sustained” upward trajectory despite a “high inflationary environment” and geopolitical tensions. This, according to a new research report. The APAC market witnessed a significant rise in IPO… Read More

January 2, 2025 @ 4:52 pm By Omar Faridi  |  

SlowMist has reportedly passed the audit conducted by the international  certification body, DNV Management Services Group, and obtained the ISO/IEC 27001:2022 Information Security Management System Certificate (with recognition from CNAS and UKAS). This signifies that SlowMist’s information security management system meets international standards, “elevating its… Read More

January 2, 2025 @ 4:49 pm By Omar Faridi  |  

WeLab noted that in 2024, their regional expansion strategy has achieved considerable success, with the group now serving nearly 70 million users across Hong Kong, Mainland China, and Indonesia. According to the update from WeLab, this momentum propels them closer to their ambitious goal of… Read More

January 2, 2025 @ 1:05 pm By Omar Faridi  |  

With 2025 fast approaching, the San Diego-based financial literacy platform, Benji, is helping individuals save more and shape up their finances in the new year. According to a survey by the Pew Research Center, 61% of U.S. adults make New Year’s resolutions relating to “money… Read More

January 2, 2025 @ 11:32 am By Omar Faridi  |  

The Department of Justice (DOJ), on behalf of the Federal Trade Commission (FTC), filed an amended complaint in its lawsuit against Dave Inc. (Nasdaq: DAVE) on December 30, 2024. According to an update from Fintech firm Dave, this is “not a new lawsuit, and it… Read More