Global

We find Fintech news from around the world and share it with you here.

Crypto Compliance in the EU : VASP to CASP Transition Under MiCA Examined in New Report

As this year finally draws to a close, the European Union is said to be entering a somewhat decisive phase in its effort to harmonize digital asset regulation under the Markets in Crypto-Assets (MiCA) framework. This, according to an update from Hacken which also noted… Read More

Bitcoin Suisse to Enable Ethereum Privacy Infrastructure with Participation in Aztec Labs Token Offering

Bitcoin Suisse, Switzerland’s crypto finance service provider providing trading, staking, custody, and lending services, is participating in the token sale of Aztec Labs alongside Swiss institutional staking partner Solstice. This move reinforces their commitment to supporting fundamental infrastructure development that supports the smart contract powered… Read More

Securitize Reportedly Obtains EU Approval and Selects Avalanche for Deployment of European Trading and Settlement System

Securitize, the world’s platform for tokenizing real-world assets, announced that it has received the regulatory approval to operate as an Investment Firm and a Trading & Settlement System (TSS) in the European Union. As part of this authorization, Securitize said that it will launch its… Read More

UK Fintech GoCardless Partners with WilSon Energy to Slash Payment Costs

WilSon Energy, a provider of integrated heating and billing solutions for UK Heat Networks and District Heating schemes, has selected the bank payment company GoCardless to collect customer bills automatically. The move will help WilSon Energy achieve cost savings and simplify how customers pay down… Read More

Raiffeisen Bank International Joins European Payments Initiative as Acceptor PSP

Raiffeisen Bank International (RBI) has reportedly become a member of the European Payments Initiative (EPI) and acts now as an Acceptor Payment Service Provider (PSP). This latest step reinforces RBI’s commitment to contributing to a “unified and sovereign” payment ecosystem across Europe. Supported by 14… Read More

UK Business Professionals Expect Responsible AI to Become Key Advantage : Research

Experian, the global data and tech company, has released a report examining UK business professionals’ perspectives on so-called Responsible AI, which is described as a framework for designing, building and deploying AI “safely across its lifecycle.” The research shared by Experian shows that AI is… Read More

Swiss Stock Exchange SIX Strengthens Clearing Business with Baymarkets AS Acquisition

SIX says that it has now strengthened its clearing business with acquisition of Baymarkets AS. According to the update from SIX, the latest acquisition of Baymarkets AS enables them to accelerate product development in clearing technology, reinforcing their existing position as a pan-European provider of… Read More

KuCoin EU Obtains MiCA License to Provide Digital Asset Services

KuCoin, a global crypto platform, announced that its European entity, KuCoin EU Exchange GmbH, has reportedly obtained a Markets in Crypto-Assets (MiCA) license in Austria. This authorization allows KuCoin EU to offer “compliant” digital asset services across 29 countries in the European Economic Area (EEA,… Read More

KPMG UK Shares Insights on Chancellor’s Stamp Duty Holiday for Newly Listed Firms

Commenting on the UK Chancellor’s recent 3-year stamp duty holiday for newly listed firms announced in the latest Budget, Karim Haji, Global and UK Head of Financial Services, KPMG, said: “Cutting stamp duty may act as a carrot to entice more firms to choose London… Read More

Nexo’s Chief Banking Officer Explains How to Bring Real-World Utility to Digital Assets Sector

We recently connected with Lorenzo Pellegrino, the newly appointed Chief Banking Officer at Nexo, a digital assets wealth platform designed to empower clients to grow, manage, and preserve their crypto holdings. Nexo’s mission is to enable wealth creation by focusing on tailored solutions that build… Read More

erad Announces $125M Facility Led by Jefferies to Support SME Financing in Middle East

erad, the Riyadh-headquartered alternative financing platform for SMEs, has partnered with Jefferies (NYSE: JEF) (with co-investment from Channel Capital) to secure $125M in a credit deal, in order to accelerate embedded finance solutions across the GCC region. After the transaction is completed, it will mark… Read More

Bitcoin and Crypto Market Recovery Hinges on Steady ETF Inflows, DAT Accumulation, Stablecoin Supply Growth : Analysis

Coin Metrics has shared key insights on recent significant developments in the Bitcoin (BTC) and crypto space. The researchers from Coin Metrics have shared several important notes on major crypto events and what to anticipate as we close out this current year and head into… Read More

PayPal Now a Digital Payments Partner for Liverpool FC

Liverpool FC is announcing PayPal  (NASDAQ: PYPL) as the club’s digital payments partner in a new global deal. This marks PayPal’s collaboration with a Premier League club, positioning the Fintech as one of the ways to pay for football enthusiasts. A global enabler of digital… Read More

Global Private Market Fundraising Report : Dry Powder on the Rise Despite Challenging Environment

PitchBook noted in its latest global private market fundraising report that dry powder on the rise despite a fairly tough fundraising environment. PitchBook also mentioned in the extensive research report that even though fundraising was a bit slow so far this year, private markets remain… Read More

Bitcoin Trading Volume Declines as Crypto Market Reverses Panic-Selling : Analysis

Dr. Sean Dawson, head of research at onchain options platform, Derive.xyz (TVL $115.8M, $18.6B trade volume), has shared a Bitcoin and cryptocurrency market update. Dr. Sean Dawson of Derive.xyz noted that Bitcoin (BTC) volume dropped 25% as the market seemingly reversed its panic selling. They… Read More

Robinhood Extends Prediction Markets Offering via JV and Partnership with Susquehanna

Robinhood (NASDAQ: HOOD) is reportedly introducing a futures and derivatives exchange and clearinghouse, deepening our investment in Prediction Markets and better positioning us to deliver various products to our customers. JB Mackenzie, VP and General Manager of Futures and International at Robinhood said that they… Read More

Tether’s Downgrade by S&P Global Has Not Impacted Stablecoin’s US Dollar Peg or Credibility

S&P Global may have somewhat surprised the stablecoin sector this past week after cutting Tether’s rating to “weak,” citing persistent disclosure gaps and structural opacity across its reserves. The downgrade appears have put fresh scrutiny on the world’s largest stablecoin, Tether (USDT), and analysts at… Read More

UK Business Confidence Declines but Still Above Long-Term Average, Report Reveals

UK business confidence softens but still reportedly remains above long-term average. This, according to the latest update from the Lloyds Banking Group. As mentioned in a report from UK‘s Lloyds Bank, the overall business confidence fell a number of points to just over 40% in… Read More

European Asset Manager Amundi Tokenizes its First Fund in Collab with CACEIS

Amundi, Europe’s asset manager, announces the launch of its tokenized share of the AMUNDI FUNDS CASH EUR money market fund. The first transaction reportedly took place on Nov 4, and the fund is now said to be distributed in a hybrid manner: it now remains… Read More

Fintech Adyen Enables Lufthansa Group with Global Payments, Integrating Klarna’s Flexible Options

Adyen (AMS: ADYEN), the global financial technology platform for businesses, announced a partnership with Lufthansa Group, Europe’s airline group, alongside Klarna, the digital bank and flexible payments provider. Starting in November, Lufthansa Group customers will be able to gain access to Klarna’s flexible payment solutions,… Read More

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