BitPay Adds New Clients, as Crypto Firms Raise More Funding in Q1 2021 than All of 2020, Crypto Market Surpasses $2.2 Trillion

  The team at BitPay, a leading cryptocurrency payments platform, notes in their regular monthly update report that it has been another busy month in the world of digital currencies. BitPay writes in a blog post that they continue to welcome new merchants while offering… Read More

Swiss Wealth Management Group Julius Baer Introduces Digital Advisory Suite for Asian Markets

Swiss wealth management group Julius Baer has introduced its Digital Advisory Suite (DiAS) in Asian markets. The DIAS soluton aims to simplify the regulatory compliance process for relationship managers, allowing them to provide compliant advice to their customers. The suite serves as a “fully-integrated” solution…. Read More

US Dept of the Treasury’s Office of Foreign Assets Control Sanctions Individuals, Entities for Attempting to Undermine 2020 US Presidential Election: Report

On April 15, 2021, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 16 individuals and 16 entities for “attempting to undermine and influence the 2020 US presidential election,” blockchain security firm CipherTrace noted in a blog post. CipherTrace also mentioned… Read More

Binance May Add Stock Tokens Coinbase (COIN), after Tesla (TSLA), Also Reports Record-Breaking BNB Token Burn

Leading crypto exchange Binance notes in its weekly report that it completed a record-breaking Binance Coin (BNB) token burn. The weekly report (April 10 – 16, 2021) from Binance reveals that the digital assets firm burned “a record $593 million in BNB.” The digital currency… Read More

Digital Payments Platform Transcard Announces UK Entity

    Transcard, a U.S.-based digital payments platform, announced on Friday the launch of its business entity in the UK. Founded in 2012, Transcard describes itself as a SaaS funds disbursement and management platform that takes regulatory, time and cost burdens off payers while providing payees… Read More

U.S. Car Insurance Platform Clearcover Secures $200 Million Through Series D Funding Round Led By Eldridge

  Clearcover, a U.S.-based car insurance platform, announced earlier this week it secured $200 million through its Series D funding round, which was led by Eldridge, with participation from American Family Ventures, Cox Enterprises, and OMERS Ventures. Founded in 2016, Clearcover describes itself as the… Read More

Ujjivan Small Finance Bank Partners Bangalore based Fintech NIRA to Provide Personal Loans to India’s Salaried Workers

Ujjivan SFB has teamed up with NIRA in India to offer personal loans. As reported by the Economic Times, Ujjivan SFB noted that the partnership with NIRA is a key part of their business approach of using API Banking solutions as part of strategic Fintech… Read More

Coinbase Closes the Week at $63 Billion Valuation: It’s Not Just About Cryptocurrency

Coinbase closed its inaugural trading week at a valuation of around $63 billion after opening higher than its reference price on the NASDAQ this past Wednesday. At one point, Coinbase was valued at over $100 billion. Of course, there has been a lot of commentary… Read More

American Fintech Council Expands to Include Over 75 Members, Regulatory Tech and Legal Advisory Committees to Support Policy Development

The American Fintech Council has reportedly expanded to include over 75 members. The Council has also announced several new leadership initiatives, according to a release. As noted in the announcement, the newly formed committees will be including the Regulatory Technology Committee and Legal Advisory Committee… Read More

Nitin Gaur, Director of IBM Digital Asset Labs, Says NFTs are Natural Progression in “Explosion” of Asset Tokenization

Nitin Gaur, Founder and Director of IBM Digital Asset Labs, recently looked into how businesses may be able to absorb “disruptive” impact and start integrating new business models (NFTs) in existing and “new streams” of business opportunity. Gaur writes in a blog post that non-fungible… Read More



Decentralized Oracle Network Chainlink Devs Release Chainlink 2.0 Whitepaper Highlighting Anticipated Blockchain Industry Developments

The team at Chainlink (LINK), the leading decentralized Oracle Network provider, has published a whitepaper titled, Chainlink 2.0: Next Steps in the Evolution of Decentralized Oracle Networks. Released on April 15, 2021, the paper notes that the team has a vision for the “evolution” of… Read More

Financial Institutions are at Forefront of Embracing Cloud Native Architecture to Lower Costs, Remain Competitive: Report

Financial Services TechnoVision, currently in its third year of publication, aims to offer businesses with a “robust” and “proven” foundation for technology adoption. It provides thought leadership to assist firms with navigating the “complex yet critical technology environment.” As noted in the report, “agility” and… Read More

RedBlock Teams Up with NFT Bazaar to Promote Development of Non-Fungible Token Space

RedBlock and NFT Bazaar have announced a strategic partnership in an “embrace” of the fast-evolving NFT industry. As noted in a blog post by RedBlock: “We are very pleased to announce that RedBlock and NFT Bazaar have officially entered into a strategic partnership, leveraging our… Read More

Global Payment Tech Nuvei Acquires Gaming Payments Platform Mazooma

  Nuvei, a global payment technology provider based in Canada, announced on Friday it is set to acquire Mazooma Technical Services Inc. a U.S.-based focused gaming and sports wagering payment technology provider for approximately $56 million, plus additional consideration subject to the achievement of specific… Read More

Coinsquare Completes Closing of Strategic Investment By Mogo

CoinSquare, a Canadian digital asset exchange, announced on Friday the closing of the previously announced strategic investment in Coinsquare by Mogo Inc. (NASDAQ:MOGO) (TSX: MOGO), a digital payments and fintech company. Coinsquare reported that per the investment agreement, Mogo has acquired a 19.99% ownership interest for… Read More

Turkey Bans Crypto From Being Used in Payments & Transfers

Earlier today, the official newspaper of Turkey published new regulations issued by the Central Bank of Turkey. According to the new rules, crypto-assets may no longer be used as a form of payments or transfers as of April 30, 2021. According to Reuters, Ahmed Faruk… Read More

Are NFTs Securities? OMG!

On March 11th, Beeple became the third highest-paid living artist with a $69M sale of one of his works as an NFT, a non-fungible token on the blockchain. This sale is one of many at the front of NFTs, blockchain’s latest hype machine of digital… Read More

Citi API, the Bank’s API Connectivity Platform, has Processed Over 1 Billion API Calls Since Launching in Late 2017

Manish Kohli, Global Head of Payments and Receivables at Citi (NYSE:C), notes that at the leading banking institution, they’re using APIs to facilitate payments, to digitize the “client experience” and “ultimately to help change our client’s evolve to real-time, 24×7 direct to consumer business models.”… Read More

NatWest Announces Relaunch of Enterprise Program

  UK banking group NatWest announced on Thursday the relaunch of its Enterprise program to boost support for scale-up businesses along with climate, fintech, and B-Corp-focused businesses. NatWest revealed that the relaunch follows recent findings from the bank’s report into SME recovery in the UK,… Read More

Dr. Joshua Ellul, Chairman of Malta Digital Innovation Authority, Shares Preprint of Paper on Pragramatic Approach to AI Regulation

Dr. Joshua Ellul, Chairman of Malta Digital Innovation Authority; Expert Evaluator at European Commission; Director of Centre for DLT at University of Malta, has shared a preprint for a paper that his team plans to present in June 2021 on a “pragmatic” approach to the… Read More

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