June 11, 2025 @ 1:43 pm By Omar Faridi  |  

Circle’s recent unveiling of the Circle Payments Network (CPN) marks a significant milestone in the evolution of global financial systems. Announced recently, CPN leverages stablecoins to transform cross-border payments, a market estimated at $190 trillion. This infrastructure aims to streamline money movement across borders, currencies,… Read More

June 11, 2025 @ 1:42 pm By Omar Faridi  |  

The launch of Securitize’s DS Protocol whitepaper reflects a key moment in the fusion of blockchain and traditional finance. Published recently, the document has been released as the European Union’s Markets in Crypto-Assets (MiCA) regulation nears full enforcement by December 2024, shaping the landscape for… Read More

June 11, 2025 @ 9:41 am By JD Alois  |  

This week, the UK Financial Conduct Authority revealed a new Sandbox, the Supercharged Sandbox, in partnership with NVIDIA, in a move designed to fuel artificial intelligence (AI) growth. The UK has been a trailblazer in creating Fintech sandboxes as a way for innovators to experiment… Read More

June 11, 2025 @ 9:13 am By JD Alois  |  

The Payments Association has asked the Chancellor of the Exchequer, Rachel Reeves, to clarify the position on stablecoins. The Association notes that during her last comment addressing digital assets this past April, it did not include any updates on the stablecoin sector. In November 2024,… Read More

June 11, 2025 @ 8:27 am By JD Alois  |  

Upvest and Webull (NASDAQ: BULL) are working together to offer access to ETFs and stocks for investors. Upvest, based in Germany, is an infrastructure provider enabling clients to leverage a digital platform to offer investment opportunities. Upvest works with well-known names like Revolut, bunq, Mintos,… Read More

June 11, 2025 @ 8:16 am By JD Alois  |  

The House Financial Services Committee and House Agriculture Committee have moved comprehensive digital asset legislation forward following a markup hearing on the CLARITY Act. The bill passed by a bipartisan vote of 32 to 19 in the Financial Services Committee, and the Agriculture Committee passed… Read More

June 11, 2025 @ 5:17 am By Michael Wong  |  

GoTo Group, Indonesia’s largest digital ecosystem, has completed the migration of its digital finance arm GoTo Financial’s infrastructure to Alibaba Cloud’s local data centers in Jakarta. The move marks a critical milestone in a strategic partnership formed in 2024 and is one of the most… Read More

June 10, 2025 @ 11:14 pm By Omar Faridi  |  

Societe Generale-FORGE (SG-FORGE), the integrated subsidiary of Societe Generale Group dedicated to crypto assets, is to launch a new stablecoin, the USD CoinVertible, on both the Ethereum and Solana public blockchains (ticker code: USDCV). BNY, a global financial services company, will act as “reserve custodian, enabling… Read More

June 10, 2025 @ 10:44 pm By Omar Faridi  |  

Digital Commercial Paper DCP, a fixed income asset secured by U.S. Treasuries and rated Prime-1 by Moody’s, is now live on the XRP Ledger (XRPL), a public blockchain built for the efficient tokenization of real-world assets. Administered by Guggenheim Treasury Services, “one of the largest… Read More

June 10, 2025 @ 10:33 pm By Omar Faridi  |  

The Financial Services Authority (FSRA) of ADGM announced the implementation of amendments to its regulatory framework for digital assets, with immediate effect. The implementation of these amendments follows “extensive industry engagement and feedback received on Consultation Paper No. 11 of 2024.” As stated in the… Read More

June 10, 2025 @ 9:46 pm By Omar Faridi  |  

Backbase, the global enabler of AI-powered banking technology, announces that Bank Muamalat has officially launched ATLAS by Bank Muamalat (ATLAS), Malaysia’s first Islamic digital-only bank centered on faith and lifestyle alignment. This milestone represents a transformative “leap in Bank Muamalat’s journey to redefine Islamic banking,… Read More

June 10, 2025 @ 9:32 pm By Omar Faridi  |  

OnePay, a consumer fintech, and Synchrony (NYSE: SYF), a  consumer financial services company, announced a partnership to power a credit card program with Walmart (NYSE: WMT). The credit card program is expected to launch this fall, “with the experience embedded inside the OnePay app and… Read More

June 10, 2025 @ 9:31 pm By Omar Faridi  |  

Copper, a firm focused on digital asset custody, collateral management, and prime services, announces expanded support for Stacks (STX) and sBTC, the synthetic Bitcoin-backed protocol, rolled out across its secure custody and settlement infrastructure. sBTC is a Bitcoin-backed asset “on the Stacks Layer 2, pegged… Read More

June 10, 2025 @ 9:31 pm By Omar Faridi  |  

Sumsub announces a major AI-powered update to its Case Management solution—a ready-to-use, cross-functional hub for financial crime investigations designed to streamline fragmented risk operations. Built with direct input from fincrime teams and Sumsub clients, the new release “introduces AI-driven tools and intelligent automation to help investigators… Read More

June 10, 2025 @ 7:35 pm By Omar Faridi  |  

Cross River Bank, a technology infrastructure provider that offers embedded finance solutions, announced the launch of Request for Payment (RfP), a transformative addition to its growing suite of instant payment capabilities. The capability will streamline “inbound money movement and enhance funding agility across the Real-Time… Read More

June 10, 2025 @ 4:45 pm By JD Alois  |  

The House Financial Services Committee held a meeting today to review the Clarity Act, comprehensive digital asset legislation that aims to clarify a regulatory approach while providing improved consumer protection. Committee Chairman French Hill issued a statement on the bill: “Last week, this Committee held a… Read More

June 10, 2025 @ 4:24 pm By Omar Faridi  |  

Coller Capital, which claims to be one of the world’s largest dedicated private market secondaries managers, has announced a global distribution partnership with Allfunds, the end-to-end WealthTech partner for the wealth and asset management industries with more than $1.5 trillion assets under administration across Mutual… Read More

June 10, 2025 @ 4:16 pm By Omar Faridi  |  

The cryptocurrency industry continues to reshape the global financial landscape, with 2025 marking a pivotal year for innovation, investment, and societal adoption. Recent reports from Coinbase, PitchBook, Gemini, and CoinMetrics highlight the dynamic growth, challenges, and evolving demographics of the crypto ecosystem. From technological advancements… Read More

June 10, 2025 @ 4:10 pm By Omar Faridi  |  

In an international operation codenamed Operation RapTor, U.S. and Taiwanese law enforcement reportedly dismantled Incognito Market – a notorious darknet marketplace “that facilitated over $100 million in illegal drug sales.” Binance‘s Financial Intelligence Unit (FIU) played “a pivotal role in helping bring the platform’s operators… Read More

June 10, 2025 @ 4:08 pm By Omar Faridi  |  

Over 7 in 10 (71 percent) of firms in Ireland expect their investment in Research, Development & Innovation (RDI) to grow in the next three years, but cite concerns over funding barriers and increasing economic and competitive pressures. These are just some of the findings… Read More