May 21, 2025 @ 5:11 am By Omar Faridi  |  

Apex Group, a global financial services provider, has announced the acquisition of a majority stake in Luxembourg-based Tokeny, an enterprise-grade tokenization solutions provider. The transaction, which will see Apex Group have “100% control over the next three years, follows the initial investment and strategic partnership… Read More

May 21, 2025 @ 2:42 am By Omar Faridi  |  

Binance Pay is now integrated with Pix, the instant payment system developed by Brazil’s Central Bank and used by millions every day. This means users in Brazil can make real-time payments in Brazilian reais using crypto, “converting their digital assets into local currency through a… Read More

May 20, 2025 @ 11:13 pm By Omar Faridi  |  

The Canadian Securities Exchange announced that it has entered into an agreement with NSX Limited (ASX:NSX), parent company of the National Stock Exchange of Australia, to acquire, pursuant to “a Scheme of Arrangement, NSX for all-cash consideration of AUD$0.035 per fully paid ordinary share.” The… Read More

May 20, 2025 @ 11:12 pm By Omar Faridi  |  

The Genesis Litigation Oversight Committee, which represents the interests of creditors, filed two major lawsuits (on behalf of Genesis debtors and their bankruptcy estates) against its parent company, Digital Currency Group (DCG), its CEO Barry Silbert, and a network of so-called insiders. The legal actions,… Read More

May 20, 2025 @ 6:52 pm By JD Alois  |  

The US Department of Justice is investigating the recent insider hack of Coinbase (NASDAQ:COIN), according to Bloomberg. Coinbase is said to have brought the breach to the authorities’ attention, but the company itself is not under investigation. Paul Grewal, Coinbase’s Chief Legal Officer, highlighted this fact… Read More

May 20, 2025 @ 6:34 pm By JD Alois  |  

The “Accredited Investor Definition Review Act,” HR 3348, has been approved by the House Financial Services Committee in a 36-16 vote. Representative Bill Huizenga, the bill’s sponsor, outlined its goals in an X. “Accredited investors are currently defined by the SEC based on their income and… Read More

May 20, 2025 @ 3:22 pm By JD Alois  |  

Today, Paul Atkins, the newly minted Chairman of the Securities and Exchange Commission, testified in front of the House Appropriations Subcommittee on Financial Services and General Government. In prepared testimony, Chairman Atkins delivered remarks to the members that indicated the Commission has now returned to its age-old… Read More

May 20, 2025 @ 2:17 pm By Omar Faridi  |  

RULEMATCH, the interbank spot crypto trading venue designed exclusively for financial institutions, announced its integration with Talos, the provider of institutional trading technology and connectivity for digital assets. Through this integration, shared clients can “access the guaranteed liquidity available from designated market makers on RULEMATCH… Read More

May 20, 2025 @ 2:15 pm By Omar Faridi  |  

The cryptocurrency boom has minted a new class of ultra-wealthy investors and executives, but their digital fortunes are increasingly attracting dangerous attention. As bitcoin and other cryptocurrencies surge in value, criminals are increasingly targeting crypto elites with violent tactics, prompting a surge in demand for… Read More

May 20, 2025 @ 12:44 pm By Omar Faridi  |  

U.S. Bank Global Fund Services (GFS) announced it has engaged Fenergo, a firm focused on client lifecycle management technology, to digitize and streamline the investor onboarding and service experience. According to the update from Regtech firm Fenergo, this is said to be the first step… Read More

May 20, 2025 @ 11:56 am By JD Alois  |  

SyndicateRoom, a UK-based online investment platform, has announced its first female founder-focused fund offering. According to the company, the Angel Academe EIS Fund I – is the UK’s first EIS fund specifically focused on investing in female-founded tech businesses. EIS or Enterprise Investment Scheme is… Read More

May 20, 2025 @ 11:43 am By JD Alois  |  

CurveBlock has been approved to join the UK Digital Securities Sandbox (DSS), a project led by the Financial Conduct Authority (FCA) and the Bank of England. CurveBlock is a Leeds-based Fintech in the Proptech sector. The ambition is to pursue real estate tokenization. CurveBlock is… Read More

May 20, 2025 @ 11:35 am By JD Alois  |  

Avalanche and Helix are working with Faculty Group on the launch of Fusion, which they say will deliver “measurable real-world value.” Alongside a $100 million commitment, the goal is to support new Layer 1 networks and on-chain services for practical applications across sectors like AI, healthcare,… Read More

May 20, 2025 @ 11:30 am By Nikolay Mironenko  |  

Fraud has escalated into a major threat within the fintech sector. In 2024, global financial crime losses—including scams, cyberattacks, and identity fraud—are estimated to have reached $485.6 billion, according to Nasdaq’s Global Financial Crime Report. This surge is largely fueled by the rise of AI-driven… Read More

May 20, 2025 @ 11:15 am By JD Alois  |  

Tomorrow (May 21st), the UK government will release its monthly inflation numbers. As of March, the annual rate of inflation is trending at 2.6%. The Bank of England holds a mandate to move inflation down to 2% but last month the Bank decided to cut… Read More

May 20, 2025 @ 11:05 am By JD Alois  |  

Kraken is now offering crypto perpetual futures in the European Economic Area (EEA). The crypto exchange says it is the first platform to offer this regulated feature. Kraken will offer the derivatives through Payward Europe Digital Solutions (CY) Ltd – a Cyprus-based MiFID II-regulated entity…. Read More

May 20, 2025 @ 9:43 am By Omar Faridi  |  

Veratad Technologies, a global enabler of identity verification, age verification, fraud prevention, and compliance solutions, is pleased to announce the completion of its SOC 2 Type 2 examination. This milestone reinforces Veratad’s dedication “to earning and maintaining the trust of its global clients through rigorous… Read More

May 20, 2025 @ 9:18 am By JD Alois  |  

QuantumLight, founded by Nik Storonsky, co-founder and CEO of digital bank Revolut, has announced the closing of a $250 million venture capital fund. According to a release, the money will be utilized to invest in firms in the AI, Web3, Fintech, SaaS and Healthtech sectors…. Read More

May 20, 2025 @ 9:14 am By Omar Faridi  |  

Klarna, the AI-powered global payments and commerce network, announced its Q1 2025 results, unveiling consumer milestones, surging market traction, and exceptional returns from its AI strategy. Klarna is a Fintech that is widely expected to list its shares in an initial public offering (IPO) later… Read More

May 20, 2025 @ 8:42 am By Omar Faridi  |  

Droit, a technology firm at the forefront of computational law and regulation, now supports LSEG’s Global Shareholding Disclosure Data in its Position Reporting product. The data, paired with Droit’s rules logic, enables financial institutions to efficiently “automate their regulatory reporting of shareholder disclosures in one… Read More