May 27, 2025 @ 10:11 pm By Omar Faridi  |  

Elliptic, the global firm focused on digital asset decisioning has added the XDC Network to its list of supported blockchains. Elliptic’s technology streamlines the “onboarding of blockchains like XDC, providing access to AML solutions within just 45 days.” This integration enables the next generation of… Read More

May 27, 2025 @ 9:31 pm By Omar Faridi  |  

Careem Pay, the fintech arm of the Careem Everything App, has introduced a new international money transfer service to Jordan. This addition to Careem Pay’s remittance network enables users to send money directly from the UAE to Jordanian bank accounts, catering to the needs of… Read More

May 27, 2025 @ 9:27 pm By Omar Faridi  |  

The venture capital (VC) funding activity in China has experienced a notable contraction in the first four months of 2025, with the latest data showcasing a decline in both “deal volume and value, signaling a challenging environment for startups and investors alike.” The total number… Read More

May 27, 2025 @ 9:26 pm By Omar Faridi  |  

YZi Labs has invested in Avalon Labs, an on-chain capital market for Bitcoin, building a scalable, transparent, and accessible financial network that unlocks Bitcoin’s economic potential. As the world’s issuer of Bitcoin-backed stablecoins, Avalon is transforming Bitcoin from “a passive store of value into a… Read More

May 27, 2025 @ 7:31 pm By Omar Faridi  |  

PDX Global, a digital payments technology developer for the crypto economy, announced that PDX Beam—its crypto-to-cash payments platform for consumers and merchants—now supports OFFICIAL TRUMP, the $TRUMP token. It is one of the crypto tokens on the Beam platform that can be “used for merchant… Read More

May 27, 2025 @ 5:05 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) has issued “principles” for the Securities and Exchange Commission (SEC) on the regulation of digital assets, or crypto. NASAA is the entity that represents all state and provincial securities regulators across the continent. At times in the past,… Read More

May 27, 2025 @ 4:45 pm By Omar Faridi  |  

Swedish firm H100 Group AB has reportedly raised SEK 21 million (approximately $2.2 million) in a funding round structured as a 0% interest convertible loan. The investment round was led by Adam Back, the CEO of Blockstream and a prominent figure in the Bitcoin community,… Read More

May 27, 2025 @ 4:44 pm By Omar Faridi  |  

Fintech startup Keep has emerged from stealth mode with a significant C$33 million in equity financing. The company aims to establish itself as the Canadian equivalent of Brex, the U.S.-based fintech known for its corporate spend management solutions. This infusion of capital positions Keep to… Read More

May 27, 2025 @ 4:42 pm By JD Alois  |  

Tokeny will be working with a licensed Digital Asset Service Provider (DASP), Ditobanx.  According to a public statement, Ditobanx is seeking to enter into the RWA tokenization sector. Ditobanx says it will be launching COINGT, a $325 million tokenized infrastructure initiative backed by equity in the… Read More

May 27, 2025 @ 11:52 am By JD Alois  |  

Trump Media  (Nasdaq, NYSE, Texas: DJT) is planning to purchase Bitcoin and is raising $2.5 billion to execute the mission. In a public statement issued earlier today, Trump Media said has entered into subscription agreements with around 50 institutional investors, to issue and sell approximately… Read More

May 27, 2025 @ 11:39 am By JD Alois  |  

UK Fintech hiring is expected to boom this year as a consultancy predicts hiring to rocket by 32%. Morgan McKinley and Vacancysoft say 2025 will be a big year for hiring in Fintech, boosted by needs in the compliance and cybersecurity sectors. The firm believes… Read More

May 27, 2025 @ 11:28 am By JD Alois  |  

Switzerland-based Sygnum, a digital asset bank, has announced that J. Christopher Giancarlo will be joining Sygnum as a Senior Policy Advisor. Giancarlo, the former Chairman of the U.S. Commodity Futures Trading Commission (CFTC), is well-known for his support of digital asset innovation. Giancarlo served at the CFTC… Read More

May 27, 2025 @ 11:24 am By Omar Faridi  |  

Debitum Investments is moving forward on its mission to deliver cutting-edge financial services. Through a partnership with Scale Tech, Debitum has introduced a series of transformative updates that enhance performance, streamline compliance, and elevate user experience. These advancements underscore Debitum’s commitment to innovation and operational… Read More

May 27, 2025 @ 9:45 am By Omar Faridi  |  

On the back of Hong Kong passing the stablecoin bill, Evan Auyang, Group President of Animoca Brands, thinks it signals that this city is doing what few other jurisdictions have achieved: offering stablecoin issuers real, regulatory clarity without stifling innovation. And the timing is telling,… Read More

May 27, 2025 @ 9:33 am By JD Alois  |  

Bitcoin is currently trading around $109,000 after hitting a new all-time high of almost $112,000. Of course, many Bitcoin prognosticators are sharing their predictions regarding near-term and longer-term price expectations. One big holder anticipates Bitcoin to be measured in the millions of dollars in the… Read More

May 27, 2025 @ 8:01 am By Omar Faridi  |  

Fintech startup Slash, which is focused on redefining business banking, has successfully raised $41 million in a funding round, valuing the company at $370 million. The investment underscores investor confidence in Slash’s mission to disrupt traditional banking by offering customized financial services tailored to specific… Read More

May 27, 2025 @ 7:59 am By Omar Faridi  |  

The Consumer Financial Protection Bureau (CFPB) has decided to abandon its proposed open banking rule, prompting sharp criticism from the Financial Technology Association (FTA). The FTA, an advocate for fintech innovation, has labeled the move a “handout to Wall Street banks,” arguing it undermines efforts… Read More

May 27, 2025 @ 7:58 am By Omar Faridi  |  

UK Fintech Altery Ltd has announced its new status as a principal member of Visa (NYSE: V). This achievement marks a pivotal moment for the company, reinforcing its position as a key player in the ecosystem of digital payments and financial services. The announcement highlights… Read More

May 27, 2025 @ 7:56 am By Omar Faridi  |  

The Blockchain Group (TBG), a French-based company focused on blockchain technology and cryptocurrency investment, announced a significant step in its Bitcoin Treasury Company strategy through a €63.3 million convertible bond issuance. This move aims to enhance TBG’s Bitcoin holdings, potentially increasing its total to approximately… Read More

May 27, 2025 @ 7:55 am By Omar Faridi  |  

In a report titled All Roads Lead to China, TRM Labs, a blockchain intelligence firm, has unveiled the intricate web of Chinese underground banking networks that have emerged as the financial linchpin of global illicit activities. These networks, leveraging both traditional and modern financial mechanisms,… Read More