April 7, 2025 @ 7:14 am By Omar Faridi  |  

Digital assets firm OKX has noted that regulatory compliance is a top priority for them. As the crypto industry evolves, OKX claims that they “remain committed to meeting and exceeding regulatory standards.” They work closely and on an “ongoing basis with regulators to ensure their… Read More

April 7, 2025 @ 7:12 am By Omar Faridi  |  

UK Fintech Wise (LON: WISE), which has become known for its focus on low-cost international money transfers, is exploring a step toward joining the FTSE 100, the UK’s stock index. The company announced it has been “extensively consulting with shareholders on the optimal listing arrangements,”… Read More

April 7, 2025 @ 7:11 am By Omar Faridi  |  

XXImo, the European mobility payments platform, has migrated its infrastructure to Amazon Web Services (AWS) with the support of cloud services provider CloudNation. With this step, XXImo sets a standard as one of the “first” companies worldwide to move 100% of their card processing “to… Read More

April 7, 2025 @ 7:10 am By Omar Faridi  |  

Circle has submitted its response to the Financial Stability Board’s (FSB) thematic peer review on the implementation of its global regulatory framework for crypto-asset activities. In this response, Circle outlines the importance of “having domestic regulations that allow consumers to benefit from global stablecoins while… Read More

April 6, 2025 @ 11:41 pm By Omar Faridi  |  

Estateguru noted that Estonian buy-to-let investors have become increasingly active in recent months. Estateguru also mentioned that instead of targeting the local market, many are focusing on the Latvian capital, Riga. According to Daniil Aal, Chief Operating Officer at the digital financing platform Estateguru, this… Read More

April 6, 2025 @ 11:11 pm By Omar Faridi  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) announced that the UK’s Financial Conduct Authority (FCA) has approved the application of its UK subsidiary, Galaxy Digital UK Ltd, a license to execute derivatives trading through its London office. This approval marks an expansion of Galaxy’s global trading… Read More

April 6, 2025 @ 11:02 pm By Omar Faridi  |  

TrueLayer, Europe’s Pay by Bank network, has announced a partnership with Papa Johns, one of the world’s pizza brands to introduce Pay by Bank, a payment method that enables customers to pay directly from their bank accounts. With TrueLayer’s open banking technology, Papa Johns customers… Read More

April 6, 2025 @ 10:38 pm By Omar Faridi  |  

The Bank of New York Mellon Corporation (BNY) (NYSE: BK), a global financial services company, announced the expansion of its Digital Asset Platform with the launch of its Digital Asset Data Insights product, designed to securely and efficiently “deliver both on- and off-chain data across… Read More

April 6, 2025 @ 10:03 pm By Omar Faridi  |  

ClearBank, an enabler of real-time clearing and embedded banking, today announced a new regional partnership with Kraken, one of the world’s digital asset platforms. The extended partnership sees ClearBank provide Kraken’s UK based clients with GBP clearing services “enabling on and off ramps into the digital… Read More

April 6, 2025 @ 8:24 pm By Michael Wong  |  

The United Arab Emirates has issued a new decision revising the tax treatment of investment funds and limited partnerships as part of its ongoing efforts to enhance the country’s investment climate and align with global best practices, the Ministry of Finance said. Cabinet Decision No…. Read More

April 6, 2025 @ 7:06 pm By Omar Faridi  |  

Alto, a platform that enables individuals to invest in alternative assets through retirement funds, including through their dedicated Alto CryptoIRA, released proprietary data from its platform that underscores the confidence in crypto investments as part of “a self-directed IRA and the overall growth in crypto… Read More

April 6, 2025 @ 6:06 pm By Omar Faridi  |  

Visa (NYSE: V), a global enabler of digital payments, has expanded its value-added services portfolio with the addition of products that make accepting payments easier and secure in a complex commercial landscape: reimagined Authorize.net, Unified Checkout and the ARIC Risk Hub. According to the update… Read More

April 6, 2025 @ 6:05 pm By Omar Faridi  |  

The Federal Trade Commission (FTC) highlighted actions taken to protect consumers from impersonations scams since the Government and Business Impersonation Rule took effect in April 2024. Scams impersonating businesses and government are consistently among the top frauds reported to the FTC; these scams resulted in… Read More

April 6, 2025 @ 6:01 pm By Tony Zerucha  |  

Vaulta, a scalable operating system for Web3 banking, this week announced a strategic partnership with Virgo, a digital asset service provider, to launch VirgoPay, a dedicated cross-border remittance network that uses stablecoins to both reduce transfer fees and decrease transfer times for international wire transfers… Read More

April 6, 2025 @ 5:57 pm By Omar Faridi  |  

Coller Capital, the world’s private market secondaries manager, has acquired a $1.6bn senior direct lending portfolio from American National, a multiline US insurer. The investment reportedly marks the largest ever “LP-led credit secondaries transaction that is focused on a senior direct lending portfolio.” The transaction… Read More

April 6, 2025 @ 5:57 pm By Omar Faridi  |  

In a significant development for the US financial services sector, the Department of Justice (DoJ) has given the green light to a $35 billion merger between Capital One Finance Group and Discover Financial Services. The decision, announced this week, marks a pivotal step forward for… Read More

April 6, 2025 @ 5:47 pm By Omar Faridi  |  

Swedish buy-now-pay-later (BNPL) giant Klarna has hit a roadblock in its highly anticipated journey to go public. Last month, the fintech powerhouse formally applied with the Securities and Exchange Commission (SEC) to list its ordinary shares on the New York Stock Exchange (NYSE). The company,… Read More

April 6, 2025 @ 5:41 pm By Tony Zerucha  |  

This week, Entrust, a provider of identity-centric security solutions, and DocuSign (Nasdaq: DOCU) released the results of a joint global study examining the escalating costs of identity fraud and the trade-offs enterprises face between security and customer experience. The Future of Global Identity Verification research… Read More

April 6, 2025 @ 5:37 pm By Omar Faridi  |  

Bitfarms Ltd. (Nasdaq: BITF), a global energy and compute infrastructure company, announced that the company has entered into an initial agreement for a private debt facility for up to “$300 million from Macquarie Equipment Capital, Inc., a division of Macquarie Group’s Commodities and Global Markets’… Read More

April 6, 2025 @ 5:26 pm By Omar Faridi  |  

The Canton Network announced that Flowdesk is joining as a key participant in the development of an on-chain collateral and margin management solution for bilateral derivatives. Flowdesk joins Digital Asset, QCP, and a group of counterparties in building infrastructure “that leverages the Canton Network’s privacy-preserving… Read More