February 24, 2025 @ 10:41 am By Omar Faridi  |  

The cryptocurrency market in early 2025 has already seen significant developments, as revealed in Gemini’s recent industry update. From Ethereum’s ETF resurgence to corporate Bitcoin accumulation and a revival in the NFT market, the research report from Gemini indicates that the crypto industry is growing… Read More

February 24, 2025 @ 10:40 am By Omar Faridi  |  

Nansen is integrating HyperEVM to provide real-time blockchain analytics, enabling users to track network activity, monitor adoption trends, and make data-driven decisions. Nansen is expanding its blockchain analytics coverage by integrating HyperEVM, providing traders, developers, and investors with real-time insights into the HyperEVM ecosystem. This… Read More

February 24, 2025 @ 8:30 am By JD Alois  |  

Formerly known as MicroStrategy, Strategy (NASDAQ:MSTR) has announced that it has sold debt for approximately $1.99 billion, after fees, and used the money to purchase Bitcoin (BTC). The company rebranded as Strategy this month (February 2025). The company said it had purchased 20,356 Bitcoin at… Read More

February 24, 2025 @ 7:59 am By Omar Faridi  |  

Blockdaemon Wallet, introduced in 2023, has been rebranded as Blockdaemon Institutional Vault. According to an update from Blockdaemon, the name change reflects the platform’s continued evolution into what is “considered the most secure wallet available for institutional digital asset operations and storage.” Designed to support… Read More

February 24, 2025 @ 7:55 am By Omar Faridi  |  

The cryptocurrency market in 2024 witnessed significant shifts in trading volumes among centralized exchanges (CEXs), as detailed in CoinGecko’s latest research report, “Largest Centralized Crypto Exchanges, 2020 – 2024.” The research study, analyzing spot trading volumes from the time period between January 1 to December… Read More

February 24, 2025 @ 7:28 am By Omar Faridi  |  

In a speech delivered on February 21, 2025, at the European Parliament plenary debate on the ECB Annual Report, ECB President Christine Lagarde provided an update on the euro area’s economic situation and the European Central Bank’s monetary policy direction. The address from Christine Lagarde… Read More

February 24, 2025 @ 7:26 am By Omar Faridi  |  

Regtech Sumsub have launched their Qualified Electronic Signature (QES) Verification product. The solution is designed to enhance security, compliance, and efficiency in remote user onboarding across the European Union and Norway, compliant with “national laws and eIDAS framework regulations.” Amid the demand for secure and… Read More

February 23, 2025 @ 11:59 pm By Omar Faridi  |  

In a step toward enhancing public sector payments, the UK government has reportedly opened bidding for a £49 million contract to embed open banking technology into its Gov.UK Pay platform. Announced on February 19, 2025, by the Government Digital Service (GDS), this procurement initiative aims… Read More

February 23, 2025 @ 7:57 pm By Michael Wong  |  

Hong Kong Exchanges and Clearing (HKEX) will overhaul its settlement fee structure from June, introducing a flat fee of 0.0042% per stock transaction in a bid to balance costs across different trade sizes, the bourse operator said. Under the current system, HKEX charges a minimum… Read More

February 23, 2025 @ 7:54 pm By Omar Faridi  |  

Nu Holdings Ltd. (NYSE: NU), one of the largest digital financial services platforms, released its Fourth Quarter and Full Year 2024 financial results. Financial results are presented in accordance with International Financial Reporting Standards (IFRS). David Vélez, founder and CEO of Nubank said: “2024 was… Read More

February 23, 2025 @ 7:53 pm By Omar Faridi  |  

AltNovel, an investment platform based in ADGM providing private market solutions, announced a private credit partnership with RockCreek. This partnership aims to offer investors diversified “access to income-generating opportunities through co-investments in private credit markets.” This partnership expects to focus on private credit investments “that… Read More

February 23, 2025 @ 7:50 pm By Omar Faridi  |  

CapitaLand Investment Limited (CLI), a real asset manager, closed South Korea private credit fund with a total equity commitment of KRW 180 billion (S$169.2 million), “increasing its funds under management in its focus market of South Korea to S$3.1 billion.” The CapitaLand Korea Investment No…. Read More

February 23, 2025 @ 7:48 pm By Omar Faridi  |  

Taurus SA, a global enabler of digital asset infrastructure, is announcing the publication of an open-source confidential token standard for debt and equity tokenization in collaboration with the Aztec Foundation. This initiative marks a step forward in enabling FIs to issue tokenized versions of financial… Read More

February 23, 2025 @ 5:22 pm By Michael Wong  |  

Vietnam’s Ministry of Finance (MoF) has opposed a proposal by the Ministry of Planning and Investment (MPI) to allow cryptocurrency and digital asset transactions in financial centers starting July 1, 2026, citing the need for further research and regulatory development. The MoF’s stance was outlined… Read More

February 23, 2025 @ 5:20 pm By Omar Faridi  |  

XTB, a fintech that provides individual investors instant access to financial markets through its online trading platform and mobile app, received a securities agent license from Chile’s Financial Market Commission (CMF). This achievement, announced in February 2025, marks a key milestone for the company as… Read More

February 23, 2025 @ 5:18 pm By Michael Wong  |  

The Philippines has been removed from the Financial Action Task Force’s (FATF) grey list after more than three years, following significant progress in strengthening its anti-money laundering and counter-terrorism financing (AML/CTF) framework, the global financial watchdog said. The FATF, which monitors global efforts to combat… Read More

February 23, 2025 @ 5:17 pm By Omar Faridi  |  

The UK’s Competition and Markets Authority (CMA) has imposed a hefty £104.5 million fine on four global banking giants—Citi, HSBC, Morgan Stanley, and the Royal Bank of Canada (RBC)—for “illegally” sharing sensitive details regarding UK government bonds, known as gilts, between 2009 and 2013. Unveiled… Read More

February 23, 2025 @ 5:16 pm By Omar Faridi  |  

Klarna, the AI-powered payments and commerce network, has entered a new partnership with Combined Independent Holdings (CIH), the UK arm of Euronics—Europe’s electrical buying group—to integrate Klarna’s flexible payment options into Euronics.co.uk. This collab marks the start of a rollout that will aim to extend… Read More

February 23, 2025 @ 5:16 pm By Omar Faridi  |  

TMX VettaFi, an indexing, digital distribution, analytics and thought leadership company and TMX Group subsidiary, announced the acquisition of Credit Suisse‘s Bond Indices from UBS, enhancing its fixed income index capabilities. Tom Hendrickson, President, TMX VettaFi said: “We are excited to announce another significant step… Read More

February 23, 2025 @ 5:15 pm By Omar Faridi  |  

Nikko Asset Management (Nikko Asset Management Co., Ltd. together with its subsidiaries), one of Asia’s asset managers, and Tikehau Capital, the alternative asset management group, announce the incorporation of Tikehau Amova Investment Management Pte. Ltd., their joint venture focused on developing private asset investment strategies…. Read More