Bhutan to pilot central bank digital currency through Ripple partnership
The Royal Monetary Authority (RMA) of Bhutan has teamed with cross-border crypto payment firm Ripple to pilot a central bank digital currency (CBDC) in the region.
China bans all cryptocurrencies in huge virtual currency crackdown
The People’s Bank of China (POB) has officially announced that all transactions including cryptocurrencies are illegal with immediate effect.
Crypto firm Cobo scores $40m Series B to develop DeFi platform
Singaporean FinTech firm Cobo has raised $40m from a Series B funding round to develop what it claims is the first ever DeFi-as-a-service platform.
Oy! Indonesia rakes in $30m from SoftBank-led Series A
Payments aggregator Oy! Indonesia has secured $30m from a Series A funding round led by investment juggernaut SoftBank.
eToro boosts investor exposure to diverse assets with DeFi portfolio launch
Investment platform eToro has unveiled a decentralised finance (DeFi) portfolio to offer investors long-term exposure to key projects in the DeFi ecosystem.
How KYC Portal became a leading RegTech provider
After identifying a compliance gap in 4AMLD, back in 2017, KYC portal was able to set itself up to become a major RegTech provider.
GCash, Igloo team to offer online shopping insurance to customer base
Filipino FinTech GCash has partnered with InsurTech Igloo to help support its large customer base with bolstered online shopping protection insurance.
Underwriter Helios snaps up North Breache in £3.9m deal
Helios, an investment and underwriting arm of Lloyds of London, has acquired North Breache Underwriting in a deal worth a total of £3.9m.
Ocrolus reels in $80m from QED Investors-backed Series C
Ocrolus has secured $80m in a Series C funding round led by Fin VC to help the firm scale its financial services document automation solution.
CDK Global pens deal to buy InsurTech Salty Dot
Auto insurance firm CDK Global has signed a deal to purchase InsurTech company Salty Dot for an undisclosed fee.
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