Bitcoin

Okcoin locks in $1m commitment to boost cryptocurrency inclusivity

US cryptocurrency platform Okcoin has committed $1m to increasing diversity and inclusivity in the crypto space.

Blockchain startup XY Finance lands $12m funding

Taiwan-based blockchain company XY Finance has raised $12m from a funding round led by Circle Internet Financial.

CertiK continues funding spree as it nets $80m Series B2

Blockchain security firm Certik has bagged $80m from a Series B2 financing raise led by Sequoia Capital China.

US regulatory trio announce plans to establish crypto asset roadmap

Three key regulatory bodies in the US have revealed they are putting together a roadmap to provide greater clarity on a number of areas related to crypto assets.

Crypto PayTech MoonPay secures $555m in highly subscribed Series A

MoonPay, a company that builds payment infrastructure for cryptocurrencies, has closed a Series A financing raise on $555m.

Zumo eyes decarbonised crypto sector through new purchase pilot program

Crypto wallet and payment platform Zumo has unveiled a pilot renewable energy purchase program aimed at making the crypto sector more sustainable.

Financial inclusion on the mind of Sri Lanka with payment solution launch

The Central Bank of Sri Lanka (CBSL) has introduced LANKAQR, a new digital payment solution focused on reducing cash reliance and bolstering financial inclusion.

Global corporates could save $100bn in yearly transaction costs through CBDCs

A joint report from J.P Morgan and Oliver Wyman has predicted up to $100bn annually could be saved in transaction costs through a central bank digital currency (CBDC) network.

Paymynt Financial unveils new blockchain-based multicurrency smart card

Boston-based FinTech company Paymynt Financial said to launch MYNT PayCard, a multicurrency hardware wallet.

Regulation of stablecoins in sight following US Treasury body report

A recent report has called on the US Congress to regulate the issuers of stablecoins and has urged agencies to assess whether the coins pose a systemic risk.

News Stories

New UK Bill eyes £1.6bn savings by toughening fraud controls

The UK government has announced the introduction of a new Bill aimed at aggressively curbing fraud within the social security system, expected to generate savings of £1.6bn over the next five years.

Scotiabank and Nova Credit enhance credit accessibility for Canada’s newcomers

Scotiabank is enhancing its support for newcomers to Canada through an expanded partnership with Nova Credit.

GCBC launches digital platform to empower EMDEs with climate finance

The Global Capacity Building Coalition, a pivotal player in climate finance, has introduced its latest innovation, the Digital Platform.

Rising relevance of ESG: 64% of asset owners shift focus to environmental impact

A significant shift in investment priorities has been noted among global asset owners, with environmental factors increasingly coming to the fore. According to ESG...

InDebted bags $60m to enhance debt collection with AI and machine learning

InDebted, an Australian-founded global FinTech, announced today the successful completion of a $60m Series C funding round.

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