Bitcoin

GHOS

Central Bank Governors endorse limit on crypto asset bank exposure

The Group of Central Bank Governors and Heads of Supervision (GHOS) has endorsed a finalised prudential standard on banks’ cryptoasset exposures.

Blockchain infrastructure platform Paxos picks up $300m, takes its valuation to $2.4bn

New York-based cryptocurrency exchange Paxos raised $300m in a Series D funding round taking its valuation to $2.4bn.

No, Uber won’t be buying bitcoin but it may soon accept it as payment

Uber CEO Dara Khosrowshahi has revealed that the company won't be following Tesla's example and buy bitcoin, but added that it may soon accept the cryptocurrency as payment.

SEC chair highlights US cryptocurrency regulation shortfalls

The Securities and Exchange Commission (SEC) chair has outlined gaps in US regulation of cryptocurrencies that could cause investor risk and financial crime concerns.
Huobi

Huobi introduces crypto-to-fiat debit card

Huobi Global, a virtual asset exchange, has partnered with Solaris to deliver a crypto-to-fiat debit card that will help Huobi users to spend digital assets at point-of-sale.

North Korean hack attacks fund weapons with $2bn stolen banks and cryptocurrency exchanges

The nuclear and missile programmes of Pyongyang has been funded by North Korea using cyberattacks against banks and cryptocurrency exchanges, a new report has revealed.

Soramitsu to undertake CBDC studies with Vietnam and the Philippines

Japanese blockchain firm Soramitsu will undertake feasibility studies for central bank digital currencies (CBDC) with both Vietnam and the Philippines.

African crypto exchange SAFCOIN launches zero-fee bitcoin trading pair just after investment in the...

Bitcoin traders in Africa can now trade South African rand and American dollars on SAFCOIN, the cryptocurrency exchange, without paying any transaction fees.

Bitcoin-based loan provider Ledn scores $2.7m in funding

Digital asset savings and credit platform Ledn has scored $2.7m in fresh funding to support its growth.

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.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week