Bitcoin

Bitzlato-founder-charged-with-illicit-money-transmitting

Bitzlato founder charged with illicit money transmitting

Anatoly Legkodymov, founder and majority owner of cryptocurrency exchange Bitzlato, has been charged for alleged illicit money transmitting.
Federal-prosecutors-seize-nearly-$700m-in-assets-from-FTX-founder

Federal prosecutors seize nearly $700m in assets from FTX founder

Federal prosecutors have reportedly seized around $700m in assets from FTX founder Sam Bankman-Fried, as part of an ongoing court case.
Crypto broker Genesis Global Holdco files for bankruptcy protection

Crypto broker Genesis Global Holdco files for bankruptcy protection

Genesis Global Holdco (GGH), the parent company of struggling crypto brokerage Genesis, has filed for bankruptcy protection.
crypto

Turbulent year for crypto as illicit activity reaches new high

Illicit activity in the cryptocurrency reached an all-time high of $20.1bn in 2022, up from $18bn the previous year.
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.
Genesis owes over $3bn in debt, as DCG seeks funding - report

Genesis owes over $3bn in debt, as DCG seeks funding – report

Cryptocurrency brokerage Genesis reportedly owes creditors over $3bn, which is prompting its owner, Digital Currency Group (DCG), to sell assets in its venture portfolio to raise money.
Jumbo

Jumbo bags $3.5m funding

Jumbo, a provider of a decentralised exchange built on the NEAR Protocol, has picked up $3.5m in funding.
RegTech

The RegTech trends to watch out for in 2023

Since the onset of the Covid-19, the RegTech sector has witnessed a period of growth, with further growth expected going forward. What can be expected to happen in 2023?
exposure

US regulators issue warning to banks on crypto exposure risks

Three US regulators have called on banks to be on their guard against crypto exposure risks in the wake of the FTX collapse.
CBDC

Turkish central bank concludes first CBDC test transactions

The Central Bank of the Republic of Türkiye (CBRT) has run its first test transactions on the digital Turkish Lira CBDC network.

News Stories

Over $600m was raised across 14 deals this week

It was another slow week for FinTech deals as the end of 2026 edges closer.  A total of $602m was raised across 14 FinTech deals...
KYCP adds API4ALL to sharpen corporate due diligence

KYCP adds API4ALL to sharpen corporate due diligence

Compliance teams facing growing pressure to uncover who really sits behind a corporate client now have another tool at their disposal. According to KYCP,...
Compliance gets faster but firms trust it less, CUBE finds

Compliance gets faster but firms trust it less, CUBE finds

Financial institutions are processing regulatory change at a much faster pace than a year ago, but their belief that this work is actually effective...

Zing365: Insurance broking must map out career paths

Zing365, an InsurTech-focused learning and development specialist, has called on insurance brokers to set out defined career routes, organised training and mentoring if they...
Agentcard secures $8m to let AI agents shop online

Agentcard secures $8m to let AI agents shop online

Agentcard, a payments firm that lets AI agents make purchases using their users’ own cards, has closed an $8m seed funding round to help...

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