FCA enables small number of crypto firms to trade after registration deadline

The Financial Conduct Authority (FCA) has allowed a number of cryptocurrency companies to continue trade past a licensing deadline as it continues to assess applications.

24 FinTech investment rounds from the last week that could tell you about the...

As COVID-19 continues to wreak havoc in the global economy, FinTech companies have continued to raise capital. Here's what the rounds from the past seven days tell us.
Singapore-based Pillow-raises-$18m-for-crypto-investment-app

Singapore-based Pillow raises $18m for crypto investment app

Singapore-based Pillow, which allows consumers to invest into cryptocurrencies, has reportedly raised $18m in its Series A funding.Accel, Quona Capital, Elevation Capital and Jump...

Why Jay-Z-backed Ethos and crypto-based firms aced among the 40 FinTechs raising money last...

From crypto startups raising millions despite Elon Musk pulling out of the bitcoin frenzy to subscription-based firms capitalising on the Covid-19 crisis, this is what you can learn from the 40 FinTech funding rounds of last week.
Blockchain

What are the benefits of blockchain in financial services?

With the rise of new digital technologies that are disrupting the financial market, many industry participants are keen to learn more. What benefits does blockchain offer?

Group of central banks investigating whether the time is right to launch digital currencies...

With everyone from Facebook to singer Akon launching cryptocurrencies, it is hardly surprising that central banks are also looking into leveraging the technology.

How is cryptocurrency changing money laundering?

The cryptocurrency market is booming. With new technologies and new products launching on the market, the industry is seemingly going from strength to strength. With new technologies, however, come new challenges. How is the industry changing money laundering?

Celsius secures $30m in new investment round led by cryptocurrency company Tether International

Blockchain-powered income and lending app Celsius Network has bagged $30m in a new equity round with Tether, the largest stablecoin issuer with a 90% market share, as its lead investor.
BlueSnap, BitPay partner to improve crypto payments

BlueSnap, BitPay partner to improve crypto payments

Global payment orchestration platform BlueSnap has partnered with BitPay, a bitcoin and cryptocurrency payment services provider, to improve access to crypto business payments.

Russian central bank to initiate digital ruble pilot

The central bank of Russia has revealed it is planning to begin a pilot test for a digital ruble with 12 of the country’s top banks.

News Stories

CSI

CSI taps Hawk AI to boost fraud and AML product offering

CSI, a provider of end-to-end FinTech and RegTech solutions, has partnered with Hawk AI to deliver its latest WatchDOG products.
Web3 protocol Polytrade secures seed funding

Web3 protocol Polytrade secures seed funding

Polytrade, a global trade focused Web3 protocol, has secured $3.8m in its seed funding round.
FCA

FCA delays sustainability disclosure requirements introduction

The FCA has revealed it will push back the introduction of its sustainability disclosure requirements for asset managers.
Corvus-insurance-names-new-president-cyber-underwriter

Cyber underwriter Corvus welcomes new president

Corvus Insurance, a cyber underwriter powered by proprietary AI-driven cyber risk platform, has named Prashanth Gangu as president of the company.
Why RegTech is a rising need for BNPL providers

Why RegTech is a rising need for BNPL providers

Last month, the UK government released a draft legislation that will crack down on buy now, pay later firms, which had previously enjoyed little regulatory hurdles. However, times are changing.

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