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?
Coinbase secures regulatory nod for futures trading
Coinbase Financial Markets, Inc. has achieved a significant milestone by receiving regulatory clearance from the National Futures Association (NFA), a CFTC-designated self-regulatory body. This approval allows them to function as a Futures Commission Merchant (FCM) and extend their crypto futures offering to eligible US customers via their platforms.
Visa launches initiative to help creatives benefit from NFTs
Visa has unveiled a new program aimed at helping digital-first creatives grow their small businesses through non-fungible tokens (NFTs).
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.
Bitcoin tech firm River snags $35m Series B
River, a Bitcoin technology and financial services startup, has successfully raised $35m in a Series B funding round.
SEC charges sibling fraudsters for $124m crypto fraud operation
The Securities and Exchange Commission (SEC) has charged siblings John and Tina Barksdale with defrauding thousands of retail investors out of over $124m.
Barclays has reportedly ended its partnership with cryptocurrency exchange Coinbase
Coinbase’s customers have gotten stuck in the middle as the cryptocurrency exchange has allegedly ended its relationship with Barclays.
Crypto firms to be required to register with FCA under new law
A range of cryptocurrency businesses could be forced to leave the UK market if they fail to register with the Financial Conduct Authority by Thursday this week.
Revolut integrates crypto compliance firm Elliptic’s blockchain tools to trace transactions
UK-based digital banking service Revolut has partnered with blockchain firm Elliptic to support crypto withdrawals and guard against risk.
UK government floats plans for cryptoasset regulation
The UK government has unveiled proposals to put cryptoassets into the same regulatory regime as traditional financial services.