Ripple steps into Icelandic market through acqui-hiring the team behind digital asset trader Algrim
Blockchain-powered money-transfer company Ripple has acquired Icelandic Algrim, the asset trading enterprise.
Does new Libra rival Saga have what it takes to appease regulators?
The founder of Libra rival Saga reveals why he believes the new digital currency might be more successful than the Facebook project.
Revolut reveals that cryptocurrency trading is returning to normal after a COVID-19 dip
Interest in trading in bitcoin and other cryptocurrencies dropped as the coronavirus started to spread around the world, but new data from Revolut indicates a return to normal levels.
Boxer Manny Pacquiao launches FinTech PacPay
Manny Pacquiao has been busy since hanging up his boxing gloves, having embarked on a career as a senator and, now, as the founder of payments company PacPay.
Coinsquare receives investment worth about $56.4m
Digital payments and financial technology company Mogo has invested in Canadian cryptocurrency trading platform Coinsquare.
Temenos, Taurus join forces to bolster digital asset access for banks
Swiss banking technology firm Temenos has partnered with digital asset platform Taurus to integrate the latter’s digital asset infrastructure into Temenos’ platform.
Andreessen Horowitz leads $9m round for Solana’s Phantom wallet to develop its multichain feature
Phantom, a crypto wallet and browser extension for accessing decentralized finance (DeFi) applications, has raised $9m in a Series A funding round led by Andreessen Horowitz (A16z).
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.
Newton Crypto bags $20m Series B funding
Canadian cryptocurrency trading platform Newton Crypto has raised $20m from a financing raise led by DV Chain.
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.