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Senior US officials call on Congress to step up crypto regulation...
Four senior US officials in the White House have called on the US Congress to ‘step up its efforts’ in regulating the cryptocurrency market.
Stripe sees valuation cut by 11%
Stripe, the US-based PayTech giant, has reportedly seen its valuation cut by 11% and now sits at $63bn.
Federal bank regulatory agencies issue statement on crypto
Federal bank regulatory agencies have issued a joint statement to highlight key risks for banking organisations associated with crypto-assets and the crypto-asset sector.
Nationwide closes home repair service Anew
Nationwide, a British mutual financial institution, has reportedly closed its virtual home repair system Anew.
London becomes the top global hub for FinTech investment
London has climbed ahead of San Francisco and New York to become the world’s biggest center for FinTech investment, according to a report by Dealroom.
What financial institutions need to know about GTOs
Geographic Targeting Orders (GTOs) were recently reissued by FinCEN and could pose regulatory requirements to banks. But what do they need to know?
Root Insurance partners with Tractable to boost claims operations
Root Insurance, a public US-based InsurTech company, has teamed up with InsurTech100 company Tractable to bolster its claims operations.
Mining Capital Coinâ€™s CEO charged for alleged $62m fraud scheme
An indictment was unsealed that charges Mining Capital Coinâ€™s CEO for allegedly orchestrating a $62m global investment fraud scheme.
5 US investment banks face $1bn in fines
Five US investment bank giants are reportedly faced with $1bn in fines for failing to monitor employees using unauthorised messaging apps.
EasyDMARC closes seed funding to combat email phishing
EasyDMARC, a B2B SaaS solution that improves email authentication and prevent email phishing, has collected $2.3m in seed funding.