Hong Kong and the United Arab Emirates' (UAE) central banks are looking to collaborate on cryptocurrency regulations and financial technology development.On May 30, the Hong Kong Monetary Authority (HKMA) said it met with its counterparts at the Central Bank of the United Arab Emirates (CBUAE) with the two agreeing to BanksCentralCollabCryptoDevelopmentFinTechHongKongRulesUAE Read More
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Unbanked, a crypto fintech firm specializing in crypto custody and payments services, has decided to close its operations, citing a harsh regulatory environment for cryptocurrencies in the United States.
In a blog post published on May 26, CryptoFinTechhurdleRegulatoryShutsUnbanked Read More
Zepz, however, noted that it is hiring more than 200 new roles including software developers, managerial positions and marketing roles, among many others.
In a bid to streamline its business structure for future growth prospects, Zepz, a London-headquartered money transfer platform, has announced the reduction of its workforce by about 26 BusinessEmployeesFinTechGroupLaysRestructureZepz Read More
The Bank of England’s director of fintech, Tom Hutton, recently spoke out on the United Kingdom’s plans to institute a central bank digital currency (CBDC) at the Crypto and Digital Assets Summit in London. LIVE: Crypto and Digital Assets Summit Day 1. Tune in to hear leaders from across the industry BoECryptodoesntFinTechFulfillFunctionsMoney Read More
Garlinghouse expects the Judge to issue a summary ruling on the SEC vs Ripple case before the end of this year.
The SEC vs Ripple Labs lawsuit is slated to be one of the largest legal fights for blockchain and cryptocurrency development in the United States for the next decades. Already, BradCEOCostDubaifightingFinTechGarlinghouseLegalRevealsRippleSECSummit Read More
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, Bolivia passes a law to sell gold for dollars, the Central Bank of Argentina bans fintech companies from using crypto, and Fitch improves El Salvador’s ArgentinaBansBitcoinBoliviaCreditCryptocryptoexchangeDollarsExchangesFinTechFitchGoldNewsRatingSalvadorsSellsUpgrades Read More
Crypto-friendly Hong Kong is still gung-ho about giving its citizens access to crypto trading despite other jurisdictions “taking a step back,” claims the chair of the FinTech Association of Hong Kong (FTAHK).Speaking to Cointelegraph at the Hong Kong WOW Summit in March, FTAHK chair Neil Tan said while Singapore and BitcoinChaircryptoexchangeDwindlingExchangesFinTechGloballyHongKongoptionsStep Read More
Klarna seeks to leverage the power of AI for offering curated shopping experiences to customers while also introducing TikTok features and new tools for advertisers.
The artificial intelligence (AI) revolution is taking over and has only accelerated over the past few months. As a result, companies are making quick pivots AppDiscoveryFeedFinTechFirmHypeKlarnaOverhaulsTikToklike Read More
Crypto-friendly fintech Revolut is reportedly having some issues related to its recently released annual report for the year ending December 2021.Revolut, a British-Lithuanian neobank that allows customers to buy and sell crypto, reported its first-ever full year of profit on March 1, 2023. The firm said it generated a revenue auditDealsFinTechFlagsHappyRedReportRevolut Read More
The collaboration between both entities to enhance USDC payment might attract some forms of skepticism owing to the Fear, Uncertainty, and Doubt (FUD) surrounding Circle, USDC, and the exposure to the three US banks that collapsed in the past week.
American multinational financial services firm Mastercard Inc (NYSE: MA) has entered AustralianEnableFinTechMastercardPartnersPaymentStablecoinStables Read More