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With the recently secured Series B funding, Fnality is poised to continue its pioneering work in the tokenization of fiat currencies backed by Central Bank cash. Fnality, a fintech firm focused on building tokenized versions of major currencies collateralized by cash held at central banks, has successfully secured $95 million
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On Nov. 2, the Hong Kong Monetary Authority (HKMA) co-organized the eighth edition of the city’s flagship event alongside InvestHK. At the event came several releases including HSBC prototyping a Decentralized Identity (DID) solution using Polygon ID and the release of a 30th anniversary commemorative NFT from the HKMA. Building for digital
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Architect Financial Technologies, the startup founded by former FTX.US president Brett Harrison, will provide derivatives brokerage services after its Architect Financial Derivatives subsidiary received approval from the National Futures Association (NFA) to operate as an independent introducing broker. The company is eyeing both the cryptocurrency derivatives market and the traditional
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Fintech innovations and emerging technologies have swept the world, causing global lawmakers to rush to understand and regulate them. While some countries like the United States and El Salvador have had a public relationship with adopting new technologies, others have quietly joined the game. Among these is Latvia, a small country
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Australian fintech firm Block Earner is charging ahead with plans to launch a crypto-backed loans product, despite staring down an upcoming court date with the financial regulator for allegedly offering financial products without a license. The new crypto loan product allows Australian crypto investors to use crypto as collateral to borrow
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The firm plans to use the funding to grow internationally and develop the company’s financial engineering platform. Original Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The US SEC has charged a New York-based investment adviser Titan with misleading disclosures related to client crypto assets. The US Securities and Exchange Commission (SEC) has declared formal charges against Titan Global Capital Management. The
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Our traditional financial industry, despite its tenacity and resilience, is beginning to
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto fintech Helio Lending will face a non-conviction bond after falsely claiming it held an Australian credit license. On Aug. 17, the Australian Securities and Investments Commission (ASIC) stated in a press release that crypto fintech Helio
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Fintech, Web3, and artificial intelligence are one economic whole, and our ability to grow each relies on their deep synthesis, says Lex Sokolin, founder of Web3 investment fund Generative Ventures. Source
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