CryptoUK calls on FCA to oppose banks banning transfers to crypto exchanges
CryptoUK says banks limiting transactions to crypto platforms is “anti-competitive and disproportionate”.
CryptoUK says banks limiting transactions to crypto platforms is “anti-competitive and disproportionate”.
OKX says the move is “temporary and we are working with regulators to solve this issue”.
The FDIC will continue to provide crypto-related deposits directly to customers.
The central banks will conduct joint proof of concept and pilots of bilateral CBDC cross-border transactions.
Fintech innovations combined with 5G advancements could completely transform the way we conduct trade.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Copper intends to “realign” its business to focus on its custody and prime services solutions.
The law enforcement agencies seized seven terabytes worth of data, consisting of 1909.4 BTC.
The firm has appointed Brad Oberwager as CEO and Catherine Porter as chief business officer.
Despite a “robust and growing” business, Anchorage says the cuts are a necessary part of a “strategic realignment”.
Customers’ desire for frictionless and convenient payments will drive innovation in the in-car paytech space.
In this episode of the podcast, we’re joined by Nicholas Soo of HSBC to discuss the future of CBDCs.
The team will monitor the cryptosphere as regulators look to manage risk and promote innovation.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Retailers, service providers and banks “can build up a presence in Web3”, using a modular design method.
The bank plans to repay all deposits it holds and is also hoping to preserve the residual value of its assets.
According to The Irish Times, the firm’s liabilities have outstripped its assets by €2.5 million ($2.6m).
I have never known a technology to divide opinion as much as blockchain.
Explore thousands of open roles on the Fintech Futures Job Board today.
A handy round-up of all the latest funding endeavours by fintech companies across the world.
The selected industry players will participate in use case proposals over the coming months, the central bank says.
According to Bloomberg, Hirji assumed the role earlier this month, joining from Figure Technologies.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Explore thousands of open roles on the Fintech Futures Job Board today.
There is more turmoil to come in the core banking space.
The CSA has laid out enhanced investor protection commitments it expects from exchanges operating in Canada.
The OWF intends to provide the “software engine” that organisations can use to develop digital wallets.
Buy now, pay later – is there a more apt fintech application for our times than BNPL?
The proposed framework will bring virtual assets in line with securities brokers and automated trading venues.
While blockchain is known for crypto, the Commission says the tech has a “wider utility” beyond financial services.
Olga Skorobogatova, first deputy chair of the central bank, announced the news.
The pilot will test the technical feasibility of a CBDC and leverage the “skills and insights” of private industry.
The FSB states that “specific features” of DeFi may see some of its vulnerabilities “play out differently”.
VARA says the new framework will offer “regulatory certainty”, giving market participants greater clarity.
Credit Suisse, Deutsche Bank, Pictet Group and Arab Bank Switzerland all participated in the round.
PayPal is hoping to get a clearer understanding of the evolving regulatory landscape, Bloomberg reports.
Most recently, Wäckerlin was CTO and executive director at Swiss crypto bank Sygnum.
The UAE is aiming to become a “financial and digital payment hub”.
Gate.io says the Coinfirm partnership will give the firm “a solid foundation” and shore up its compliance.
To establish interoperability in global payments, a balance must be struck between collaboration and competition.