PNC becomes first US bank on RippleNet
The bank joined the blockchain payments platform in September 2018.
Cryptocurrency
Digital assets focused SEBA receives Swiss banking licence
It is being hailed as a milestone for the blockchain and digital asset economy.
Wild West to crypto best: How compliance separates cowboys from champions
Major players will be forced into closer collaboration with regulators.
CoinFLEX announces $10m funding and Market Making Program
The initiative will target trading firms, hedge funds and cryptocurrency companies.
David Chaum announces quantum-resistant digital currency
Praxxis emerged from a stealth project in the Cayman Islands.
Israeli government to fast-track fintech and blockcain licences
Around 2,000 fintech and blockchain companies are currently seeking licences.
ICE’s Bakkt set to launch bitcoin futures contracts
Bakkt is “cleared to launch” its trading in bitcoin futures next month.
Top fintech stories this week – 16 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Barclays ends landmark crypto partnership with Coinbase
Coinbase no longer has access to the UK FPS.
HMRC cracks down on crypto investors
The tax authority has requested customer data from UK exchanges.
Blade raises $4.3m from Coinbase
The crypto derivatives exchange is launching in three weeks.
Walmart announce application for cryptocurrency
Shoppers’ money would gain interest in a makeshift bank account.
Monarch creates first recurring crypto payments system
The solution will enable the likes of Netflix and Hulu to accept crypto.
Verrency and Coinify announces new virtual currency partnership
Libra brought virtual currencies into mainstream.
Libra cryptocurrency users face taxing problem
It is not clear how Facebook intend to solve this problem.
Grayscale selects Coinbase to store $2.7bn worth of assets
Coinbase Custody had reached $1 billion in crypto AUM in May.
Blockchain-focused challenger Bitwala raises €13m
The Berlin-based bank is now looking into expansion.
Middle East’s first licenced crypto exchange Rain is live
It also closed a seed round of $2.5 million.
FCA provides clarity on current crypto-assets regulation
To ensure firms know if they are authorised and compliant.
LSE in talks to buy Refinitiv for $27bn
The deal includes debt of $12.2 billion.
Helis Network closes $500k seed funding round
The firm aims to make decentralised finance accessible.
Paysend raises £8.5m for global roll-out
The fintech also launched its own digital currency, Pays XDR.
Thailand grants Huobi digital asset trading licence
The company is the fifth to be granted a licence in the country.
Let’s work together
Bank-fintech collaboration should take priority on this year’s Sibos agenda.
Top fintech stories this week – 19 July 2019
PayTech Awards winners announced!
Altonomy closes $7m seed financing round
The firm provides liquidity for crypto assets.
TEM becomes first cryptocurrency created at Royal Mint
The private crypto keys and genesis block have been stored in the vault.
Bitbond celebrates STO raising $2.3m
The token offering makes Bitbond the first issuer to have its prospectus approved by BaFin.
Banking Technology July/August 2019 issue out now
Drawing the curtains on a bright tomorrow.
Blockchain firm Saga picks FIS for treasury management
Deloitte helped Saga pick its supplier.
RBI to build blockchain-based banking platform
The technology would be for banking officials’ use only.
FCA proposes ban on crypto-based derivatives
The regulator believes the products are ill-suited to retail consumers.
Arival takes step closer to US banking licence
The fintech has launched a $3 million crowdfunding campaign.
Video: fintech news weekly round-up – 24 June 2019
Facebook’s new crypto is here!
Landmark Group and HSBC debut dual-platform blockchain deal
A major step forward in the Middle East’s retail industry adopting blockchain
Crypterium launches prepaid card
The Crypterium Card is loaded with cryptocurrencies and functions just like a traditional prepaid card.
E-wallets and beyond: are cryptos the next step in online casino transactions?
Challenging the dominance of traditional banks within the online casino industry.
Circle Pay shuts down
Circle Pay app accounts will undergo changes starting on 8 July 2019.
Sparrow’s options trading platform takes flight
Trade options will be settled by smart contract.
ABX wins approval for crypto asset exchange and custodian
The exchange has its eyes set on bridging the gap between the MENA region and the rest of the world.
