Hong Kong-based fintech company IDA and AUDC Pty Ltd have announced a partnership to launch a new stablecoin-powered cross-border trade initiative. This collaboration aims to modernize trade between […]
South Korea Bans Crypto Apps from App Stores: Impact and Regulation
South Korea has taken a decisive step in regulating digital finance by blocking cryptocurrency exchange apps on major app stores like Apple and Google. This action, effective October […]
Crypto Lending Market: DeFi Surges Amidst Overall Downturn
Despite a broader crypto market downturn, decentralized finance (DeFi) lending is experiencing significant growth. A recent report by Galaxy Digital highlights that DeFi loan activity has surged nearly […]
Anchorage Crypto Bank Under Federal Investigation for Potential Financial Crimes
The U.S. Department of Homeland Security is investigating Anchorage, a prominent crypto bank, for potential financial crimes. This probe marks the federal agency’s increased scrutiny on the digital […]
Metaplanet Inc. Expands Bitcoin Holdings, Entering Top 10 Public Holders
Japanese technology firm Metaplanet Inc. (3350) has significantly expanded its Bitcoin holdings, purchasing an additional 319 BTC at an average price of $83,147 per coin. This latest acquisition […]
Wells Fargo Invests Heavily in Tech Banking, Reaches Largest Talent Push in 20 Years
Financial giant Wells Fargo is making a substantial commitment to its technology banking division. The company plans to expand its tech team by around 10 employees this year […]
U.S. Department of Homeland Security Probes Anchorage Digital Bank Over Alleged Financial Crimes
The U.S. Department of Homeland Security has launched an investigation into Anchorage Digital Bank, a financial institution backed by prominent Wall Street firms, for suspected money laundering and […]
Solape Akinpelu Wins $30,000 Top Prize at Aurora Tech Awards 2025
Nigeria-based fintech founder Solape Akinpelu has taken home the top prize at the Aurora Tech Award 2025, receiving a $30,000 cash reward. Akinpelu’s win comes from her leadership […]
Abu Dhabi Fines Hayvn & Former CEO over Licensing Violations, AML Breaches
Abu Dhabi’s financial watchdog has imposed a significant penalty of over $12 million against cryptocurrency firm Hayvn and its former CEO, Christopher Flinos, for violating regulatory guidelines. The […]
South Korea Bans Unregistered Crypto Exchanges From App Stores
Following a similar action by Google, South Korea’s financial regulator has banned 14 unregistered foreign cryptocurrency exchanges from operating within the Apple App Store. The Financial Intelligence Unit […]
RCO Finance’s Presale Attracts Institutional Interest, Offering Significant Returns
RCO Finance’s token presale is generating significant interest from institutional investors seeking new pathways to navigate the burgeoning crypto landscape and potentially disrupt traditional finance. This momentum stems […]
U.S. Crypto Regulations Expected by August 2025
The U.S. government is preparing to introduce sweeping cryptocurrency regulations, aiming for implementation by August 2025. This legislation will be aimed at providing greater clarity and structure in […]
BlackRock CEO Proposes Blockchain-Driven Asset Tokenization
Larry Fink, CEO of Blackrock, has proposed the use of blockchain technology for tokenizing assets. This bold move aims to revolutionize the financial landscape by streamlining asset ownership […]
Block Inc. Faces $40 Million Penalty for Bitcoin Transaction Oversight Failures
Financial authorities in New York have levied a substantial $40 million penalty on fintech company Block, better known as the creator of Cash App, due to inadequate oversight […]
Block Fined $40 Million Over Inadequate Bitcoin Transaction Oversight
Crypto company, Block, has agreed to pay a hefty $40 million fine stemming from inadequate oversight of Bitcoin transactions through its Cash App service. The settlement with New […]