China Merchants Bank (CMB), one of China’s largest banks with assets exceeding $1.7 trillion, has launched a cryptocurrency exchange platform in Hong Kong. This comes after receiving the […]
Nubank Records Record Q2 2025 Growth, Driving Expansion in Brazil’s Fintech Landscape
Brazilian digital bank Nubank achieved impressive growth in the second quarter of 2025, reporting a 40% revenue increase and $637 million net income. This substantial surge in customer […]
SEC Delays XRP ETF Decisions, Whales Accumulate Ahead of Potential Market Surge
Despite the U.S. SEC delaying decisions on multiple Spot XRP ETFs applications submitted by Bitwise, CoinShares, and 21Shares, institutional investors are taking action. Over the past 48 hours, […]
Nexchain Testnet Launches: First Look at AI-Powered Finance
Nexchain, a pioneering web3 presale project, has launched its testnet, offering users and developers a chance to experience the power of its innovative AI-driven blockchain technology. This marks […]
Finanxai’s $200 Million IPO Sets DeFi Stage for Wall Street Revolution
Finanxai, an innovative company blending blockchain technology and financial intelligence, is set to launch a groundbreaking IPO on NASDAQ worth $200 million. This move has ignited excitement in […]
TradeAlgo Debuts Mobile App for Real-time Market Insights
New York, United States – August 18th, 2025 – FinanceWire – TradeAlgo today launched its new mobile app on the Apple App Store, empowering investors with real-time market […]
Fuze Receives Fine from VARA Following AML Failure
The Dubai Virtual Assets Regulatory Authority (VARA) has issued a penalty against Morpheus Software Technology FZE, better known as Fuze. The company’s failure in its Anti-Money Laundering (AML) […]
Daily Market Recap – August 18th
Crypto and fintech news continue to dominate this week’s market wrap. The Federal Reserve has shifted its oversight of the industry to standard regulatory frameworks, while Grayscale seeks […]
Federal Reserve Lifts Crypto Supervision Program: Implications for the Industry
The Federal Reserve has officially ended the ‘Novel Activities Supervision Program’ which previously applied extra scrutiny to banks involved in crypto businesses. This move signals a significant shift […]
New Blockchain Ventures Capture Global Attention
The world of blockchain innovation is experiencing a surge, with companies focusing on stable cryptocurrencies and tokenizing real-world assets. Circle’s new payment network Arc has emerged alongside Stripe’s […]
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Thailand Launches TouristDigiPay: Crypto to Baht Conversion for Tourists
Thailand has launched TouristDigiPay, a groundbreaking initiative that allows tourists to seamlessly convert their cryptocurrencies into Thai baht for convenient QR payments. This innovative program, spearheaded by the […]
Tiger Global Buys Circle Shares, Signaling Growing Institutional Interest in Fintech
Tiger Global Management has acquired a significant stake in Circle after the fintech firm’s recent IPO. The investment of 125,000 Class A shares signals a growing trend of […]
Federal Reserve Terminates Novel Activities Supervision Program
The Federal Reserve has officially ended its Novel Activities Supervision Program, marking a significant shift in financial regulation for cryptocurrency and fintech businesses. The decision marks the return […]
Federal Reserve Halts Crypto Banking Supervision, Signaling New Era of Stability
The Federal Reserve has ceased targeted supervision of cryptocurrency banking activities, ending its Operation Chokepoint 2.0 program. This landmark decision, supported by U.S. Senator Cynthia Lummis, is expected […]