Ripple has acquired the financial management system company GTreasury in a deal worth $1 billion, marking its entry into the expansive multi-trillion-dollar enterprise finance market. This acquisition provides […]
Stablecoins: Revolutionizing Cross-Border Payments
A new KPMG report reveals how stablecoins are set to transform the world of international money transfers. By significantly reducing settlement times and transaction costs, these digital currencies […]
BMONI: Redefining Finance for Young Africans
On October 13, 2025, BMONI officially launched its platform at Ox Lagos, marking a significant entry into Nigeria’s thriving fintech scene. The company’s ambitious goal is to rewrite […]
Record Bitcoin Holdings for Public Companies Exceed $117 Billion
Public companies have reached a new milestone in their Bitcoin holdings. According to BlockBeats data, the total value of Bitcoin held by these firms now stands at approximately […]
ISO 20022: The New Standard Revolutionizing Global Payments
A significant transformation is underway in the global financial system, marked by a shift from outdated methods to a more efficient and interconnected world of payments. ISO 20022, […]
Bank of England Implements Temporary Restrictions on Stablecoins
The Bank of England and the Financial Conduct Authority (FCA) have imposed temporary limits on stablecoins to mitigate systemic risk, focusing on UK fintech regulation and innovation. This […]
Bank of England to Temporarily Limit Stablecoin Holdings
The Bank of England has proposed temporary restrictions on individuals and businesses holding stablecoins, aiming to mitigate risks associated with rapid adoption. Deputy Governor Sarah Breeden warned that […]
CME Group Takes Lead in Crypto Futures Open Interest
The CME Group has overtaken Binance as the leading platform for crypto futures open interest, marking a significant shift towards traditional finance dominance within the cryptocurrency market. This […]
Zeta Network Secures $230M Through Bitcoin-Backed Private Sale
Zeta Network Group has raised nearly $230.8 million through a private share offering using Bitcoin (BTC) or SolvBTC — a wrapped Bitcoin token issued by Solv Protocol. The […]
Sony’s Banking Arm Eyes US National Bank License for Crypto Services
Sony Group’s banking division has taken the first step towards operating in the cryptocurrency space by submitting an application for a U.S. national bank license. Connectia Trust, the […]
Peter Thiel’s Erebor Secures Key Banking Charter in US
Erebor, a financial services firm backed by billionaire Peter Thiel, has obtained regulatory approval to operate in the United States. This clearance, granted by the Office of the […]
Sony Subsidiary Seeks National Bank Charter for Crypto Services
Sony’s Connectia Trust is seeking a US national bank charter to provide cryptocurrency services, including issuing a stablecoin and managing digital assets. The company’s application marks the latest […]
OCC Grants Erebor Bank License to Enter Crypto Market
Erebor Bank, a fintech company backed by Peter Thiel, has received conditional approval from the OCC to enter the cryptocurrency and AI banking sectors. This significant move signals […]
U.S. Regulators Approve New Bank Focused on Innovative Sectors
The U.S. has granted conditional approval for the launch of Erebor, a new bank aiming to serve companies and investors working within sectors like cryptocurrency, artificial intelligence, defense, […]
Erebor Bank Receives National Bank Charter, Signaling Shift in Cryptocurrency Regulation
Entrepreneur Peter Thiel’s investment firm has played a key role in launching Erebor Bank, the first new bank to receive a national charter since 2018. This move signifies […]