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 […]
SEC Revamps Cryptocurrency Regulation Strategy Under New Leadership
The U.S. Securities and Exchange Commission (SEC) is undergoing a significant shift in its approach to regulating cryptocurrency, as new leadership brings about an innovative strategy emphasizing collaboration […]
SEC Considers ‘Sandbox’ for Crypto Exchanges to Test Tokenized Securities
The U.S. Securities and Exchange Commission (SEC) is exploring a regulatory sandbox concept for digital assets, potentially allowing crypto exchanges to experiment with offering tokenized securities more freely. […]
Senators Reintroduce Bill To Ban Crypto Co-mingling, Boost Transparency
U.S. Senators Thom Tillis and John Hickenlooper have reintroduced the Proving Reserves of Others Funds Act (PROOF Act) to address concerns over crypto fund co-mingling following the FTX […]
Standard Chartered & OKX Partner to Drive Institutional Cryptocurrency Access
Standard Chartered and OKX have announced a strategic alliance to facilitate greater access for institutional investors in the cryptocurrency market. The partnership aims to streamline trading processes and […]
Block Faces $40 Million Penalty for Compliance Failures on Cash App
Jack Dorsey’s fintech company, Block (formerly known as Square), has been hit with a hefty $40 million fine by the New York Department of Financial Services (NYDFS). This […]