A Florida-based pharmaceutical company, Wellgistics, is spearheading a significant shift in pharma payment processing by leveraging the XRP blockchain network. This move aims to drastically improve efficiency and […]
Ex-Celsius CEO Sentenced: 12 Years Imprisonment Marks Major Crypto Fraud Milestone
Alex Mashinsky, the former CEO of Celsius Network, has been sentenced to 12 years in prison for orchestrating a massive crypto fraud. His actions resulted in a staggering […]
US Regulators Approve Banks’ Involvement in Crypto Activities
A major policy shift by US regulators has paved the way for banks to engage directly in cryptocurrency activities. This allows them to buy, sell, and manage cryptocurrencies, […]
Upbit Implements New Verification Procedures to Meet Regulatory Demands
South Korean cryptocurrency exchange Upbit, operated by Dunamu, will make changes to its customer verification processes starting May 13, 2025, following pressure from the Financial Intelligence Unit (FIU). […]
U.S. Banks Get Green Light for Crypto Services, New Guidance Issued
The U.S. Office of the Comptroller of the Currency (OCC) has issued clarifying guidance stating that banks can now facilitate crypto transactions for their clients. This move paves […]
US Banks Can Now Offer Crypto Services, Thanks to New Regulatory Framework
In a major shift for the financial industry, the U.S. Office of the Comptroller of the Currency (OCC) has issued new guidelines allowing banks to offer cryptocurrency custody […]
Ripple’s $1.25 Billion Investment in Hidden Road: Expansion into Abu Dhabi
Ripple Labs, a leading fintech company, has acquired Hidden Road, a global prime brokerage firm specializing in digital and traditional assets, for $1.25 billion. This strategic acquisition will […]
Wellgistics Health to Integrate Ripple’s XRP for Streamlined Healthcare Transactions
Healthcare infrastructure provider Wellgistics Health announced a strategic move to integrate Ripple’s XRP and related technologies into its payment network. This integration aims to streamline transactions between pharmacies, […]
Meta Returns to Cryptocurrency: New Ventures For Global Expansion
Meta is poised to make a comeback in the cryptocurrency world, after previously abandoning its project. The company’s vast reach through applications like Facebook and WhatsApp presents an […]
Sonic Labs Secures $10M Funding Boost from Galaxy to Expand Blockchain Footprint
Sonic Labs has secured a significant $10 million funding round, fueled by investment firm Galaxy Digital. This funding will be instrumental in bolstering Sonic Labs’ presence in the […]
Moniepoint Drives Trade in Onitsha with Over 2/3 of In-Person Payments Processed via POS Terminals
A new case study from Moniepoint Inc., Nigeria’s leading fintech and business banking provider, reveals the transformative impact of their innovative digital payment solutions in Onitsha, West Africa’s […]
Saudi Arabia to Lead Fintech Revolution with ‘Fintech Revolution Summit 2025’
Get ready for a fintech revolution in the Middle East! Saudi Arabia is poised to take center stage as the next big hub for financial technology, hosting the […]
OCC Allows US Banks to Offer Crypto Services, Enabling Expansion into Digital Assets
The Office of the Comptroller of the Currency (OCC) has issued new guidance allowing U.S. banks to buy, sell, and manage crypto assets under their custody. This marks […]
Revolut Teams Up with Fourthline to Enhance User ID Verification
Global fintech Revolut has partnered with identity services provider Fourthline to strengthen user verification processes, ensuring robust compliance and simplified onboarding in Europe and the UK. This collaboration […]
Stripe Unveils New Stablecoin & AI-Powered Payment Solutions for Businesses
Stripe, a leading payment technology provider, has unveiled innovative stablecoin and AI payment solutions to simplify global money management for businesses worldwide. This announcement follows Stripe’s acquisition of […]