A major regulatory shift allows U.S. banks to operate in the cryptocurrency world without pre-approvals from the Federal Reserve. Previously, banks were required to notify the Fed about […]
Fed Reshapes Crypto Supervision: Banks Now Responsible for Risk Management
The U.S. Federal Reserve has abandoned prior reporting requirements on bank cryptocurrency activities, paving the way for a new era of risk management by financial institutions themselves. Letter […]
Crypto Fraudster Faces 18 Years in Prison: $12 Million Scam Sentence
A significant legal development has highlighted the ongoing efforts to combat illicit activity within the cryptocurrency sector. Eugene William Austin Jr., convicted of defrauding investors out of $12 […]
ether.fi Launches Neobanking Solution Combining Crypto Yield with Everyday Finance
ether.fi is preparing to revolutionize financial experiences with a new app that combines the benefits of DeFi with traditional banking needs. The app will offer users features like […]
Federal Reserve Relaxes Cryptocurrency Trading Regulations
The Federal Reserve has announced a significant easing of its regulatory stance on cryptocurrency transactions, marking a shift towards greater flexibility within the banking sector. This change removes […]
Federal Reserve Lifts Crypto Restrictions: A New Era of Banking and Blockchain
The Federal Reserve has removed its restrictions on banks engaging with cryptocurrencies, marking a significant shift in how financial institutions will interact with the rapidly growing digital asset […]
Revolut Experiences Record-Breaking Profit Surge: Crypto Trading Fuels Success
Fintech giant Revolut has achieved record-breaking financial success in 2024, with profits surging by over 150% to reach $1.3 billion. This impressive growth is fueled by a surge […]
Comcast and Fiserv Stocks Fall: Market Challenges Impact Q1 Performance
Both Comcast and Fiserv experienced stock declines during the first quarter of 2025, despite strong financial performance for both companies. While Comcast maintained stable finances, its diversified operations […]
Sopra Steria Unveils Integrated Crypto Platform for Banking Industry
Sopra Steria, a leading technology provider for financial services, has launched a tailored solution to help banks seamlessly integrate crypto-asset offerings into their portfolios. Their new platform, Sopra […]
Crypto Payments Go Mainstream: Pulsar’s Approach for a Seamless and Fun Experience
Could cryptocurrency payments become as familiar as sending memes? In the latest episode of The Clear Crypto Podcast, Nathan Jeffay from StarkWare and Gareth Jenkinson from Cointelegraph discuss […]
Revolut Eliminates Weekend Currency Fees for Premium Users
Global fintech company Revolut has announced the removal of weekend currency exchange fees for its Premium, Metal, and Ultra customers, effective immediately. This change enhances travel benefits for […]
Revolut Records Massive $1.4 Billion Profit in 2024 Driven by Crypto and Customer Expansion
Financial technology company Revolut has announced a record-breaking year, reporting $1.4 billion in profit for 2024. The achievement is attributed to strong growth in their crypto division, expanding […]
Revolut Reaches Record $1.4 Billion Profit Driven by Crypto Surge
Financial giant Revolut has announced a record pre-tax profit of $1.4 billion in 2024, largely attributed to booming cryptocurrency trading, specifically in Bitcoin and Ethereum. This surge reflects […]
Will Crypto Banks Become Reality? OCC’s Actions Open Doors
Several prominent crypto and fintech companies are actively seeking banking licenses from the U.S. Office of the Comptroller of Currency (OCC) as new policies make it easier for […]
African Fintech Funding Plummets as VCs Embrace AI-Powered Startups
African fintech companies saw funding plummet by 16% to $117 million in Q1 2025, according to data from CB Insights. This marks a sharp decline from the previous […]