Chinese regulators are considering custodian requirements for bitcoin to help mitigate effects from its market risks; the custodian support appears to be welcomed by platforms and investors in China; overall, Chinese regulators are taking a more active role in bitcoin market activity as Chinese investors increasingly account for a majority of bitcoin's trading volume. Source
Since WhatsApp began testing its payments feature in February of last year in India, it has processed about a million...
First Digital Asset Bank: OCC Gets Consent Order Against Anchorage Digital Bank For AML Shortcomings
Anchorage Digital Bank, the first-ever charted digital asset bank, has been hit with a consent order from the Office of the Currency of the Comptroller (OCC),...
Dave launched as a fintech that helped customers avoid overdrafts by providing interest free cash advances; the fintech is now...
Alameda Research provided emergency credit lines to the now-bankrupt crypto lender, in which it owned a minority stake. Bankruptcy filings show Alameda was also a customer.
FTX has raised $400 million in a Series C funding round that values the cryptocurrency exchange operator at $32 billion....
China's State Administrative of Foreign Exchange (SAFE) has granted Qualified Domestic Institutional Investor (QDII) quotas of US$89.9 billion to 132 Chinese mainland financial institutions; the new quotas follow positive investment catalysts including a Hong Kong stock market rally; the new quotas give Chinese asset managers broader freedom for investment in foreign fixed income and equities. Source
On the second day of the Fintech Nexus USA conference, Nubank's David Vélez recounted in direct terms the multi-year overnight success.
Despite the ongoing decline in the crypto markets, Milo has released new lending options for digital natives.
Fresh off their €56 million funding round in February Swedish fintech platform, Tink, is partnering with British bank NatWest; the...