OCC recognises stablecoins to be used in settlement of financial transactions
Cryptocurrencies have taken another step to becoming acknowledged by traditional institutions as a top US regulator has approved the use of stablecoins for the settlement of financial transactions by banks.
Latin America and teen-focused FinTech services are coming of age as the industry closes...
Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.
Libra changes name to Diem as it is gearing up for launch
The Libra Association has changed its name to the Diem Association to reinforce "its organisational independence" as the cryptocurrency could launch as early as January.
Libra could launch as early as January
The Facebook-led Libra Association is reportedly gearing up to launch its cryptocurrency at the start of 2021.
Coinbase responds to racism and discrimination allegations
Coinbase has been accused of having created a culture fraught with bullying, racism and discrimination against black people in a new exposé from the New York Times.
Cred customers worry about their money as crypto firm files for bankruptcy protection
Crypto firm Cred has filed for Chapter 11 bankruptcy protection and now customer worry about their money.
Norway is in no rush to introduce digital currency as use of cash plummets
While only 4% of transactions in Norway are conducted with cash, the nation's central bank is in no hurry to introduce a digital currency.
30 FinTech rounds from last week you cannot afford to miss
What do the 30 FinTech funding rounds from last week tell us about the state of the industry?
Kik Interactive fined $5m for unlawful tokens sale
Chat app developer Kik Interactive has entered into a settlement with the Securities and Exchange Commission for the unlawful sale tokens in 2017 and has agreed to pay $5m in fines.
How the 34 FinTech rounds raised last week show where the InsurTech and cybersecurity...
Last week proved to be good week in terms of FinTech investment, with the rounds revealing the state of CyberTech and InsurTech.
