Crypto exchange Kraken to shut down betting service, pay fine in US SEC settlement
Feb 9 (Reuters) – Cryptocurrency exchange Kraken has agreed to shut down its cryptocurrency betting service and pay $30 million in fines to settle with the...
Tagged: BISV
Sorry crypto world, but the SEC isn’t backing down on ‘regulation by enforcement’
Feb 8 (Reuters) – For as long as I’ve covered US Securities and Exchange Commission litigation against crypto targets, the industry has harshly criticized the commission...
How Ant fell into fintech’s middle-income trap
HONG KONG, Feb 9 (Reuters Breakingviews) – It has been almost a decade since the company now known as Ant turned China’s clumsy financial system on...
Tough road ahead for US fintech lenders as default risk rises
Jan 13 (Reuters) – U.S. fintech companies that lend to consumers with impaired credit scores face a tough year as rising defaults and interest rates limit...
Revolut nears completion of 2021 accounts as fintech seeks UK license – sources
LONDON, Jan 13 (Reuters) – Fintech firm Revolut Ltd. is close to completing its extended financial statements for 2021, a move that could pave the way...
China’s regulator tells Futu and UP Fintech to stop seeking mainland clients
SHANGHAI/HONG KONG, Dec 30 (Reuters) – China’s securities regulator said on Friday that online brokers Futu Holding and UP Fintech Holding have been operating illegal securities...
The Australian stock exchange’s blockchain failure burns confidence in the market
SYDNEY, Dec 20 (Reuters) – In a Sydney hotel conference room in May, Tim Hogben, the head of securities and payments for ASX Ltd, which runs...
Fidelity National agrees to review, director adds after DE Shaw pressure
NEW YORK, Dec 15 (Reuters) – Fidelity National Information Services ( FIS.N ) said on Thursday it will undertake a strategic review and add a new...
Cryptoverse: Boom or Bust? $30k or $5k? Play bitcoin roulette
Dec 13 (Reuters) – Plucky bitcoin has held steady since seeing off the chaos of the FTX collapse, rallying its strength to rally towards the dizzying...
Co-founder of the NFT platform Blockparty charged with fraud
Dec 7 (Reuters) – The former chief technology officer of Blockparty was arrested on Wednesday after U.S. prosecutors alleged he stole more than $1 million in...