FEMSA’s fintech arm sees 10 million users in Mexico by 2023
MEXICO CITY, Oct 20 (Reuters) – Spin by Oxxo, the financial technology initiative launched by Mexican bottler and retailer Femsa, is set to reach 10 million...
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Cryptoverse: A crowd of funds bet on the allure of battered bitcoin
Oct 18 (Reuters) – A growing number of funds are banking on the long-term appeal of bitcoin and ether, a cruel gambit in the depths of...
OCC’s Hsu: Bank-fintech partnerships ‘here to stay’, while crypto-hogging ‘brain space’
WASHINGTON, Oct 13 (Reuters) – A top U.S. banking regulator said his caution about banks working with fintechs is not meant to stifle those arrangements, but...
Banks Should Manage Increased Risk From Deposits From Crypto Firms – Fed’s Barr
Oct 12 (Reuters) – Banks that accept deposits from cryptocurrency companies should be aware of increased liquidity risk, especially if firms are heavily interconnected with other...
Regulators propose first global rules before ‘crypto winter’ thaws
LONDON, Oct 11 (Reuters) – Crypto asset companies should set aside capital like banks when they carry out similar activities, regulators suggested on Tuesday in their...
Cryptoverse: Hack jitters push bitcoin investors back to the future
Oct 11 (Reuters) – Being a crypto investor is not easy. They have seen the value of their holdings drop like a brick this year, and...
Crypto giant Coinbase gets Singapore license
SINGAPORE, Oct 11 (Reuters) – Coinbase, the largest crypto exchange in the United States, said it has received approval from Singapore’s central bank to offer payment...
EU crypto rules set to limit dollar-pegged stablecoins
LONDON, Oct 7 (Reuters) – EU rules to regulate cryptoassets will dampen the market share of non-euro stablecoins from 2024, potentially limiting EU competitiveness, industry representatives...
Cryptoverse: Trading Names in an Astounding Crypto-Crazy
Oct 4 (Reuters) – A new NFT trading craze where names are bought and sold for eye-watering sums is providing a multimillion-dollar lifeline for speculators shivering...
Cryptoverse: Bitcoin Miners Get Stuck in a Bear Pit
A bitcoin representation is seen in an illustration photo taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier Register now for...