Fintech darling Stripe has first-world problems
LONDON, March 2 (Reuters Breakingviews) – When a startup raises money at a lower valuation than before, it’s usually a bad sign. When it’s a fintech...
Tagged: Europe
Crypto exchange Coinbase ditches lender Silvergate
March 2 (Reuters) – Cryptocurrency exchange Coinbase Global Inc ( COIN.O ) cut financial ties with Silvergate Capital Corp ( SI.N ) on Thursday, saying it...
Revolut’s 2022 revenue grew 33% despite crypto winter
LONDON, March 1 (Reuters) – Fintech company Revolut made its first full-year profit in 2021 and recorded a 33% jump in revenue last year, its finance...
UK’s first crypto regulations setting “robust” standards
LONDON, Jan 31 (Reuters) – Britain’s Treasury is planning “robust” regulations for cryptoassets, following the collapse of crypto exchange FTX last year, which left millions of...
IMF flags obstacles to debt restructuring, says banning crypto should be an option
BENGALURU, Feb 25 (Reuters) – Group of 20 (G20) nations have some disagreements over debt restructuring for distressed economies, the head of the International Monetary Fund...
‘Extraordinary momentum’: Climate fintech investment more than doubles to $2.9 billion
Climate fintech startups raised a record $2.9 billion in new funding in 2022 as investment defied significant economic headwinds to more than double 2021 levels. That’s...
The EU calls for quick rules on crypto capital for banks
LONDON, Feb 20 (Reuters) – Tough capital rules for banks holding cryptoassets must be followed up in the EU’s pending banking law if Europe is to...
EU lawmakers to vote on tighter crypto, ESG rules for banks
Lawmakers to vote on tougher shadow banking rules Legislators seek to link ESG with bonuses Lawmakers are seeking to adapt to global rules for crypto LONDON,...
Crypto lending unit of Genesis files for US bankruptcy
Jan 20 (Reuters) – The lending unit of crypto firm Genesis filed for U.S. bankruptcy protection on Thursday, owing creditors at least $3.4 billion after being...
Wirex partners with Visa to expand crypto payments to APAC as Bakkt sunsets its consumer-facing app
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