Fintech Giant Revolut Boasts First Annual Profit After Crypto Boom
Top line Fintech giant Revolut, one of Europe’s most valuable startups, reported on Wednesday turning its first ever annual profit in 2021, a major milestone for...
Tagged: US
Klarna is not a buy now pay later (BNPL) company
Hilton attends the Klarna & Paris Hilton House of Y2K Launch Party on February 23, 2023 in Los Angeles, California. (Photo by Jon Kopaloff/Getty Images for...
Banks cannot continue to take risks for crypto and fintech customers
Fintechs have been free on the banking industry. Until now, they have been able to trust … [+] on the banks to do the heavy lifting...
Crypto companies need to stop poking regulators in the eye with a stick
the financial system. Gary Gensler, Chairman of the Securities and Exchange Commission. (Photo by Alex Wong/Getty Images) Getty Images The financial industry in the US is...
Visa, Mastercard pause crypto push in wake of industry meltdown – sources
Feb 28 (Reuters) – U.S. payments giants Visa ( VN ) and Mastercard ( MA.N ) are slowing plans to forge new partnerships with crypto firms...
Cryptoverse: Bitcoin Moves Towards Satoshi’s Payment Dream
Feb 28 (Reuters) – Satoshi Nakamoto would be proud. Youth bitcoin may finally repay its creator’s faith. The 15-year-old cryptocurrency has filled many roles – from...
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...
US judge allows lawsuit claiming NBA Top Shot NFTs are securities
NEW YORK, Feb 22 (Reuters) – The creator of a marketplace for National Basketball Association Top Shot non-fungible tokens must face a lawsuit claiming the tokens...
The trade group argues that the US SEC case unfairly labels cryptos as securities
Feb 22 (Reuters) – Cryptocurrency industry association the Chamber of Digital Commerce is urging a federal court to dismiss a case brought by the U.S. Securities...