Norway seizes USD 5.8 million worth of crypto stolen by North Korea
LONDON, Feb 16 (Reuters) – Norway has seized a record $5.8 million worth of cryptocurrency stolen by North Korean hackers last year, Norwegian police said in...
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Pakistani fintech startup Trukkr raises $6.4 million, gets lending license
KARACHI, Pakistan, March 7 (Reuters) – Trukkr, a fintech platform for Pakistan’s trucking industry, said on Tuesday it had raised $6.4 million in a funding round...
Hermes asks court to block ‘MetaBirkin’ NFT sale after jury win
March 6 (Reuters) – French luxury house Hermes International ( HRMS.PA ) has asked a federal court in Manhattan to block artist Mason Rothschild from promoting...
Binance Executives’ Texts, Documents Show Plan to Avoid U.S. Scrutiny – WSJ
March 5 (Reuters) – Binance, one of the world’s largest cryptocurrency exchanges, developed a plan to avoid the threat of prosecution by U.S. authorities when it...
Dollar heads for first weekly loss in five, crypto falls
LONDON, March 3 (Reuters) – The U.S. dollar fell from a 2-1/2-month high against the yen on Friday and appeared poised for its first weekly loss...
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...
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...
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...