Fintech

Binance, the largest crypto exchange in the world, continues to expand its team. The company has recently invited Nils Andersen Röed, the former project leader of the Dark Web Unit of the Dutch National Police, to become their new Director of Audit and Investigations. More on Binance’s new employee  According…

Binance has publicly denied the accusations that it provides intermediary services or financial advice. The board has also clarified Binance has nothing to do with Binance Group. Quick response to accusations Less than a day has passed since the Financial Sector Conduct Authority of South Africa (FSCA) issued a warning…

Kraken, one of the world’s leading crypto exchanges, has announced its plan to donate $250,000 (~£182,000) to support the development of Ethereum 2.0.  Enter Kraken  Kraken is a US fintech company owning and operating one of the world’s leading crypto exchanges. It holds fourth place by the number of…

Swiss blockchain firms Crypto Finance and Inacta, as well as InCore Bank have partnered to create regulated tokenised products on Tezos blockchain for institutional clients. Smart contracts to support financial markets The partners will leverage Tezos DAR-1 solution, based on the FA2 financial products tokenisation standard. It enables developers…

Private fintech companies showed record high international growth in the first half of 2021. In this regard, regulators are doing their best to protect the traditional financial system from destabilisation. 19th August, the Central Bank of Nigeria (CBN) froze bank accounts of four fintech firms for up to 180 days.

David Marcus, Head of F2 (Facebook Financial), has announced that Novi, Facebook’s new wallet, is all but ready to enter the market. Being a firm believer in the future of his brainchild, Marcus also added that Novi is something the world has deserved for a long time now. “Change is long…

On Monday, Deutsche Telekom AG, the largest telecommunications service provider in Europe, announced that it would leverage Coinbase Custody to hold the company’s CELO tokens, allowing Deutsche Telekom to focus on the digital assets of its subsidiary T-Systems MMS. Celo is a global payments infrastructure that makes financial tools…

Blockchain Australia claims Oz can’t keep up with other jurisdictions in blockchain technology regulation, while authorities are neither willing to negotiate nor develop an adequate regulatory framework. Grip of crypto regulation in Australia Last Friday, CEO of Blockchain Australia, Steve Wallas, told the Senate Select Committee on Australia that…