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PortuguêsThe Libra Association — the government body of the eponymous stablecoin introduced by Facebook in late 2019 — has formed a new committee to guide the network’s technical development. According…
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J. Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), plans to promote the blockchain-based United States dollar with a new think tank. Giancarlo, who earned the “Crypto…
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Bitcoin is the most mentioned term related to innovative value transfer systems, data from social media on the topic of payment and fintech, reveals. BTC received 957 mentions in December,…
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Payments behemoth Visa acquired financial technology firm Plaid for $5.3 billion, according to a press release published on Jan. 13. Per the release, Plaid has developed a network that allows…
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Credit and payments giant Visa Inc. has reportedly paid over $5 billion for a fintech firm that provides services to connect payments apps to bank accounts. It could be good…
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Fintech and blockchain developer Ant Financial, an affiliate of e-commerce giant Alibaba, has been ranked the fifth most valuable private firm in China. In an inaugural rankings report by Hurun,…
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The U.S. Securities and Exchange Commission (SEC) has reached a settlement with fintech firm Longfin’s CEO, Venkata S. Meenavalli, on charges of fraud. According to an SEC press release Friday,…
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The Hong Kong Institute of Bankers (HKIB) has onboarded six virtual banks as corporate members, according to a Jan. 2 press release. The HKIB is a non-profit institution that provides…
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In another example of the growing appeal of virtual banking in Hong Kong, six licensed virtual banks in the city have joined the Hong Kong Institute of Bankers (HKIB). Virtual…
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A crypto startup providing wifi hotspot sharing services in Nigeria has won funding from the country’s telecom regulator. Wicrypt placed second among 25 tech companies participating in an innovation competition…
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Australia’s former Minister for Broadband, Communications and the Digital Economy has become chairman of the advisory board for an insurance-focused blockchain firm. Stephen Conroy — an Australian Labor Party Senate…
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Customers of Pittsburgh, Pennsylvania based bank holding company and financial services corporation PNC are having a tough time. But why? It has become exceedingly difficult to connect bank accounts to…
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It seems that not a day goes by without another central bank jumping on the crypto train. Yesterday it was South Korea, today it is Sweden as plans to roll…
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Fintech companies in the Federal Republic are quickly moving to develop and offer custodial solutions for digital assets under the new German legislation that will allow banks to store, transfer…
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Amsterdam-based bank ING is reportedly developing cryptocurrency custody technology, Reuters reported on Dec. 12. The digital assets custody service being developed by ING is purportedly part of one of the…
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Africa’s first stablecoin, the Africa Stable-Coin(ABCD) is backed by Nigeria’s national currency, the Naira. Also, the fiat-backed crypto is built on Binance’s native blockchain, the Binance Chain. The crypto momentum…
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China’s securities regulator is reportedly setting up a tech division that will be headed by the former chief of the central bank’s digital currency initiative. Yao Qian, a former director…
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This year has seen the beginnings of a global race to launch central bank crypto-assets (CBDCs). No country has managed it yet but China is emerging as the clear favorite.…
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In an effort to further establish itself as an emerging fintech and crypto hub Lithuania will be issuing the world’s first collectible crypto coins. The commemorative issue coin is dedicated…
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People’s Bank of China is entering another stage of its tests for a crypto payment system. The central bank announced it had completed the preliminary tests and has turned to…
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To support our international expansion and global reach, Cointelegraph is delighted to announce the launch of the Chinese-language version of the publication. Today, Dec. 4, we celebrated the opening of…
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Portag3 Ventures, a Canadian venture capital (VC) firm, has closed a second fund with around $320 million to invest in fintech startup companies globally. On Dec. 3, TechCrunch reported that…
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San Francisco-based fintech firm Figure Technologies has secured $58 million in a recent funding round which aims to raise a total of $103 million. According to a filing with the…
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A former executive of investment bank UBS has established a United States-based digital securities platform. According to a press release on Nov. 27, Claude Waelchli — who served over 12…
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Ripple is a financial settlement protocol to facilitate near-instant monetary transfers between two parties. It is a product of the San-Francisco based fintech company Ripple Labs. Chris Larsen and Stellar…
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89% of China’s blockchain firms have allegedly tried to create their own cryptocurrency, according to a senior exec at a local blockchain association. According to the state-run CCTV on Nov.…
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The first deputy governor of the French central bank has called for distributed ledger technology (DLT)-based settlements and payment systems in Europe. Speaking at the AFME Annual Capital Markets Technology…
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Oman Oil and Orpic Group and HSBC Bank Oman SAOG have conducted the first trade finance transaction on the blockchain in the country using R3’s Corda platform. As news publication…
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On Nov. 21, the United States Congressional Task Force on Financial Technologies held a hearing on the role of big data in financial services. The last major legislation focused on…
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Morocco is looking to expand access to financial services through the integration of blockchain technology in the country’s financial sector. Speaking at the Africa Blockchain Summit in Morocco’s capital of…
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On Nov. 18, Big Four auditing firm KPMG released its 2019 Fintech100 ranking, which lists the top 100 fintech firms in the world. The list saw a drop in Bitcoin-related…
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Lagos-headquartered fintech Opay has sealed $120 million in a series B financing round from a host of high-profile Chinese investors. Founded in 2018 by web browser developer Opera, OPay —…
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OneConnect Financial Technology, the fintech arm of China’s largest insurance company, filed a prospectus on Wednesday for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC).…
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Traditional financial institutions are still leery about decentralized cryptocurrencies. They are only starting to explore the potential of digital assets. But a new breed of banks specializing in crypto have…
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Mastercard proudly announced its new ‘FinTech Express’ platform at the Singapore FinTech Festival. In an interview with Bloomberg, Mastercard Asia Pacific Co-President, Ari Sarker discussed the platform, and also gave…
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It is clear to see that momentum in the crypto industry is all coming from China at the moment. While the US is still fumbling with regulatory uncertainty, the red…
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The Bahrain Economic Development Board (EDB) has introduced a new program to attract more startups to the country. According to a press release on Oct. 29, the investment promotion agency…
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China’s central bank, the People’s Bank of China (PBoC), will use a new system to certify 11 types of fintech hardware and software products relating to digital payments. On Oct.…
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Increasingly questionable cryptocurrency exchange, LAToken, is currently listing an IEO purportedly run by Elon Musk for SpaceX. Although this would be many a tech-fan’s dream, closer inspection reveals that this is…
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The United States Commodity Futures Trading Commission (CFTC) gives its fintech research unit LabCFTC status as an independent operating office. Blockchain and digital assets are an important part of development…
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