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Latest Results from /crypto

/crypto

Opinions split over SEC approval of bitcoin spot ETFs

In a landmark judgement, the US Securities and Exchange Commission has approved 11 bitcoin spot ETFs paving the way for mass adoption of digital assets.

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SEC X account hacked and used to send bogus bitcoin news

The US Securites and Exchange Commission has confirmeed that its X account was hacked and used to post spurious approval for the listing and trading of spot Bitcoin exchange-traded products.

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ECB issues digital euro vendor call

The European Central Bank has opened applications for vendors to provide components and related services for a potential digital euro in contracts that could total more than EUR1 billion.

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Circle scores French regulatory registration

USD Coin issuer Circle has secured conditional Digital Asset Service Provider registration from French authorities and appointed JP Morgan and PayPal veteran Coralie Billmann to spearhead its operations in the country.

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Finextra's year in review

With 2023 drawing to a close, we take a look back at our most popular news items, videos and community engagement activities over the course of the past year.

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Nineteen firms apply for admission to Digital Securities Sandbox

The UK Government says it has received 19 expressions of interest from incumbent financial market infrastructures, banks and new entrants to participate in inaugural tests of its Digital Securities Sandbox.

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Fiat Republic raises $7m to bridge gap between Web3 and banking

Fiat Republic, a BaaS startup working to simplify the process of crypto platforms connecting with bank transfer networks, has raised $7 million in a seed funding extension round.

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Iosco issues DeFi policy recommendations

International securities regulator Iosco has set out nine policy recommendations designed to address market integrity and investor protection concerns connected to decentralised finance (DeFi).

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Revolut suspends crypto buying for UK business customers

Revolut has suspended some crypto services for business users until it gets up to speed with new regulations on financial promotions.

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SEC denies Coinbase petition for crypto rules

The Securities and Exchange Commission has denied a petition from crypto exchange Coinbase asking the regulator to put in place new rules specifically for the digital asset sector.

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Elon Musk’s X granted payment processing license in 13 US states - and counting

The social media platform formerly known as Twitter received approval for payments services from Pennsylvania, building on Musk’s ambitions of transforming X into an “everything app” where users can conduct their “entire financial life” on the app.

/crypto

Programmable money startup Pave Bank moves out of stealth

Programmable money startup Pave Bank has moved out of stealth with a $5.2 million funding round and a digital commercal banking licence in Georgia.