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Latest Results from /markets

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China central bank launches $70bn tech lending programme

The People's Bank of China (PBoC) has announced a re-lending scheme designed to boost the country's science and tech sector.

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Ripple plans stablecoin

Crypto and blockchain giant Ripple is launching its own dollar-pegged stablecoin.

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Iosco to examine business models of ever-expanding exchanges

The International Organisation or Securities Commissions (Iosco) has launched a consultation paper to examine the risks associated with the evolving business models of stock exchanges and other market infrastructures.

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BofE and FCA issue draft guidance on Digital Securities Sandbox

UK regulators are inviting feedback on draft guidance for firms looking to enter the country's new Digital Securities Sandbox (DSS).

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Alpha Group to list on LSE main market

UK-based fintech consultancy Alpha Group is set to move its listing to the London Stock Exchange's (LSE) primary market as part of its expansion.

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Rakuten to merge fintech units

Japanese financial services conglomerate has announced plans to consolidate its various fintech divisions into a single unit.

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Banks told to expand risk management to cover AI

A report from the US Treasury has called on banks to bolster their risk management frameworks in order to avoid being overwhelmed by AI-powered fraudsters and cybercriminals.

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Ex-chancellor's crypto firm served sushi off half-naked models

Guests at a party hosted by a cryptocurrency firm chaired by former UK chancellor Philip Hammond were served sushi off the bodies of half-naked models.

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Warsaw Stock Exchange postpones system upgrade

The Warsaw Stock Exchange (GPW) has pushed back the planned rollout of a new trading system, GPW WATS.

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US charges crypto exchange KuCoin with AML violations

The United States has charged cryptocurrency exchange KuCoin and two of its founders with flouting money laundering laws.

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Swift hails results of CBDC connector testing

Swift says a new round of sandbox testing has found that its central bank digital currency interlinking technology can enable financial institutions to carry out a wide range of transactions using CBDCs and other forms of digital tokens, easily incorporating them into their business practices.

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FundGuard raises $100m

FundGuard, the cloud-native, AI-powered, multi-asset class investment accounting platform, has closed a $100 million Series C funding round led by Key1 Capital.