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Latest Results from /markets

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SEC says Hex crypto founder defrauded investors and bought $4m diamond

The Securities and Exchange Commission has charged entrepreneur Richard Heart with conducting unregistered offerings of crypto asset securities that raised more than $1 billion and of defrauding investors of $12 million to buy, among other things, a 555-carat black diamond.

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Emea fintech takes biggest hit in funding downturn

The European fintech industry bore the brunt of a global drop in fintech funding during the first half of 2023, declining by more than half over the peceding period.

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FS giants team on open standards project for common cloud controls

The Fintech Open Source Foundation (Finos) is forming an open standard project to describe consistent controls for compliant public cloud deployments in the financial services sector.

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EToro constructs fintech portfolio

EToro has constructed a passive investor portfolio composed solely of shares in 40 leading fintech companies.

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Warwick Business School opens fintech research centre

Warwick Business School has opened a research centre for financial technology backed by a £3 million donation from Clive Gillmore, an alumnus of Warwick University and CEO and Group CIO of Mondrian Investment Partners

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Agile ESG reporting software key in evolving regulatory landscape

Mounting regulatory requirements and growing stakeholder pressure is driving a surge in demand for ESG reporting and data management software, creating a multi-billion dollar market that vendors need to keep up with, according to a report from research firm Verdantix.

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Robinhood hires CEO for UK launch

American stock trading app Robinhood has tapped Freetrade executive Jordan Sinclair to lead its renewed plan for a UK launch.

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UK regtech eflow raises £7m for global expansion

UK-based regtech eflow Global has raised £7 million in a Series A funding round led by Finch Capital.

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US online trading platforms launch in UK

The UK's retail trading platform market has become more crowded following the launch of two separate US ventures.

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FCA implements permanent Digital Sandbox

The UK's Financial Conduct Authority has implemented a permanent Digital Sandbox, making the testpad available full-time for firms wanting to try out innovative technologies.

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UK Treasury rebuffs calls for crypto to be regulated as gambling

The UK Treasury has firmly rejected proposals by an all-party parliamentary committee for consumer trading in unbacked crypto such as bitcoin and ether to be regulated as gambling.

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Iceberg Data Lab launches ESG AI assistant 'Barbatus'

Green fintech Iceberg Data Lab has launched a new product that harnesses generative AI technology to generate real-time, text-based and fully sourced explanations in response to questions regarding the ESG data of portfolio companies.