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Latest Results from /markets

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EToro USA to stop offering trading in most crypto following SEC settlement

Social investing platform eToro's US business has agreed to pay $1.5 million and stop trading activity in nearly all crypto assets to settle Securities and Exchange Commission charges.

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Northern Trust launches blockchain-based carbon credit ecosystem

Asset servicer Northern Trust has launched a blockchain-based platform which enables institutional buyers to digitally access carbon credits.

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Standard Chartered hails "pivotal moment" with launch of digital asset custody service in UAE

Standard Chartered has launched a digital asset custody service in the UAE.

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Labour Government gives backing to new private market system

The new Labour Government says it remains committed to taking forward the Private Intermittent Securities and Capital Exchange System (Pisces), a bespoke regulated market for private company shares.

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Mirrorweb raises $63 million as regulators clamp down on off-channel record keeping

Market communications surveillance firm Mirrorweb has secured a $63 million growth equity investment from Mainsail Partners.

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FDIC hints at new bank reconcilement rules following Synapse failure

The US Federal Deposit Insurance Corporation (FDIC) is looking at plans to protect customers from fintech failures, reports Bloomberg Law.

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Sustainable Finance Live 2024: Bank of Spain releases report on satellite data

The Bank of Spain has recently released a report outlining the potential of satellite data to make a difference in collecting climate-related data.

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Santander Spain appoints new CEO Ignacio Juliá

Ignacio Juliá, formerly CEO of ING for Spain and Portugal, is to be appointed as CEO of Santander Spain.

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Binance Kazakhstan gains consent for full regulatory license

Binance Kazakhstan has been granted consent for a full regulatory licence from Astana Financial Services Authority (AFSA).

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Gen AI for compliance startup Sedric Ai raises $18 million

Amerian Express Ventures has joined an $18 million funding round in Sedric AI, a startup developing a dedicated compliance large language model (LLM) for financial services.

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Siemens issues €300 million digital bond on blockchain

Siemens has issued its second digital bond on blockchain rails in support of European Central Bank and Deutsche Bundesbank digital ledger trials.

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Citi reports growing convergence of traditional and digital assets

The move to shorter settlement cycles and increasing regulatory clarity is leading to an accelerating convergence between traditional and digital assets, reports Citi.