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Bank of Israel unveils design of possible digital shekel

/crypto

Bank of Israel unveils design of possible digital shekel

The Bank of Israel is inviting feedback on a newly-published high-level design for a potential digital shekel.

DORA: Learn how to fortify operational resilience at NextGen Nordics

/regulation

DORA: Learn how to fortify operational resilience at NextGen Nordics

The introduction of the Digital Operational Resilience Act (DORA) in 2022 marked a pivotal shift, requiring financial institutions to bolster their ability to withstand and recover from a range of cyber and operational disruptions. The upcoming NextGen Nordics 2025 event at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025 promises to be a unique platform for banking professionals and industry leaders to explore how DORA is reshaping the financial ecosystem, focusing on operational resilience, cybersecurity, and the future of innovation in the sector.

Turkish investment bank BankPozitif taps Taurus for crypto custody

/crypto

Turkish investment bank BankPozitif taps Taurus for crypto custody

Turkish digital investment bank BankPozitif has teamed up with Swiss blockchain startup Taurus for a push into crypto.

Bitcoin ATM operator jailed for four years

/crypto

Bitcoin ATM operator jailed for four years

The operator of a crypto ATM network in the UK has been sentenced to four years in prison in the first such case brought the FCA.

UK Finance warns businesses to stay alert to tax year end scams

/security

UK Finance warns businesses to stay alert to tax year end scams

As the tax year end approaches, UK Finance’s Take Five to Stop Fraud campaign is urging businesses to stay vigilant against CEO and mandate scams – key tactics used by fraudsters to target businesses.

Bill-split app Cino to expand to UK on €3.5 million funding round

/startups

Bill-split app Cino to expand to UK on €3.5 million funding round

Lithuanian bill-splitting startup Cino has raised has raised €3.5m in Seed funding led by Balderton Capital to expand into the UK.

Lithuanian banking platform myTU raises €10 million

/retail

Lithuanian banking platform myTU raises €10 million

Cloud-first digital banking platform myTU has secured a €10 million fund raise to support product expansion, enhance acquiring and lending services, and prepare for a full banking licence from the Bank of Lithuania.

BofA CEO says bank prepared to launch own stablecoin

/crypto

BofA CEO says bank prepared to launch own stablecoin

Bank of America will look to launch its own dollar-backed stablecoin if US lawmakers make it legal to do so, says CEO Brian Moynihan.

Ramp valuation hits $13 billion

/wholesale

Ramp valuation hits $13 billion

Finance automation and corporate credit card platform Ramp has hit a $13 billion valuation after investors purchased $150 million in secondaries from employees and early backers.

The Payments Association releases recommendations for UK growth in 2025 manifesto

/payments

The Payments Association releases recommendations for UK growth in 2025 manifesto

The Payments Association has released its Payments Manifesto 2025, which calls for the UK government to implement 66 policies recommended by payments professionals.

Visa records spike in Tap to Phone uptake

/payments

Visa records spike in Tap to Phone uptake

Tap to Phone, Visa's technology that turns smart phones into payment terminals, has experienced a 200% increase in usage globally over the past year and a 300% surge among small business owners in the UK.

Crypto prices spike after Trump’s strategic reserve announcement

/crypto

Crypto prices spike after Trump’s strategic reserve announcement

On Sunday, US President Trump announced the creation of a “US Crypto Reserve” on Truth Social.

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