FinTech
Countries around the world are passing crypto laws — but the U.S. is the top cop out there
A flag outside the U.S. Securities and Exchange Commission headquarters in Washington, Feb. 23, 2022. Al Drago | Bloomberg | Getty Images Regulators around the world from Europe to Asia ramped up efforts to bring about formal laws for digital currencies in 2023 — but it was the U.S. that took some of the harshest […]
Read More
Heroes to zeroes in 12 months: How the two biggest crypto billionaire CEOs proved the critics right
Combination showing Former FTX CEO, Sam Bankman-Fried (L) and Zhao Changpeng (R), founder and chief executive officer of Binance. Getty Images | Reuters After a brutal 18 months of bankruptcies, company failures and criminal trials, the crypto market is starting to claw back some of its former standing. Bitcoin is up more than 150% this […]
Read More
Coinbase secures crypto license in France, pushing deeper in Europe amid rift with the SEC
POLAND – 2023/08/01: In this photo illustration, a Coinbase logo shown on a smartphone with inventory server lights in the track record. (Picture Illustration by Omar Marques/SOPA Images/LightRocket by way of Getty Photographs) Sopa Illustrations or photos | Lightrocket | Getty Visuals Cryptocurrency exchange Coinbase secured registration with the French marketplaces regulator, a organization spokesperson […]
Read More
$4.7 billion European fintech agency Pleo appoints new CFO, pointing to IPO hopes
The Pleo app pictured on a smartphone next to 1 of the fintech firm’s company playing cards. Pleo Danish fintech company Pleo has appointed a new chief money officer, the organization informed CNBC exclusively, beefing up its executive crew — a signal the company is readying alone for an eventual initial community providing. The company […]
Read More
SumUp, a rival to Jack Dorsey's Block, defies fintech funding slump with $307 million dollars injection
SumUp Chief Fiscal Officer Hermione McKee mentioned the contemporary cash gives the company “far more firepower to act on opportunities,” which includes acquisitions and new country launches. SumUp British payments startup SumUp, known for its smaller card visitors, on Monday declared it has lifted 285 million euros ($306.6 million) in a bumper spherical of funding […]
Read More
Robinhood launches crypto trading services in the EU
Robinhood brand shown on a cellphone display and representation of cryptocurrencies are viewed in this illustration image taken in Krakow, Poland on January 29, 2023. (Photograph by Jakub Porzycki/NurPhoto by way of Getty Images) Nurphoto | Nurphoto | Getty Pictures On the net brokerage big Robinhood on Thursday stated it really is launching a cryptocurrency […]
Read More
Robinhood CEO defends payment for purchase move, says apply is ‘here to stay’
Vlad Tenev, co-founder and CEO of Robinhood, rings the opening bell at the Nasdaq on July 29, 2021. Source: The Nasdaq Robinhood CEO Vlad Tenev states he doesn’t believe that the payment for purchase movement (PFOF) model of market place-maker routing that the corporation incorporates in the U.S. is under risk. Which is regardless of […]
Read More
Coinbase rallies a lot more than 60% in exact month that FTX and Binance founders brace for jail
Brian Armstrong, CEO of Coinbase, slammed the U.S. Securities and Exchange Fee. He also mentioned the cryptocurrency exchange is looking to invest more outside the house of the U.S. Carlos Jasso | Bloomberg | Getty Photographs In a month that saw two of the crypto industry’s foremost figures headed on the path to jail, Coinbase […]
Read More
Zepz, a $5 billion fintech unicorn, is laying off extra employees
Zepz, which owns the WorldRemit and Sendwave manufacturers, has a headcount of all over 1,600. Sopa Visuals | Lightrocket | Getty Photographs Zepz, the revenue transfer group that owns WorldRemit, produced a refreshing round of layoffs. The British fintech unicorn, which is backed by TCV, Accel, Leapfrog and other major undertaking funds money, explained to […]
Read More
Inventory investing platform Robinhood to start in Uk immediately after two unsuccessful attempts
A woman’s silhouette retains a smartphone with the Robinhood Markets symbol in the background. Rafael Henrique | Sopa Photos | Lightrocket | Getty Visuals On-line investments app Robinhood said Thursday that it is established to start its system in the U.K. in early 2024, marking the firm’s third attempt at cracking global expansion. Functions include […]
Read More