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The Monetary Authority of Singapore (MAS) has announced amendments to the Payment Services Act (PS Act) and its subsidiary legislation.
regulation, payments , digital payments, digital assets, compliance
US-based trading app Robinhood has put on hold its plan to allow margin investing to UK-based consumers until further talks with regulators, as it launches in the UK.
trading platform, regulation, lending, FX , investment
India-based cryptocurrency wallet SafePal has launched an in-app banking gateway and a Visa card following an investment in Swiss bank Fiat24.
cryptocurrency, investment, partnership, digital wallet
US-based financial services provider Robinhood has launched the Retirement for Independent Workers programme to improve access to savings.
product launch, financial services, financial inclusion, trading platform
US-based crypto wallet company Fordefi has secured USD 10 million in venture capital investment to expand its crypto wallet to retail-facing platforms.
investment, funding, cryptocurrency, digital wallet, DeFi
Crypto wallet app COCA has announced the rollout of its virtual cards, following the success of its early access programme.
virtual card, debit card, cryptocurrency, digital wallet, payment methods
US-based blockchain software company Consensys and Robinhood Markets have launched the integration of Robinhood Connect with MetaMask to augment crypto purchases.
cryptocurrency, web3, digital assets, digital wallet, blockchain
Lars Hupel from Giesecke+Devrient reveals the secret technical ingredients that make CBDC wallets achieve their goals, in a safe manner.
digital currency, digital wallet, CBDC, encryption, security token
A Spanish publication has reported on the Spanish Ministry of Finance’s plans to target cryptocurrencies and NFTs with a new tax reform.
cryptocurrency, regulation, tax evasion , tax bill
US-based fintech startup Zebec has announced the launch of its web3 payment and real-time payroll services in Japan.
web3, cryptocurrency, product launch, expansion
UK-based virtual card provider COCA has partnered with Wirex, a Web3 money app, to launch a Multi-Party Computation (MPC) wallet with a non-custodial debit card.
virtual card, digital wallet, cryptocurrency, debit card, financial services
B2B cross-border payments solution Evita has partnered with Canada-based BaaS and payments infrastructure technology provider Layer2 Financial.
cross-border payments, partnership, B2B payments, BaaS
Deutsche Bank’s asset management arm, DWS, has announced a new venture with Galaxy Digital and Flow Traders to issue a euro-denominated stablecoin jointly.
stablecoin, cryptocurrency, crypto asset, partnership, digital assets, regulation
Marten Nelson of M10 shares key insights gained from the development of a retail CBDC as a participant in Project Sela.
CBDC, retail CBDC, wholesale CBDC, DLT, stablecoin, MiCA, payments , tokenization, AML, KYC
Coinbase SMA has expanded its global separately managed account (SMA) platform by incorporating seven model portfolio and index providers.
cryptocurrency, digital assets, product upgrade, cryptocurrency exchange
Cryptocurrency exchange Binance has rolled its own self-custodial Web3 wallet that can be used to interact with the decentralised finance (DeFi) ecosystem.
web3, digital wallet, DeFi, blockchain, fraud management
Germany-based crypto-banking platform Bitwala has relaunched its operations through a partnership with Estonia-based Striga.
cryptocurrency, partnership, crypto asset, digital assets, digital wallet
Hamish Johnston and Thibault Pele from Worldline discuss the categorisation of Embedded Finance, how it merges with Web3, and its impact on DeFi.
embedded finance, web3, DeFi, financial services, financial inclusion, embedded payments, transactions , embedded lending, BNPL, instalment payments
FV Bank, a US-licenced global digital bank, has announced the rollout of Custody Money Market Account for qualified clients.
digital banking, digital assets, FX , product launch
Money API services provider Sila has announced a partnership with US-based trust company Fortress Trust to elevate the fintech industry with advanced payment and custodial services.
partnership, banking, fintech, paytech, crypto, API, ACH, compliance, cybersecurity, digital assets