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Top StoriesAnalysis-US Sec Crackdown on Coinbase, Binance Puts Crypto Exchanges on Notice
Top StoriesFtx U.S. Judge Expresses Doubts About Parallel Bahamian Bankruptcy
FinanceThe Future of Global Money Movement: 5 Trends for 2023 and Beyond
FinanceQuantum Computing in FinTech Potential Applications and Implications
Insights From FinTech Incubators: Nurturing the Next Generation of Innovators
Date: June 7, 2023
Insights from Fintech Incubators: Nurturing the Next Generation of Innovators In today’s ever-evolving fintech landscape, fintech incubators play a pivotal role in nurturing the next generation of innovators. These specialized programs offer a supportive environment for startups and entrepreneurs to develop groundbreaking ideas and disruptive technologies. By providing mentorship, funding access, collaborative workspaces, and industry...
Richard Teng Seen as Potential Successor to Binance’s Changpeng Zhao -Reports
Date: June 5, 2023
Richard Teng seen as potential successor to Binance’s Changpeng Zhao -reports (Reuters) – Richard Teng, Binance’s head of regional markets outside the United States, is seen as the most likely candidate to succeed the cryptocurrency firm’s chief executive officer, Changpeng “CZ” Zhao, according to media reports. The issue of succession has taken on additional urgency,...
Cryptoverse: Busy Bitcoin Births New Breed of Crypto
Date: May 23, 2023
Cryptoverse: Busy bitcoin births new breed of crypto By Medha Singh and Lisa Pauline Mattackal (Reuters) – Things are heating up on the bitcoin blockchain. Daily transactions have rocketed to an all-time high of 682,000 this month, according to data from Glassnode, almost 40% higher than the previous peak in 2017. Bitcoin’s dominance, or its...
Watchdog Proposes First Set of Global Rules for Crypto Sector
Date: May 23, 2023
Watchdog proposes first set of global rules for crypto sector By Huw Jones LONDON (Reuters) -International securities watchdog IOSCO unveiled on Tuesday the first global approach to regulating cryptoasset and digital markets, drawing on lessons from last year’s collapse of the FTX exchange that fuelled concerns over consumer protection. The industry, which typically only has...
Australian Stock Exchange Says Software Overhaul Won’t Involve Blockchain
Date: May 19, 2023
Australian stock exchange says software overhaul won’t involve blockchain By Byron Kaye SYDNEY (Reuters) – Australia’s stock market operator said it will no longer attempt to rebuild its software platform with blockchain-based technology, one of the highest-profile repudiations of the once-feted concept best known for powering cryptocurrency. ASX Ltd frustrated market participants in November by...
Ripple Buys Crypto Custody Firm Metaco for $250 Million
Date: May 18, 2023
Ripple buys crypto custody firm Metaco for $250 million (This May 17 story has been corrected to clarify that the token is called XRP, not Ripple, in paragraph 9) By Elizabeth Howcroft LONDON (Reuters) – U.S. crypto firm Ripple has bought Switzerland-based crypto custody firm Metaco for $250 million, in its first major acquisition, Ripple...