Revolut has applied for a UK banking license to expand its scope of activities and provide customers with traditional banking services.
Bakkt, a US-based crypto exchange, will go public through a reverse merger. The deal is nearing completion, Bloomberg reported on Friday..
Xapo will discontinue its US operations as of March 1, 2021. Customers have been asked to transfer their Bitcoin to an external address.
The Financial Conduct Authority (FCA) has fined Charles Schwab UK Ltd (CSUK) £8.96 million for failing to adequately protect client assets.
The German bank Bankhaus von der Heydt (BVDH), has partnered with Bitbond to issue a EURB secured euro stablecoin on the Stellar network.
Robinhood, the popular stock-trading app, has hired Goldman Sachs to lead its initial public offering (IPO) in 2021, Reuters reported.
Robinhood Markets Inc. is seeking banking advisers for a potential initial public offering (IPO) as soon as the first quarter of 2021.
Germany’s top financial regulator Bafin has issued a warning, announcing that is operating without its authorization.
The recent Robinhood hack had about 2,000 users accounts infiltrated, indicating the attacks were more widespread than previously realized.
Some Robinhood users had their accounts hacked and investments liquidated, according to Bloomberg. However, the company itself wasn’t hacked.
ASIC and the RBA have outlined their expectations of ASX as it replaces the Clearing House Electronic Sub-register System (CHESS).
U.S. FinCEN files leak has revealed a slew of major banks allowed criminals to launder money in transactions worth more than $2 trillion.
An Australian court has fined 2 entities in the NAB's wealth management division a total of $4.9 million for fees for no service breaches.
The CMA has stopped Lloyds Banking Group forcing small business customers to open business current accounts when taking out Bounce Back Loans.
BancoEstado, one of Chile's three biggest banks, has shut down all branches on Monday following a ransomware attack that took place over the weekend.
PrimeXBT has officially launched the Covesting copy trading platform to the public. The platform creates a P2P asset management solution.
Digital identity firm IDnow has acquired Wirecard, the disgraced German firm's Communication Services unit.
Singapore Exchange (SGX) has completed its first digital bond issuance on its digital asset issuance, depository and servicing platform.
Robinhood and TD Ameritrade both experienced outages right as the market opened on the last day of August. Why did the Robinhood app go down?
Wirecard Card Solutions Ltd. has announced plans to sell its UK operations more than two months after the company filed for insolvency.