ECB: digital euro will not be available until 2026 at least

The European Central Bank (ECB) has said EU citizens are unlikely to see a digital euro until 2026 at the earliest as the bank considers further design and distribution considerations.

Multiple central banks team with BIS on CBDC exploration

Central banks in Israel, Norway and Sweden will team with the Bank of International Settlements to explore how CBDCs can be exploited for international retail and remittance payments.

FTX wins $1.4bn auction to snap up bankrupt Voyager

Crypto firm FTX has won the auction for the assets of Voyager Digital, a bankrupt crypto lender, for $1.42bn.

IMF calls for regulation of the cryptoasset ecosystem

The International Monetary Fund (IMF) has called for the greater regulation of the cryptoasset market.

Crypto firm Nilos lands €5.2m

Nilos has bagged €5.2m from a financing round to offer what it claims is a ‘first-of-its-kind’ platform that unifies crypto and fiat treasuries for businesses.
White House

White House establishes framework for digital assets

The White House has launched a framework for the development of digital assets, which is the first of its kind in the US.

SEC guidelines set to hamper banks’ crypto projects

New accounting guidance from the US Securities and Exchange Commission (SEC) has potentially hamstrung banks’ crypto projects, Finextra has claimed.
asset tokenisation

Asset tokenisation to rocket to $16trn business value by 2030

A report by BCG and ADDX has forecasted that asset tokenisation will be a $16.1trn business opportunity by 2030.
Bolt cancels Wyre $1.5bn acquisition

Bolt cancels Wyre $1.5bn acquisition

Online checkout company Bolt has reportedly cancelled its $1.5bn deal to acquire cryptocurrency infrastructure provider Wyre.

Inswitch, Binance Pay link to boost LatAm crypto payment uptake

Embedded financial technology firm Inswitch has partnered with crypto payment technology company Binance Pay to expand the latter’s offering in Latin America.

News Stories


FBI gives disinformation warnings ahead of 2022 midterms

The FBI has warned of potential foreign influence operations that may spread disinformation to impact the results of the 2022 midterm elections in November.

Lending companies shine in this week’s FinTech deals

This past week saw a diverse range of deals closed, lending companies fared particularly well in the highest value deals.

How to ensure compliance with new CMS requirements

The Centers for Medicare and Medicaid Services have implemented new electronic communications recording, disclosure and oversight rules. How can you stay compliant? 

Ali secures $25m to offer Brazilians fair credit

Ali, a FinTech that partners with companies to offer financial health solutions for employees, has raises $25m in Series A funding.

Cash management FinTech Jiko bags $40m

Jiko, a cash management FinTech, has raised $40m in Series B funding to empower businesses of all sizes to store their cash in higher yielding spendable T-bills.

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