Decentralized stablecoin cryptocurrency protocol Frax Finance launched a stablecoin that it said offers “unprecedented” transparency and custody. The frxUSD stablecoin is a rebranded evolution of the...
Inspired by Tether’s success, the world’s banking giants are showing interest in stablecoins. As Bloomberg News reported Saturday (Dec. 28), some banks are already there, with...
Russian businesses are reportedly using bitcoin and other cryptocurrencies to make international payments. It’s a trend that comes in the wake of legislative changes that permitted...
Non-bank financial institutions like pension funds, insurance companies, hedge funds and money market funds could present risks to financial stability as their role in the financial...
Polish FinTech PragmaGO has completed its acquisition of Romanian FinTech Telecredit IFN (Omnicredit), saying this move will help the company enter more markets in Central, Eastern and...
The Bank of New York Mellon (BNY) will serve as the financial agent for the Direct Express program, which provides 3.4 million Americans with a prepaid...
The U.S. Attorney’s Office in Manhattan reportedly will pursue fewer cases related to cryptocurrency. Scott Hartman, co-chief of the securities and commodities task force at the...
What can blockchain technology do for financial services in a friendly regulatory environment? With a new president coming in 2025, the ecosystem is about to find...
The financial services industry stands at a crossroads where technology, customer expectations, and market pressures converge to create both challenges and opportunities. As we look toward...
Three organizations teamed up to provide financing for suppliers of energy and chemical company Aramco by establishing what they said is one of the world’s largest...
