Pakistan Cracks $60M Crypto Scam, Clears Path for Binance, HTX
Pakistani authorities recently dismantled a $60 million international crypto-forex scam, according to reports that said 34 people were arrested in a coordinated crackdown on unregulated…
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Michael Selig Takes Office as New CFTC Chairman
The Commodity Futures Trading Commission (CFTC) announced on December 22 that Michael S. Selig was sworn in to serve as the regulator’s 16th Chairman. Chairman…
US Jobless Claims Fall, but Unemployment Rolls Keep Growing
The number of Americans filing new applications for jobless benefits suddenly went down last week, as reported yesterday, December 24, by Reuters. The report said…
Ukraine’s Central Bank Responds to Revolut’s Market Exit
The National Bank of Ukraine (NBU), recently clarified the reason behind fintech giant Revolut’s recent decision to close accounts of its Ukrainian customers, as reported…
SDG Appoints Ruth Wandhöfer to Lead Next Phase of Open Banking
Smart Data Group (SDG), the industry body established to scope and design the shift from open banking to open finance in the UK, announced recently…
Permira and Warburg Pincus Buy Clearwater for $8.4 Billion
Clearwater Analytics, a leading global SaaS firm providing cloud-based investment accounting, reporting, and analytics, announced recently that it will be acquired by Permira and Warburg…
Visa Reports U.S. Holiday Spending Up 4.2% This Year
Payments giant Visa announced yesterday, December 23, that it has released its yearly Retail Spend Monitor from Visa Consulting & Analytics (VCA). The report offers…
Bybit Introduces Mantle Vault With Scalable On-Chain Returns
Bybit, the world’s second-largest crypto exchange by trading volume, announced recently that it is launching Mantle Vault on Bybit On-Chain Earn in partnership with Mantle…