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…
Posts Tagged: business
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…
Regulators Sound Alarm As Pump-and-Dump Scams Surge
Financial regulators around the world are on high alert as so-called pump-and-dump operators are increasingly targeting investors ahead of the holiday period. ASIC Warns Australian…
Sokin Raises $50m in A Series B Round to Expand Global Footprint
Sokin, a UK-based B2B cross-border payments firm, announced yesterday, December 1, that it has concluded a Series B funding round with a total of $50…
Visa, AWS Roll Out Agentic Commerce Capabilities
Amazon Web Services (AWS) announced a new partnership with Visa yesterday, December 1, explaining that the two aim to enable next-generation agentic commerce capabilities. The…
Wise Wins Conditional Approval to Operate in South Africa
Financial technology company Wise announced yesterday, December 1, that it has received conditional regulatory approval to launch in South Africa. This marks the firm’s first…
Morgan Stanley Fined €101M by Dutch for Tax Evasion
A new report by Reuters published yesterday, November 27, revealed that the Dutch Public Prosecutor (OM) has imposed a fine of 101 million euros ($117.10…
Visa Expands Stablecoin Settlement with Aquanow
Visa has teamed up with a digital asset platform, Aquanow, to expand its stablecoin settlement capabilities in Central and Eastern Europe, the Middle East, and…