Stablecoin issuer Terra aims to acquire US$10 billion in Bitcoin for its reserves. It’s doing so through a series of purchases, and once complete, the holdings should make Terra the largest single
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Bank Indonesia and the Bank for International Settlements (BIS) Innovation Hub are inviting developers to take part in a central bank digital currency hackathon.The latest TechSprint event, which comes as Indonesia takes
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Norway’s Signicat has acquired UK-based anti-fraud and identity technology company Sphonic for an undisclosed sum.Established in 2021, the London-based RegTech has created a suite of products capable of automating compliance decision processes.
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Elon Musk inked a deal to buy Twitter Inc (TWTR.N) for $44 billion cash on Monday in a transaction that will shift control of the social media platform populated by millions of users and
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Abu Dhabi Global Market (ADGM) said on Monday it has licenced the Kraken group to operate a regulated virtual asset exchange platform in the financial free zone. Kraken is the first global
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The MENA Fintech Association (MFTA), the leading voice of the fintech community in the region, has released the first volume of the SHIFT report, a comprehensive guide that supports the fintech community in navigating the
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We’re excited to announce that Fintech Week London is back for 2022 with another jam-packed schedule, in an opportunity which will bring traditional financial institutions together with new fintechs. From high-street banks
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Securrency Capital, a broker-dealer based in the Abu Dhabi Global Market (ADGM), today announced that it has secured a Financial Services Permission (FSP) from ADGM’s Financial Services Regulatory Authority (FSRA) to deal in
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Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, has received its In-Principle Approval (IPA) for a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (the FSRA) of Abu Dhabi Global Market
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EQIFI, the decentralized finance (DeFi) platform for borrowing, trading, and investing in digital assets, backed by a regulated bank, has announced the launch of its mobile application, providing enhanced smartphone accessibility to
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