Tag: FINTE

U.S. Federal Reserve rejects crypto-focused bank’s application to be supervised by the Fed
Crypto

U.S. Federal Reserve rejects crypto-focused bank’s application to be supervised by the Fed

DNNS January 27, 2023

Jan 27 (Reuters) - The U.S. Federal Reserve on Friday rejected crypto-focused Custodia Bank's application to become a member of the Federal Reserve System, saying ... Read More

Exclusive: Binance moved $346 mln for seized crypto exchange Bitzlato, data show
Crypto

Exclusive: Binance moved $346 mln for seized crypto exchange Bitzlato, data show

DNNS January 24, 2023

LONDON, Jan 24 (Reuters) - Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by ... Read More

FTX reports $415 mln in hacked crypto, Bankman-Fried says FTX US is solvent
Crypto

FTX reports $415 mln in hacked crypto, Bankman-Fried says FTX US is solvent

DNNS January 18, 2023

Jan 17 (Reuters) - Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen ... Read More

Cryptoverse: Bitcoin is back with a bonk
Crypto

Cryptoverse: Bitcoin is back with a bonk

DNNS January 17, 2023

Jan 17 (Reuters) - Bitcoin is on the charge in 2023, dragging the crypto market off the floor and electrifying bonk, a new meme coin.The ... Read More

Revolut close to finalising 2021 accounts as fintech seeks U.K. licence – sources
Fintech

Revolut close to finalising 2021 accounts as fintech seeks U.K. licence – sources

DNNS January 13, 2023

LONDON, Jan 13 (Reuters) - Fintech firm Revolut Ltd. is close to finalising its long-overdue 2021 financial accounts, a move that could pave the way ... Read More

DCG’s crypto broker Genesis owes creditors more than $3 bln – source
Crypto

DCG’s crypto broker Genesis owes creditors more than $3 bln – source

DNNS January 12, 2023

Jan 12 (Reuters) - Crypto broker Genesis owes creditors more than $3 billion, a person familiar with the matter told Reuters, as woes pile up ... Read More

Failed crypto exchange FTX has recovered over $5 bln, attorney says
Crypto

Failed crypto exchange FTX has recovered over $5 bln, attorney says

DNNS January 11, 2023

FTX valued a year ago at $32 blnOver $8 billion in FTX customer funds missingPlan to sell FTX affiliates presented in courtNEW YORK/WILMINGTON, Del., Jan ... Read More

Cryptoverse: Bitcoin digs in for a bumpy new year
Bitcoin

Cryptoverse: Bitcoin digs in for a bumpy new year

DNNS January 10, 2023

Jan 10 (Reuters) - Bitcoin's looking steady in 2023. But it's only been a week.Cryptocurrencies have crept into the new year, licking their wounds after ... Read More

Ant Group founder Jack Ma to give up control in key restructuring
Fintech

Ant Group founder Jack Ma to give up control in key restructuring

DNNS January 7, 2023

SHANGHAI, Jan 7 (Reuters) - Ant Group said on Saturday its founder Jack Ma will no longer control the Chinese fintech giant, as the firm ... Read More

Banks should be more cautious on crypto contagion risks, U.S. regulators warn
Crypto

Banks should be more cautious on crypto contagion risks, U.S. regulators warn

DNNS January 3, 2023

Jan 3 (Reuters) - Banks should be aware of key risks associated with cryptocurrency, including legal uncertainties and inaccurate or misleading disclosures by digital asset ... Read More