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Ripple Payments Grows Past $100 Billion Volume as XRP Liquidity on Binance Drops

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Monark Markets Secures $8.1M Financing
Monark Markets, a New York-based fintech company building the rails connecting brokerage firms and wealth platforms to private markets, has confirmed $8.1 million in strategic financing. The round is ...

Bank of Ireland UK Hit with £3.7M Fine for 14-Month Delay in Rolling Out Anti-Fraud Safeguard
The Payment Systems Regulator (PSR) has imposed a £3,779,300 fine on Bank of Ireland UK (BOIUK), the UK subsidiary of Bank of Ireland, for a significant delay in rolling out Confirmation of Payee (Co...

Midnight Foundation Adds Blockdaemon, Shielded Technologies As Node Operators
This week, Midnight Foundation announced that Blockdaemon and Shielded Technologies have signed on as federated node operators for the Midnight Network, “the fourth-generation blockchain bringing ra...

Digital Assets Firm Gemini Faces Significant Challenges, Leading to UK and European Market Exit, Workforce Reductions
Gemini Space Station Inc. (NASDAQ: GEMI), the cryptocurrency exchange founded by twin brothers Cameron and Tyler Winklevoss, is navigating a turbulent period marked by strategic retreats, workforce re...

BVNK Stablecoin Study Suggests People Want More
A global study released this week by BVNK suggests that stablecoins are increasingly mainstream. BVNK’s Stablecoin Utility Report surveyed more than 4,600 early adopters and crypto-natives in 15 cou...

Web3 Thoughts of the Week: Stablecoins, Bitcoin, Tokenization and AI
Web3 minds were focused on tokenized RWAs, stablecoins, Bitcoin and AI this week. Tokenized RWA interest surging “The steady growth that we’ve seen in tokenized real-world assets (RWAs), even as t...

Visa to Acquire Prisma and Newpay to Expand Its Footprint in Argentina’s Payments Ecosystem
Global payments processor Visa (NYSE: V) has announced a definitive agreement to purchase two Argentine payment platforms—Prisma Medios de Pago and Newpay—from private equity firm Advent Interna...

OCC Pushes Forward on Crypto Bank Charters as Traditional Banks Voice Strong Opposition
As part of the ongoing effort focused on integrating digital assets into the traditional banking system, the Office of the Comptroller of the Currency (OCC) is advancing rules that would expand the sc...

So Called Influencers Hit with Penalties for Promoting FOREX in UK
The UK Financial Conduct Authority (FCA) has hit multiple “influencers” (or finfluencers) with financial penalties due to unauthorised promotion of FOREX trading, according to a statement from the...

Lithuania Leads Baltics in Early Stage Ecosystem
Lithuania leads the Baltic countries in capital formation for early-stage ventures. Lithuania is also host to over 280 active Fintech companies, and is one of the largest Fintech hubs in the European ...