Browsing: Fintech

Visa and Western Union established a seven-year partnership to enhance cross-border money transfers to bank accounts and Visa cards.

South Africa to mandate licenses for about 60 cryptocurrency firms by month-end, leading the continent in digital asset exchange regulation.

OKX’s Singaporean subsidiary secured in-principle clearance for a payments licence, enabling cross-border money transfer services.

European Parliament has approved a comprehensive framework to address the risks posed by AI, marking a step in regulating AI tech globally.

CoinShares, specialising in digital assets, acquired Valkyrie funds, including the investment advisory arm and sponsor rights.

OKX announces the addition of Aevo, a derivative-focused L2 platform, for spot trading, set to commence on March 12, 2024.

Binance announced the addition of the Japanese yen to its Binance Convert on, enabling users to trade yen with bitcoin and USDT fee-free.

The program gives access to Binance’s resources and offers support to innovative projects in areas like DeFi, infrastructure, and AI.

Tether has formed a strategic partnership with the Celo network to expand the distribution of its USDT stablecoin across blockchain networks.

Bitfarms, a Canadian bitcoin mining company, recently acquired 51,908 ASICs, including Bitmain models like T21, S21, and S21 hydro miners.

Ubisoft joins XPLA as a node validator, advancing blockchain verification, and showcasing its ongoing exploration of Web3 and blockchain.

Binance Pay launches March promotions, incentivising users with rewards and discounts to encourage platform usage and ACH token adoption.