Browsing: Fintech

China stands as a pioneer in the adoption of cashless transactions, driven by industry giants with Alipay and WeChat Pay leading the charge.

On March 14, bitcoin’s mining difficulty surged to 83.95 trillion hashes, indicating an 83.95 trillion times increase in mining complexity.

Bitcoin continues to draw investors with potential for growth. Experts including Max Keiser and Peter Brandt offer various perspectives.

U.S. payment company Ryft partners with American Express, aiming to bolster payment options for UK eCommerce merchants by Amex cards.

The Securities & Futures Commission of Hong Kong issued a warning on March 14 against crypto exchange Bybit for operating without licensing.

MicroStrategy, a software provider, plans to use convertible bonds to purchase bitcoin for the second time in less than 10 days.

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.