DBS Bank to Offer Crypto Trading in Hong Kong
One of the largest financial institutions in Southeast Asia, DBS Bank is planning to expand its crypto trading services to Hong Kong as soon as it gets the necessary license
Finance & Economics - page 99
3AC Founders Launch Crypto Firms Bankruptcy Claims Exchange
3AC founders refuse to comply with subpoena, launch bankruptcy claims trading exchange instead.
Digital Asset Protection Provider Coincover Raises $30 Million
Coincover, a UK-based provider of digital asset protection services, has reported raising $30 million in funding.
UAE Central Bank Launches Digital Finance Initiatives
The Central Bank of the UAE launched Financial Infrastructure Transformation Programme which includes nine key digital finance initiatives to make UAE financial and digital payment hub
Tether Announces $960 Million In Excess Reserves
Tether has published a report according to which there are excess reserves and the transfer of assets to treasury bills.
Beauceron Security Gets CIBC Backing
The platform of the Canadian company SaaS for cybersecurity Beauceron Security has received funding from CIBC Innovation Banking.
Dhakai Adds Automation Capabilities to B2B Apparel Sourcing Platform
Dhakai has expanded the capabilities of its platform designed to search for clothing suppliers in B2B format.
Qatar Airways Launches Reusable NFC Bag Tags for Contactless Luggage Check-In
Passengers flying Qatar Airways planes have been allowed to transfer their flight data to a reusable electronic tag attached to their luggage.
MEPs Approve Draft Legislative Framework for European Digital Identity Wallet
The European Union Committee on Industry, Research, and Energy has approved the proposed update of the European Digital Identification System.
Lunar Raises €35 Million
Danish neobank Lunar announced the raising of financing in the amount of 35 million euros.
Standard Chartered and Allinpay Enables Instant Cross-Border Payments in Hong Kong
Standard Chartered Bank and Singapore-based Allinpay have made PayNow’s instant cross-border payments feature available to merchants and businesses in Hong Kong.
Jupiter Offloads Starling Stake
Jupiter Asset Management sold its stake in digital lender Starling Bank.
Bank of London Scores $40 Million Series C Extension
Bank of London, a global startup in the field of clearing and transactional banking services, has raised $40 million as part of a Series C funding expansion.
Nine Banks Invest $45 Million in Carbon Credit Transaction Network
The banking group, consisting of nine large financial institutions, has directed investments of $45 million to the development of Carbonplace, a global network of transactions on carbon credits based on DLT, founded by them.
Dubai Releases Crypto Regulations for Virtual Asset Services Providers
Dubai mandates licensing for crypto services providers with new regulatory requirements by the VARA.
Partech Raises $262M to Invest in African Tech Companies
The venture capital company Partech has closed its second African fund worth $262 million.
Finance & Economics
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