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Article by Steve Kaaru

US banking watchdog’s new fintech office opens on April 10
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3 April, 2023

US banking watchdog’s new fintech office opens on April 10

The office, first announced in October 2022, builds on and incorporates the Office of Innovation which the regulator established seven...
Revolut’s response to audit report frustrates its own board
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3 April, 2023

Revolut’s response to audit report frustrates its own board

Belgian accounting firm BDO Global has warned of a risk that 75% of Revolut’s 2021 revenue was materially misstated, casting...
Beaxy exchange shuts down after SEC lawsuit
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2 April, 2023

Beaxy exchange shuts down after SEC lawsuit

The U.S. securities regulator has charged Beaxy with operating an unregistered securities exchange and broker, and its founder with raising...
OKX eyes expansion into Australia, Hong Kong markets
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2 April, 2023

OKX eyes expansion into Australia, Hong Kong markets

OKX has applied for a license in Hong Kong as it announced a new office in the city; it also...
Nigerian fintech giant Flutterwave loses $6.4M in hack, and traders are feeling the heat
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2 April, 2023

Nigerian fintech giant Flutterwave loses $6.4M in hack, and traders are feeling the heat

Flutterwave has attempted to cover up the hack despite a court petition to freeze accounts, with digital asset traders crying...
Denmark’s central bank dismisses need for CBDC despite dip in cash usage
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1 April, 2023

Denmark’s central bank dismisses need for CBDC despite dip in cash usage

The governor of Danmarks Nationalbank says that a dip in cash usage recently doesn’t signal a loss in trust in...

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