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Business

Kenya digital currency-friendly fintech Flutterwave and Chipper Cash operating illegally: central bank
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5 August, 2022

Kenya digital currency-friendly fintech Flutterwave and Chipper Cash operating illegally: central bank

The bank says that the two firms never acquired the licenses to serve Kenyans, even as Flutterwave gets caught in...
Vauld granted 3-month creditor protection in Singapore
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5 August, 2022

Vauld granted 3-month creditor protection in Singapore

The collapsing digital asset lender Vauld applied for a six-month moratorium, but the Singaporean judge ruled that this would impact...
Digital currency insights from the Philadelphia Federal Reserve Bank’s Fintech conference
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4 August, 2022

Digital currency insights from the Philadelphia Federal Reserve Bank’s Fintech conference

Stablecoins, DLT, CBDC, DeFi, NFTs, and the metaverse were the main topics of discussion throughout the day, and many bankers...
New York Attorney General seeks digital currency whistleblowers ‘deceived’ by VASPs
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4 August, 2022

New York Attorney General seeks digital currency whistleblowers ‘deceived’ by VASPs

AG Letitia James called on any New Yorker deceived by a digital asset firm through withdrawal freezes, layoffs or bankruptcy...
Metaverse market to generate $50B with finance sector adoption by 2026: report
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4 August, 2022

Metaverse market to generate $50B with finance sector adoption by 2026: report

Technavio forecasts that by geographical segmentation, finance key players in North America will contribute the most to the advancement of...
Israel tightens restrictions on cash use, encourages digital payments: report
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4 August, 2022

Israel tightens restrictions on cash use, encourages digital payments: report

Businesses can spend a maximum of 6,000 shekels (or $1,760) in cash payments, while individuals can spend a maximum of...
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