Tagged: us

April 16, 2025 @ 9:01 am By Omar Faridi  |  

OKX US CEO Roshan Robert noted that over the years, they have had the opportunity to contribute to initiatives that deepened their appreciation for the potential of blockchain technology. Robert added that they’ve watched the industry evolve from its earliest days to where it stands… Read More

April 16, 2025 @ 8:00 am By Omar Faridi  |  

bunq, which claims to be among some of the largest neobanks in Europe, is moving forward with its US banking license process, according to an update shared with CI. The company has filed for a broker-dealer license as “part of a two-phase strategy to enter… Read More

April 15, 2025 @ 8:14 am By Omar Faridi  |  

Kraken, which claims to be one of the longest standing and most secure cryptocurrency platforms, announced the initial rollout of commission-free trading for over 11,000 U.S.-listed stocks and ETFs to “clients in New Jersey, Connecticut, Wyoming, Oklahoma, Idaho, Iowa, Rhode Island, Kentucky, Alabama and the… Read More

April 14, 2025 @ 3:44 pm By Omar Faridi  |  

The FINRA Investor Education Foundation (FINRA Foundation) released preliminary findings from the National Financial Capability Study, which will be published in July. The FINRA Foundation is previewing the data this month—National Financial Capability Month—to “provide insight into the overall financial knowledge of adults in the… Read More

April 13, 2025 @ 5:43 pm By Omar Faridi  |  

DailyPay, a worktech company specializing in earned wage access (EWA), has made significant strides to enhance financial flexibility for workers while navigating regulatory challenges. Recent developments shared by DailyPay underscore its commitment to empowering employees and strengthening employer relationships: a renewed partnership for Financial Literacy… Read More

April 11, 2025 @ 2:31 pm By Omar Faridi  |  

The Bank of New York Mellon Corporation (BNY) (NYSE: BK) has piloted the “first” intraday repo trade settled through its triparty infrastructure. The USD-denominated pilot transaction, which “took place in February, saw UBS borrowing cash from Swiss Re while delivering collateral via BNY’s global collateral… Read More

April 11, 2025 @ 7:49 am By Omar Faridi  |  

CoinList has announced the return of the fiat-to-crypto onramp. CoinList noted that users may fund their USDC account with US Dollars (USD) or Euros (EUR) directly via credit card, debit card, Apple Pay, and Google Pay (ACH, SEPA, and wire deposits coming soon). CoinList also… Read More

April 9, 2025 @ 9:32 pm By Omar Faridi  |  

Galaxy Digital Holdings Ltd. announced that the U.S. Securities and Exchange Commission (SEC) has declared effective the Registration Statement on Form S-4 relating to the company’s previously announced reorganization and domestication from the Cayman Islands to Delaware and proposed “listing on the Nasdaq Global Select… Read More

April 8, 2025 @ 8:06 am By Omar Faridi  |  

  The Consumer Financial Protection Bureau’s (CFPB) recent shutdown caused a ripple across the industry and calls into question many regulations, including the status of the October open banking ruling. As the situation continues to evolve, CI caught up with Aaron Byrne, Head of Financial… Read More

April 7, 2025 @ 7:10 am By Omar Faridi  |  

Circle has submitted its response to the Financial Stability Board’s (FSB) thematic peer review on the implementation of its global regulatory framework for crypto-asset activities. In this response, Circle outlines the importance of “having domestic regulations that allow consumers to benefit from global stablecoins while… Read More

April 6, 2025 @ 7:06 pm By Omar Faridi  |  

Alto, a platform that enables individuals to invest in alternative assets through retirement funds, including through their dedicated Alto CryptoIRA, released proprietary data from its platform that underscores the confidence in crypto investments as part of “a self-directed IRA and the overall growth in crypto… Read More

April 6, 2025 @ 6:05 pm By Omar Faridi  |  

The Federal Trade Commission (FTC) highlighted actions taken to protect consumers from impersonations scams since the Government and Business Impersonation Rule took effect in April 2024. Scams impersonating businesses and government are consistently among the top frauds reported to the FTC; these scams resulted in… Read More

April 6, 2025 @ 5:57 pm By Omar Faridi  |  

In a significant development for the US financial services sector, the Department of Justice (DoJ) has given the green light to a $35 billion merger between Capital One Finance Group and Discover Financial Services. The decision, announced this week, marks a pivotal step forward for… Read More

April 6, 2025 @ 5:47 pm By Omar Faridi  |  

Swedish buy-now-pay-later (BNPL) giant Klarna has hit a roadblock in its highly anticipated journey to go public. Last month, the fintech powerhouse formally applied with the Securities and Exchange Commission (SEC) to list its ordinary shares on the New York Stock Exchange (NYSE). The company,… Read More

April 4, 2025 @ 8:12 am By Omar Faridi  |  

CoinList is back in the U.S. and they’re bringing token sales with them, according to an update from the digital assets platform. CoinList’s return to the United States has officially begun—starting with a public token sale product for accredited investors. The digital assets firm noted… Read More

April 2, 2025 @ 4:04 pm By Omar Faridi  |  

The U.S. Securities and Exchange Commission (SEC) and Gemini Trust Co., the crypto exchange founded by billionaire twins Tyler and Cameron Winklevoss, have jointly requested a 60-day pause in their ongoing legal battle to explore a potential resolution. The motion, filed on April 1, 2025,… Read More

April 1, 2025 @ 8:40 pm By Omar Faridi  |  

Consumer Fintech Chime has recently announced two transformative updates aimed at enhancing user experience and expanding its reach. On March 31, 2025, Chime introduced Chime+, a premium membership tier with various new features in a redesigned app, alongside the launch of Chime Workplace, a financial… Read More

March 31, 2025 @ 4:28 pm By Omar Faridi  |  

DailyPay, a worktech company specializing in earned wage access (EWA), has made significant strides in 2025 to enhance financial flexibility for American workers. Through product expansions and regulatory milestones in states like Utah and Arkansas, DailyPay continues to focus on improving how employees access their… Read More

March 31, 2025 @ 7:57 am By Omar Faridi  |  

The PwC Global Crypto Regulation Report 2025 has examined the fast-evolving world of cryptocurrency regulation. Released by PwC Legal, the research report looked into the evolving regulatory frameworks governing digital assets across more than 50 jurisdictions, spotlighting major policy shifts and emerging trends. As the… Read More

March 30, 2025 @ 7:50 pm By Omar Faridi  |  

The Fintech, crypto and web3 industry is grappling with a whirlwind of developments, from high-profile pardons to regulatory shifts and geopolitical issues. At the center is President Donald Trump’s recent pardon of BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed, alongside former employee Gregory… Read More