Digital asset infrastructure firms Ripple and Circle have received conditional approval for its application to establish a national trust bank in the United States.

The United States has charged cryptocurrency exchange KuCoin and two of its founders with flouting money laundering laws.

Swiss blockchain startup Taurus has rounded up 35 banks for the launch of its interbank network for digital assets.

Innovate Finance held an event this week to launch their ‘Capital Investment in UK FinTech in 2023: Insights and Trends’ report, ahead of their Global Summit in London in April.

The Bank of England is to start a series of conversations with businesses on the likely impact of a digital pound.

Capital markets tech vendor Trading Technologies has agreed to buy Abel Noser Solutions (ANS), a provider of transaction cost analysis for investment managers, brokers, asset owners and consultants. Financial terms of the deal were not disclosed.

The UK’s Financial Conduct Authority has set out plans to streamline transaction reporting requirements in a move it says will save firms £100 million a year.

Trading platform Robinhood says its cryptocurrency arm has received a Wells notice from the Securities and Exchange Commission, indicating that the US regulator is set to take enforcement action.

Crédit Agricole SA will continue to strengthen Caceis’ position as one of the major European players in asset servicing, supporting its clients’ business development objectives.

Australia’s Securities and Investment Commission (Asic) is urging financial services and credit licensees to ensure their governance practices keep pace with their accelerating adoption of artificial intelligence.

A new stock exchange backed by BlackRock and Citadel Securities is being established to take on the New York Stock Exchange and Nasdaq.

The UK’s Labour party says it will deliver the next phase of Open Banking, become a standard setter for the use of AI, and embrace securities tokenisation and a digital pound if it wins the next election.

Abu Dhabi has stepped up its efforts to establish itself as the digital assets centre for the Middle East with the launch of a new financial ‘cluster’.

Financial markets AI-analytics firm big xyt has secured a €10 million funding round to drive global expansion.

Ripple has joined forces with Securitize on a smart contract that allows holders of BlackRock and VanEck tokenised funds to exchange their shares to Ripple for the firm’s stablecoin.