Standard Chartered predicts bitcoin will hit $500,000 in the next three years
Standard Chartered’s head of digital assets Geoffrey Kendrick is forecasting that bitcoin could hit a high of $500,000 over the next three years.
SwapAgent and Trafigura open blockchain deposit accounts with JPMorgan Kinexys
LSEG’s post-trade business Swap Agent and commodities house Trafigura are to be the first in the UK to open GBP-denominated deposit accounts via JPMorgan’s blockchain business unit Kinexys.
EToro files for US IPO – FT
EToro has filed confidentially for a US initial public offering that could value the online investment platform at more than $5 billion.
ClearBank secures Dutch banking license
British bank ClearBank has secured its European banking license from the European Central Bank, under supervision of De Nederlandsche Bank.
FDIC says banks don’t need prior approval for crypto activities
US banks no longer need to receive prior approval before engaging in crypto-related activities, says the Federal Deposit Insurance Corporation.
UK Chancellor proposes pension and sustainable finance reforms
UK Chancellor Rachel Reeves detailed the financial services strategy launching in March 2025, which will focus on bolstering growth, developing fintech and sustainable finance sectors.
UK fintech investment hits $7.2 billion in H1
Total UK fintech investment hit $7.2 billion in the first half of 2025, down five per cent from $7.6 billion in the same period in 2024, according to KPMG’s latest Pulse of Fintech report.
Big banks join $63m funding round for Luma
Luma Financial Technologies, a platform for structured products and annuities, has raised $63 million in Series C financing led by Sixth Street Growth and joined by a host of existing Wall Street backers.
S&P Global to give 35,000 employees GenAI training
Ratings and analytics provider S&P Global has struck a deal with Accenture to train its entire 35,000-strong workforce in generative AI.
BeZero Carbon raises $32 million
Carbon ratings agency BeZero Carbon has raised $32 million in series C funding.
Monzo surpasses £1bn revenue milestone
UK fintech Monzo has recorded a sharp rise in profitability and posted revenue in excess of £1bn for the first time.
Binance stops accepting new UK customers
Binance has stopped accepting new users in the UK while it works to find a partner to help it meet recently-introduced crypto asset promotion rules.
SBS talks changing face of banking, warns regulation and financial inclusion not optional
Day two of the SBS Summit 2025 continued to prioritise customer experience, but this time with a specific focus on data usage and inclusive efforts to serve the unbanked.
DWS embarks on $2 billion sale of data centre business
Deutsche Bank’s asset management division, DWS, is reputed to be preparing to divest its data centre operations, NorthC in a sale expected to exceed €2 billion
Bullish shares more than double in NYSE debut
Investor confidence in the cryptocurrency sector was punctuated after Bullish was valued at $13.16 billion last week, setting the pace for other digital asset firms looking to list in the US.