Hong Kong’s financial regulator has stated that the first stablecoin licences will not be issued this year despite the fact its stablecoin legislation has taken effect as of today.

Companies that decide to list outside the UK or move valuable operations from the country should be made to pay back tax-payer funded support they have previously taken, according to a UK Finance report.

Landesbank Baden-Württemberg (LBBW), the largest federal bank in Germany, has formed an alliance with crypto custodian Bitpanda.

Emirates NBD is bidding to attract third party fintech firms to its API Sandbox environment by promising to arrange demo opportunities with senior leaders of the bank and a certification award to participating startups.

A mobile card payments startup based in Wales has announced a $13m investment led by ventuire capital firm Crossfin Holdings.

The UK job market for risk and compliance roles is undergoing a significant transformation, with the fintech sector leading the charge.

Joined by executives from the financial services ecosystem, Celent’s head of corporate banking Patricia Hines took to the Sibos virtual stage to lead a discussion on the potential for building on ROI with APIs.

Lloyds Banking Group has hired an executive from Amazon Web Services as its first director of artificial intelligence andd analytics.

Private equity firm Cinven has made a majority investment in Italian wealth management technology provider ObjectWay. Terms of the transaction were not disclosed.

London Stock Exchange Group-owned LCH has secured regulatory approval to clear cash-settled Bitcoin index futures and options contracts.

JPMorgan is to equip institutional investors with sustainable investment data cherry-picked from a raft of market data providers.

Starling Bank’s SaaS arm, Engine, has named industry veteran Jody Bhagat to lead its expansion into North America.

Swiss crypto bank Seba has sought to address the potential skills gap in emerging technology by launching a blockchain-themed university education course.

Fintech venture capital firm, SoftBank Vision Fund, will be axing 20% of its staff in a push to boost AI investment.

Barclays Bank has become latest financial institution to invest in United Fintech, an umbrella outfit dedicated to scooping up a stable of capital markets, wealth management and wholesale banking vendors.