Shares in Block rose on Monday as the Jack Dorsey-founded fintech joined the benchmark S&P 500 index.

The European Commission’s financial services directorate has put out to tender for a model-based approach to mitigating the environmental impact of crypto-assets.

The London Stock Exchange Group (LSEG) has agreed to give up exclusive rights to the rooftop of its data centre building to allay regulatory concerns that the arrangement hinders competition for low latency connectivity services (LLCS).

European authorities have arrested nine people in connection with a cryptocurrency money laundering network that defrauded victims of more than €600m

Wealthtech entrepreneur John Wise and PE firm Stellex Capital Management have acquired S&P Global’s Fincentric business with a view to providing digital experiences and financial data distribution to the wealth, broking and asset management industries.

Benjamin Ensor, director of research and strategy at 11:FS, moderated the first panel of the day to look at a market updates. He was joined by Kanika Hope, chief strategy officer, Temenos; Dan Broten, chief technology officer, EQ Bank; and Rob Keijsers, chief digital and information Officer, ASA International.

We’re excited to go live with Finextra’s new website next week.

The FCA has published proposals for ensuring financial resilience in the face of upcoming regulations governing cryptoasset firms, with an added focus on stablecoins.

Asset servicer Northern Trust has launched a blockchain-based platform which enables institutional buyers to digitally access carbon credits.

Macroeconomic risks have been highlighted as the biggest concern affecting the growth of global fintechs, according to research from the World Economic Forum (WEF).

HSBC has piloted the use of quantum key encryption to protect client FX trading data from the threat of increasingly powerful cyber attacks.

Visa has launched stablecoin settlement in the US, letting issuers and acquirers settle in Circle’s USDC token.

Commerzbank is joining forces with startup incubator Tenity to launch a joint innovation accelerator for sustainable finance.

Standard Chartered’s digital asset trading arm Zodia Markets has acquired the Jersey-based OTC trading business of Elwood Technologies.

The US Securites and Exchange Commission has confirmeed that its X account was hacked and used to post spurious approval for the listing and trading of spot Bitcoin exchange-traded products.