Circle, the issuer of the world’s second-largest stablecoin, USDC, has officially filed for an IPO.

WealthKernel, a provider of digital investment services and infrastructure, has raised $7 million in a Series A+ funding round by XTX Ventures.

French crypto-banking startup Deblock has secured €30 million in a Series A funding round led by Speedinvest and joined by CommerzVentures and Latitude.

Startup accelerator Techstars is cutting its workforce by 17% and killing off its $80 million JP Morgan-backed Advancing Cities programme.

Singapore-based fiat-crypto payments firm Alchemy Pay has unveiled a Web3 digital banking platform for enterprises.

GoDutch, a business and finance automation platform designed for SMEs, has raised €3.6 million after rapidly scaling to 12,500 active business users and more than €1.5 billion in annual payment volume.

BBVA has nearly quadrupled the number of its ChatGPT Enterprise licences after concluding that the technology saves employees nearly three hours a week.

The European Central Bank says there is “room for improvement” after conducting its first thematic stress tests on cyber resilience to determine how well individual banks would respond to and recover from a cyber attack.

Visa has created a cybersecurity advisory practice and appointed expert Jeremiah Dewey as global head of cyber products.

HSBC Private Bank is to roll out OpenAI’s Large Language Model to client facing staff, investment counsellors and product specialists to provide quality market insight and personalised investment strategies to high net worth customers.

A key focus for Singapore Fintech Festival 2021 was Web 3.0. Loosely defined, Web 3.0 is the next stage in the evolution of the Internet that would ensure that information can be processed with human-like intelligence with technologies such as big data and machine learning.

HM Treasury and the Monetary Authority of Singapore (MAS) held the eighth UK-Singapore Financial Dialogue in London yesterday, discussing further collaboration in sustainable finance and fintech.

Fifteen months on the from the initial roll out of its digital private banking platform in Singapore, Swiss bank Credit Suisse is launching an upgraded version for high net worth clients in Hong Kong.

The new UK government will focus on fintech and sustainable finance as key priority growth opportunities in financial services, says Chancellor of the Exchequer, Rachel Reeves.