FCA sues crypto exchange HTX
The UK’s Financial Conduct Authority has filed a lawsuit against HTX, a cryptocurrency exchange linked to Justin Sun, a billionaire who has invested millions of dollars in the Trump family’s crypto ventures.
The UK’s Financial Conduct Authority has filed a lawsuit against HTX, a cryptocurrency exchange linked to Justin Sun, a billionaire who has invested millions of dollars in the Trump family’s crypto ventures.
Climate-related startups are beating the wider downturn in fintech funding, with Europe leading the way, according to new data from CommerzVentures, the VC funded by Germany’s Commerzbank.
Lloyds Banking Group is expecting to play host to tens of thousands of employees at a two-month Data & AI Summer School as part of a commitment to building a digitally-confident workforce.
Deutsche Börse is teaming up with crypto exchange Kraken in a bid to bridge traditional financial markets and the digital asset economy, spanning trading, custody, settlement, collateral management, and tokenised assets.
Finextra’s annual Sustainable Finance Live conference will take place at Events@No6 in London on 10th October, bringing together experts from all over the sustainable finance industry to discuss plans and strategies to make the financial sector greener for the future. Leading up to the event, Finextra spoke to upcoming speakers for a sneak peek into what’s to come.
Fraud prevention and AML compliance specialist Seon has raised $80 million in a series C funding round led by Sixth Street Growth.
Ripple has won approval from the New York Department of Financial Services for the upcoming launch of its dollar-backed stablecoin RLUSD.
Ziglu, the crypto startup launched by former Starling co-founder Mark Hipperson, has entered administration.
Real estate lender Atelier is to price the interest on its loans according to the sustainability of developer-led projects.
London-based climate risk analytics provider Climate X has raised $5.4 million in a seed funding round co-led by CommerzVentures and A/O PropTech.
Canadian debit network Interac is broadening access to its e-Transfer service beyond regulated banks and credit unions, with Wealthsimple the first new player to join.
Sam Altman’s Tools for Humanity has raised $115 million for Worldcoin, its effort to build an identity and financial network by giving away free crypto tokens to people who agree to get their irises scanned.
French startup Next Generation has revived a euro-pegged stablecoin, EURT, that was suspended in 2017 due to a lack of regulatory frameworks.
Brazilian fintech giant Nubank has secured approval from Mexican regulators to become a bank in the country.
The Securities and Exchange Commission says a “SIM swap” attack was to blame for the hack on its X account earlier this month.