News (808)
Beijing’s Continues Crusade Against Proliferating Fintech Expansion
- Thursday, 07 January 2021
- News
- Written by FinTech News Brief Staff
The People’s Bank of China, the nation’s central banking institution, is pledging fiscal stability and aggressive enforcement in opposition to the “disorderly expansion of capital,” generally understood to equate to the activities of big tech. So reports the South China Morning Post.
Read more...Mediterranean Hospital of Cyprus Turns to Blockchain to Certify COVID-19 Vaccines
- Thursday, 07 January 2021
- News
- Written by FinTech News Brief Staff
The Mediterranean Hospital of Cyprus announced the use of E-HCert app, which is supported by the VeChainThor blockchain, to certify COVID-19 vaccines for 100 nurses and doctors. So reports Coindesk.
Read more...Future FinTech to Soak Up At Least 60% of Outstanding Blocknance Shares
- Thursday, 07 January 2021
- News
- Written by FinTech News Brief Staff
Future FinTech has signed a deal with Dominican Republic-based Blocknance Financial and shareholders in which the former will acquire 60% of the outstanding shares for a price of $960,000. So reports Seeking Alpha.
Read more...SoFi Going Public Through Palihapitiya Shell Company
- Thursday, 07 January 2021
- News
- Written by FinTech News Brief Staff
SoFi is plotting a merger via a special purpose acquisition company backed by Chamath Palihapitiya. So reports CNBC.
Read more...XRP Lawsuit Has Ripple Effect for Coinbase
- Saturday, 02 January 2021
- News
- Written by FinTech News Brief Staff
The Securities and Exchange Commission (SEC) has filed action against Ripple Labs and its top executives after alleging they raised more than $1.3 billion from an “unregistered, ongoing digital asset securities offering.”
Read more...eToro Considering IPO Via Goldman: Report
- Saturday, 02 January 2021
- News
- Written by FinTech News Brief Staff
Israeli fintech company eToro is weighing its options regarding a potential initial public offering. So reports Seeking Alpha.
Read more...BlackRock Looks for NY-based VP to Spearhead Crypto Efforts
- Saturday, 02 January 2021
- News
- Written by FinTech News Brief Staff
BlackRock, the world’s biggest asset manager, is looking to hire a vice president “to help build and execute strategies” as well as “drive demand” for its crypto-related offerings. So reports Coindesk.
Read more...NFL Pro Bowl Tackle Okung Taking Part of Salary in BTC
- Saturday, 02 January 2021
- News
- Written by FinTech News Brief Staff
Russell Okung of the Carolina Panthers has long said he wants to be paid in Bitcoin. Now, he is going to be able to do that thanks to Zap’s Strike product that converts the digital currency into U.S. dollars. So reports Bloomberg.
Read more...China Continues Regulatory Barrage Against Jack Ma's 'Empire'
- Saturday, 02 January 2021
- News
- Written by FinTech News Brief Staff
China has ordered an investigation into Alibaba and has ordered its affiliate company, Ant Group, to scale down its operation. So reports The Guardian.
Read more...Bitcoin Likely to Cool Off in Early 2021: Newton Advisors
- Saturday, 02 January 2021
- News
- Written by FinTech News Brief Staff
After hitting its all-time high, Bitcoin is likely to take a breather as we head into 2021, according to a prognostication from the president and founder of Newton Advisors, Mark Newton. So reports CNBC.
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