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Argo Blockchain Sees Big Q2 Gains, Has Strong June Showing

Argo Blockchain, a Bitcoin mining operation, passed its Q2 expectations, the company said in a report released in early July. So reports Cointelegraph.

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Utah Joins Arizona Allowing Fintech Experimentation

Utah has become the latest location to launch a regulatory sandbox to allow fintechs to test products before getting a license. So reports CoinGeek.

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PayU Taking Majority Position in Red Dot Payment, Eyes Asia

PayU, a fintech specializing in emerging markets, is planning to buy a majority stake in Red Dot Payment, which is based in Singapore. So reports TechCrunch.

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MetLife Turns Back to Blockchain to Bolster Efficiency

MetLife will use the Ethereum blockchain to improve the efficiency and transparency of the life insurance claims process. So reports Forbes.

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E&Y Report Raises Serious Questions About Quadriga Founder’s Activities

A new report from Ernst & Young shows Gerald Cotton, who founded QuadrigaCX, mismanaged the asset exchange prior to his sudden death. So reports the Financial Post.

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FinTech Sandbox Teams with Equifax to Spark Innovation

Equifax Inc. announced a new collaborative effort with FinTech Sandbox to aid in driving Fintech innovation. So reports Yahoo! Finance.

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Current Chief: FB Stole Our Logo for Calibra Launch

Stuart Sopp, founder of fintech online bank Current, said Facebook ripped off his logo to market its new global currency initiative. So reports CNBC.

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'LongFi' Hotspots Set to Drive Down Wireless Internet Costs

Blockchain startup Helium launched the national sale of Hotspot, which aims to reimagine networking for “low-powered devices” while also offering cryptocurrency rewards. So reports Forbes.

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Ex-Merrill Lynch Employee Fined for Not Reporting Crypto Activity

The Financial Industry Regulatory Authority, a U.S. regulatory body, fined a former Merrill Lynch employee $5,000 for not reporting the mining of cryptocurrency. So reports Cointelegraph.

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Conflicting Fintech Reports Issued Ahead of G-20

As regulators prepare for the G-20 meeting, central bankers and finance ministers are divided on how to mitigate the risks and reap the rewards of fintechs amid conflicting advice. So reports Roll Call.

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