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Latest Results from /crypto

/crypto

Santander latest bank to ponder stablecoin play

Bank interest in stablecoins continues to gather momentum, with Santander now reportedly looking into launching its own offering.

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Fintechs enter new stage of profitability - report

The global fintech has enetered a new chapter defined by a rise in profitability and the emergence of scaled fintech and an "intensified focus on profitable growth".

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Binance civil enforcement action dismissed by SEC

In June 2023, The Securities and Exchange Commission filed charges alleging that the crypto asset trading platform committed a variety of securities law violations.

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Saudi academics create world's fastest quantum random number generator

Research scientists at Saudi Arabia's King Abdullah University of Science and Technology (KAUST) and King Abdulaziz City for Science and Technology (KACST) have reported the fastest quantum random number generator (QRNG) to date based on international benchmarks.

/crypto

Conduit raises $36m to take on Swift with stablecoin-based cross-border payments

Stablecoin-based cross-border payments platform Conduit has raised $36 million in a Series A funding round co-led by Dragonfly and Altos Ventures.

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Block rolls out bitcoin payments on Square

Block is adding real-time bitcoin payments to its Square point-of-sale terminals.

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Trump Media raises $2.5bn to buy bitcoin

Donald Trump's media company says it is raising $2.5 billion from institutional investors to build a bitcoin reserve.

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The FCA bundles stablecoins into new crypto regime

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

/crypto

Worldpay partners BVNK for stablecoin payouts

Worldpay has enlisted BVNK to bring nearly instant global payouts in stablecoins to its clients in the US and Europe.

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Major US banks consider joint stablecoin venture

US big banks, JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo have held discussions on potentially launching a stablecoin that will improve transaction speeds whilst managing competition from encroaching crypto firms.

/crypto

Binance integrates with Brazil's Pix payments system

Binance Pay has integrated with Brazil's Pix system to enable people to use crypto to make instant payments in reais.

/crypto

Apex acquires majority stake in tokenisation firm

Fund administrator Apex Group has acquired a controlling stake in Luxembourg-based Tokeny in a move designed to spearhead a push into the tokenisation market.