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Competition and Hype Drive Young Crypto Investors, UK Watchdog Finds


A sizable majority of young investors seeking high-risk opportunities are motivated by competition and hype, a new survey has indicated. They often turn to cryptocurrency and forex products, according to the poll conducted by the U.K.’s financial regulator. FCA Launches...

Swiss Bank Seba Now Lets Customers Earn Yield on Crypto Holdings


A FINMA-licensed Swiss bank, Seba, has launched a program enabling clients to earn yield on their crypto holdings. In addition, the bank will “provide support for centralized lending and borrowing services, enabling investors to generate yield by lending bitcoin and ethereum directly with...

Regulation Key to African Fintech Sector Growth — New Study


According to the findings of a study by Afriwise, Kenya, Nigeria, and South Africa have the most developed fintech ecosystems on the continent. The study points to early regulation as one of the reasons for the industry’s success in these countries. Regulated Fintech Ecosystems Attract...

Swiss Fintech Launches Country’s First Regulated Crypto Asset Fund


fund tracks the performance of the Crypto Market Index 10 which is administered by the Zurich-based SIX Swiss Exchange. The index follows and measures the performance of the world’s top 10 cryptoassets by market capitalization.“The investment fund enables clients of innovative wealth and asse

Binance Prepares Changes to Work With Regulators Worldwide


Binance, the leading cryptocurrency exchange, has announced it is preparing changes to be able to work with regulators more closely. Its CEO, Changpeng Zhao, stated the company is ready to apply the needed revisions to transform the exchange into a regulated financial institution in the future....

UK Post Office Adds Option to Buy Bitcoin via Easyid App


U.K. Post Office’s Easyid app is adding the option to buy bitcoin starting this week. Through the free-to-use Post Office app, customers can access Swarm Markets, a regulated crypto exchange, to buy bitcoin and ethereum. Buy Bitcoin and Ether Using Post Office App The U.K. Post Office...

Binance Pay and GoCrypto Bring Crypto Payments Closer to Everyday Use


PRESS RELEASE. GoCrypto, a solution allowing merchants to accept, store, withdraw and buy cryptocurrencies, announced the integration of Binance Pay into the GoCrypto system giving crypto adopters more options to use crypto as the mainstream means of payment as they are intended to be. The GoCrypto...

Bitfinex Introduces Regulated Exchange Platform


Bitfinex Securities, which lets users avail a wide range of investment-related products based on blockchain technology, has recently introduced its investment exchange platform with the assistance of the AIFC Fintech Services. Its goal is to augment the availability and reach of the financial...

Baanx Acquires Stake in Major US Fintech Bank


PRESS RELEASE. Baanx, the fast growing B2B2C “Better than a Banking Platform” specializing in fintech services & lending, becomes the third-largest shareholder in the United States regulated Maxwell State Bank in a multi-million-dollar deal to enhance cybersecurity and banking...

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