Breaking News: Technology

Binance to exit the Netherlands after failing to obtain regulatory approval

Cryptocurrency exchange Binance said it will leave the Netherlands after the company’s application to register under the Dutch crypto authorization…

SoftBank-backed digital bank Zopa beefs up executive team with IPO-experienced CTO

LONDON — British digital bank Zopa is beefing up its management team with a couple of senior hires, as the…

U.S. withdraws new charges in Sam Bankman-Fried case, punts them to 2024

Federal prosecutors asked a judge on Thursday to remove five charges against alleged crypto fraudster Sam Bankman-Fried, including bribery of…

$5 billion fintech Zepz looks to take on rivals like PayPal with digital wallet, M&A plans

LONDON — Zepz, the owner of money transfer firms WorldRemit and Sendwave, is on the hunt for mergers and acquisitions…

Nvidia-backed platform that turns text into A.I.-generated avatars boosts valuation to $1 billion

Synthesia, a digital media platform that lets users create artificial intelligence-generated videos, has raked in $90 million from investors —…

Big banks are talking up generative A.I. — but the risks mean they’re not diving in headfirst

AMSTERDAM, Netherlands — Major banks and fintech companies claim to be piling into generative artificial intelligence as the hype surrounding the…

Andreessen Horowitz to open first office outside the U.S. in London in bet UK will become crypto hub

LONDON — Andreessen Horowitz is opening its first office outside of the U.S. in London, the venture capital firm announced…

Here’s what’s hot — and what’s not — in fintech right now

AMSTERDAM, Netherlands — At last year’s Money 20/20 — Europe’s marquee event for the financial technology industry — investors and…

Banks are cutting off Binance’s access to U.S. banking system, exchange says

Binance.US customers will no longer be able to use U.S. dollars to buy crypto on the platform as early as June…

Biden and UK’s Sunak sign ‘Atlantic Declaration,’ pledging agreements on A.I. and critical minerals

Despite a U.S.-U.K. trade deal remaining very much elusive, British Prime Minister Rishi Sunak and President Joe Biden signed a…