Coinbase shares rise 6% as Grayscale ETF ruling takes effect
Shares of cryptocurrency exchange Coinbase rose about 6% Tuesday as optimism about a long-awaited bitcoin spot exchange-traded fund approval buoyed…
Binance to sell Russia business for undisclosed amount
Cryptocurrency exchange Binance said on Wednesday it will sell its Russia business to newly-launched exchange CommEX, becoming the latest company…
JPMorgan’s UK digital bank blocks customers from buying crypto
Chase UK, the British challenger bank brand of JPMorgan, has blocked customers in the U.K. from purchasing crypto assets. The…
JPMorgan Chase to offer online payroll services as it steps up fight with Square, PayPal
JPMorgan Chase is stepping up its appeal to small business customers by planning to offer digital payroll processing, CNBC has…
Early Revolut backer Lakestar leads $40 million investment in French fintech startup Swan
European venture capital giant Lakestar, an early supporter of fintech unicorn Revolut, has emerged as a prominent backer of French…
Britain’s $4.5 billion digital bank Monzo debuts investments feature
Monzo, the $4.5 billion digital challenger bank, launched a feature that lets users make investments —marking its first foray into…
Stripe rival Adyen secures banking license in the UK
Dutch payments giant Adyen on Thursday said it won approval for a banking license in the U.K., marking a deeper…
Buy now, pay later firm Klarna cuts losses in first half but fails to post profit
Swedish buy now, pay later firm Klarna reduced its losses by roughly 67% in the first half of 2023, as…
Europe’s Stripe rival Adyen saw $20 billion wiped off its value in a single day. Here’s what’s going on
Spirits were high when Dutch payments firm Adyen floated on the Amsterdam stock exchange in 2018. The company was riding…
UK launches £1 billion fintech fund to compete with Silicon Valley
The U.K. has created an investment vehicle to back growth-stage financial technology companies until they can go public, in a…
