Managers of Wealth Fintech

More trouble for Flutterwave after Kenyan Court freezes fintech’s bank accounts

The ARA believes that the accounts may have been used as conduits for money laundering in the guise of providing merchant services.

Lack of crypto tax understanding a ‘concern’ for HMRC

The explosion of interest in this space could lead to many young people’s first real interactions with HMRC being an investigation into their affairs for unpaid tax in the future.

SIX Digital Exchange’s Web3 Unit Partners With Fireblocks

The platform integration will consist of the highest institutional-grade standards and remains in line with SIX Group’s standards in the market.

Iress to scrap Adviser Office from next year

“Our new Xplan packages provide increased choice and ease for advisers, with functionality like client portal, digital signatures and automated workflows available out of the box.”

Russian Media Censor Roskomnadzor Blocks Major Crypto News Website

The local prosecutor motivated his plea with the need to “protect an indefinite circle of persons.” Seven websites were restricted, but the ruling was overturned later that year.

Australia Post ‘disruptor’ Sendle, Airtasker lead in tech jobs losses

Co-founder and chief executive of Sendle James Chin Moody told The Australian Financial Review it had cut back on staff about a month ago, while also raising additional capital from existing investors to give it “sufficient runway” for the for

EU MEPs agree new crypto rules

This rule requires that information on the source of the asset and its beneficiary travels with the transaction and is stored on both sides of the transfer.

Blockchain.com Cooperating With Investigations Into Three Arrows

The court made the liquidation order on Monday and has appointed two partners at consulting and advisory firm Teneo to handle the process, a person familiar with the matter has told Bloomberg News.

Grayscale Sues SEC Over Rejection of Proposed Spot Bitcoin ETF

The SEC is acting “arbitrarily and capriciously” in its treatment of similar investment vehicles, Grayscale’s senior legal strategist said

Change Is Constant* and There’s a Lot of Regulatory Change Happening in The UK – Impacting Fintechs and Crypto Asset Companies.

AISPs are regulated firms that aggregate customers’ different payment accounts in one place for easy viewing; they do not process transactions.

The FX fintech has now secured FCA and NBB licences.

The company’s key point of differentiation from its competitors is its fixed fee of £3 for any transfer of up to £1m.

The Bank of London and SAP Fioneer join forces to disrupt global clearing and transaction banking

The Bank of London is the UK's second clearing bank authorised in the last 250 years.

Singapore regulator praises leaders of crypto firms like Binance

The total market value of cryptocurrencies, which topped US$3 trillion (about RM13.21 trillion) in November, has dropped to US$991 billion, according to data from CoinGecko.

Saudi Arabia aims to increase digital transactions to 70% by 2025

The strategy seeks to increase the number of FinTech companies operating in Saudi Arabia from 82 to 230 by 2025

European Banking Authority Asks for PSD2 Review

The EBA has observed that, while some objectives of the PSD2 have started to materialise, there are still many issues and challenges that need to be addressed.

CJEU AG Sets High Bar for Responses to Data Subject Access Requests

The Advocate General argues that organisations should provide individuals with information on the specific recipients of their personal data.

BIS compares projects to transfer central bank digital currencies across borders

The international bank found high technical feasibility among the projects, but significant work on legal and governance frameworks still remains to be done.

Accounting platform Autobooks bags $50m in Series C round

Among its partners are established software vendors such as Alkami, Bottomline and FIS.

High season for regulators in crypto winter

In the face of dramatic stock market crashes and collapses, legislators and regulators are turning their attention to novel financial instruments and companies.

BIS Innovation Hub sets out new projects

The Innovation Hub will also expand its portfolio in the areas of green finance and supervisory and regulatory technology (regtech and suptech).

Legal,Regulation,Tax & Compliance