Managers of Wealth Fintech

The GENIUS Act - a boost for fund tokenisation

A regulated, blockchain-based payment mechanism brings the automation of payments by tokenised funds a step closer.

Thailand Grants Five-Year Tax Exemption for Crypto Investors

The exemption applies to trades on SEC-regulated exchanges, brokers, and dealers

Trump and sons' stake in crypto firm worth $5bn

The company raised money by selling its eponymous digital tokens to investors, who were initially barred from selling.

Gemini files for IPO

Gemini Space Station plans to list on the Nasdaq Global Select Market and is looking to sell 16.67 million shares at $17 to $19 each, raising as much as $317 million.

Citing Crypto Risks BSP Freezes New VASP Licenses for Foreseeable Future

The central bank stated the decision considers the heightened risks associated with virtual assets and is part of its commitment to protect consumers and uphold financial stability.

Thunes to Broaden Payout Reach With Ripple’s Blockchain Tech

Ripple’s payments platform will support Thunes in extending coverage to more currencies and countries across its Direct Global Network.

Straits Millennium Cleared by MAS to Provide Crypto Payment Services

The license positions Straits Millennium to expand its role in Singapore’s regulated digital asset ecosystem.

ABL announces new investment in AI driven technology

The agreement represents the next step in ABL’s ongoing commitment to embrace innovation

US Department of Commerce puts economic data on-chain

The US Department of Commerce has enlisted Chainlink and Pyth to put macroeconomic data, including GDP, on the blockchain.

AI-powered finance is redefining the future of wealth management

AI enables mass customisation, helping create personalised financial plans at scale.

Local payments driving LATAM’s online shopping boom

The research also captures shifting consumer preferences across the region.

The AI Fraud Crisis That the CEO of OpenAI Wants Us to See

The scale of the problem is reflected in staggering financial losses, with AI-powered scams costing consumers over US$12.5 billion in 2024 and bypassing security measures nearly a third of the time.

Stablecoin platform Rain raises $58m

Enterprise interest in stablecoins has surged following the Genius Act in the US and the MiCA framework in Europe, which have created a clear regulatory path for adoption.

Finastra and Circle Open Door for USDC Stablecoin Use for Faster Settlements

The move follows Circle’s earlier pilot with Mastercard and expands the use of stablecoins in global banking networks.

Garanti BBVA migrates customers' crypto asset portfolios to banking app

Garanti BBVA Crypto users can now easily view their crypto assets, along with price information in real time, gains and losses, and watchlists directly from the ‘Investments’ menu in the bank’s mobile app.

Insights from the BMA’s Discussion Paper on Responsible Use of Artificial Intelligence in Bermuda’s Financial Sector

The BMA is taking a consultative approach to ensure that the proposed regulatory framework is fit for purpose while adhering to international standards.

End of payment tokens regulation transition period signals ‘new phase’ for UAE digital asset regulation

The regulation now fully applies across mainland UAE, excluding the financial free zones, and businesses operating in the digital payment token space must ensure they are fully licensed or registered to continue offering services.

Cloudflare Moves First to Rein in AI Crawlers with Default Block Setting

The move comes amid growing concerns over AI models scraping web content without attribution or fair compensation.

Gemini accelerates European expansion with MiCA approval

Gemini's MiCA approval complements its May obtainment of a MiFID II Investment Firm licence for derivatives trading.

Zopa to upskill workforce for GenAI paradigm shift

Zopa's investment in AI comes as the bank releases a report on AI adoption in UK banking

Bitcoin, Blockchain & AI