Merchants Will Spend $28B on Financial Crime Prevention Software in 2027: Report
Juniper Research estimates that global spending on financial crime prevention software tools will rise from $22.1 billion in 2023 to over $28.7 billion by 2027
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Microsoft to Expand ChatGPT Access
Microsoft will expand access to ChatGPT amid rumors of OpenAI investments.
Thai SEC Introduces Crypto Custody Requirements
The Securities and Exchange Commission (SEC) of Thailand wants to protect Thai crypto investors with the new rules obliging virtual asset service providers to improve their risk management policies
Bank of Japan Toughens Monetary Policy
The Bank of Japan tightened its monetary policy, although it characterized its actions differently.
Japanese Regulators Want Crypto Treated Like Banks
Japanese regulators want to change attitude toward cryptocurrencies.
Payments Platform Sprinque Raises €6 Million
The Dutch B2B payment platform Sprinque has attracted initial financing in the amount of 6 million euros.
EU Postpones MiCA Crypto Regulation Vote to April
EU lawmakers have re-scheduled their vote on landmark crypto regulation bill MiCA to April 2023. Its key provisions cover transparency, disclosure, authorisation and supervision of crypto transactions
Looming Twitter Interest Payment Threatens Elon Musk With Problems
The impending interest payment on Twitter is a serious problem for Elon Musk.
Collapsed Crypto Hedge Fund Founders Want $25 Million for New Project
Founders of the now-bankrupt Three Arrows Capital (3AC) are pitching a collaboration to cryptocurrency exchange CoinFLEX.
Fintech Kwara Raises $3M Seed Extension, Partners Over 4,000 Credit Unions
Kenyan fintech Kwara, which turns analogue credit unions into modern digital banks, has raised a $3 million seed extension, preparing for the enormous expansion
Seoul Government Opens City’s First Metaverse Project
According to Seoul’s mayor, Oh Se-hoon, the new virtual environment will allow residents to access official documents, file complaints, and receive help with filing taxes.
India’s Central Bank Calls for Outright Ban on Crypto
The head of India’s Central Bank has called for a blanket ban on cryptocurrency, again.
Tether’s Settlement Volume Flips Visa and Mastercard
According to Coin Metrics, Tether (USDT) handled $18.2 trillion in transactions in 2022, far surpassing established payment processors Visa and Mastercard, who processed $14.1 trillion and $7.7 trillion, respectively.
North Korean Hacker Group Moves $63.5 Million in ETH
Infamous North Korean hacker group Lazarus moved 41,000 ETH, valued at $63.5 million, among over 350 accounts. The Lazarus Group has previously been implicated in Bitcoin theft, amounting to more than $2 billion.
Deutsche Bank’s Blue Water Fintech Lab Launches First Commercial Product
Deutsche Bank’s Blue Water Fintech Lab developed a robotic process automation platform for processing and matching data in several banks.
How to Run Your Own Clothing Store
The retail industry is one of the most lucrative ventures, with a variety of business opportunities available to entrepreneurs. It offers the chance to develop creative concepts and make profits while bringing joy to customers. Running a successful store is not simply about passion and adequate finances. It requires having a clear set of goals […]
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