Latest Fintech News
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Crypto's Midterm Spending Push Falls Short as Democrats Win
Cryptocurrency interests entered the midterm cycle with an aggressive spending plan aimed at shaping Congress. The returns fell well short of that goal, as Democrats notched a s…

SEC Updates Small-Entity Definitions for Funds and Advisers
The Securities and Exchange Commission has adopted amendments that revise which registered investment companies, investment advisers and business development companies qualify a…

Election reinforces Fed guardrails, yet independence risks linger
A US election has left the Federal Reserve with firmer institutional guardrails, yet the episode highlights how exposed the central bank's independence remains to political curr…

OCC Issues AI Supervision Framework for Bank Examiners
The Office of the Comptroller of the Currency has released a supervisory framework aimed at its bank examination staff, setting out how they should approach banks' adoption and …

Arkéa confirms cyberattack after reported $133m crypto theft
Crédit Mutuel Arkéa has confirmed that it suffered a cyberattack, after reports that hackers took about $133 million from cryptocurrency exchange accounts. The French banking gr…

Apex Group, Chainlink test modular on-chain bond compliance
Apex Group has teamed up with Chainlink, T-REX Network and the ERC-3643 Association to demonstrate a modular compliance framework built for on-chain bonds, according to a joint …

Circle Q3 Revenue and Reserve Income Climb 17% to $865 Million
Circle reported a 17% increase in third-quarter revenue and reserve income, with the total reaching $865 million. The stablecoin issuer disclosed the figure in its latest quarte…

Metro Bank stock rallies 13% on margin and profit objectives
Metro Bank drew a strong investor response after highlighting margin targets and a profitability goal, with its share price rising 13%. The move marked a notable vote of confide…

Iceland Central Bank Prepares Domestic A2A Payments Rails
The Central Bank of Iceland is preparing new domestic payments infrastructure. The system would enable banks and payment service providers to offer account-to-account payments f…