News

Wintermute Asia Pte. Ltd , the digital asset derivatives trading arm of Wintermute Group, the leading global algorithmic trading firm, and liquidity provider in digital asset markets, today announced that it has completed the integration of its spot and...

South Korea’s Financial Supervisory Service (FSS) has launched a “continuous monitoring system” for suspicious crypto transactions on exchanges. In a July 4 notice, the FSS said it had worked with South Korean digital asset exchanges to establish a system for...

Thailand is set to roll out what was initially a controversial $13.8 billion digital cash handout program to stimulate its sluggish economy. Prime Minister Srettha Thavisin announced that eligible businesses and individuals could register for the program, dubbed the...

Apple has staved off massive European Commission fines by agreeing to open up the NFC chip technology that enables iPhone users to make contactless payments to third-party providers. The EC says it has made the commitments offered by Apple legally...

Egypt’s net foreign assets recorded the first surplus in over two years in May at $14.3 billion, up from April’s $3.7 billion deficit, revealed the latest Central Bank of Egypt (CBE) data. Egypt’s net foreign assets have witnessed an...

The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, has signed an agreement to invest $500 million in Hong Kong Chaoshang Group, an investment holding company. The investment includes $100 million in five-year convertible debentures and $400 million...

South Africa’s leading digital bank, TymeBank, has successfully raised $77.8 million in a pre-Series C funding round. The round was co-led by African growth-stage investor Norrsken22 and global impact investment firm Blue Earth Capital. This increase of capital brings TymeBank’s total...