Industry News — Page: 10
SoFi Gets Regulatory Clearance for Bank Charter. The Stock Is Surging
In premarket trading on Wednesday, SoFi Technologies stock soared after the financial technology firm gained regulatory approval to become a bank holding company.
Solana-Based DeFi Project Hubble Protocol Raises $10M
Hubble Protocol, a decentralized finance (DeFi) project, has acquired $10 million in investment in advance of its mainnet debut later this month. Hubble plans to utilize the funds to grow its personnel and extend its DeFi project services.
Stackwell Launches a Robo-Investing App That Aims to Close Racial Wealth Gap
American investment platform launched an application that aims to provide accessible education and assistance throughout the investment process for the POC.
StanChart Fined $61.5 Million For Misreporting Liquidity Position
The Prudential Regulation Authority (PRA), which is part of the Bank of England, fined Standard Chartered $61.51 million on Monday for misreporting its liquidity position to the regulator and deficiencies in its procedures.
Susquehanna Joins TP ICAP Digital Asset Platform As Market Maker Ahead of Launch
Susquehanna's digital assets division has signed on as a market maker to TP ICAP's Digital Asset Platform, slated to launch later this year.
Teller Finance Introduces DeFi-Native Lending Market In Singapore
A decentralized and unsecured lending market powered by the DeFi protocol called Teller Finance has been launched in Singapore to assist Singaporean consumers in obtaining funds for various expenses.
Tencent Commences Test Programme For Digital Yuan Wallet
As part of Tencent's A/B testing, its e-CNY Wallet allows users to make purchases via QR codes on WeChat using digital currency. The program will allow users to transfer funds, receive payments, and access credit card functions.
Thailand is thinking over the possibility of a tourism token
The Tourism Authority of Thailand is going to schedule a set of panel discussions with the local Securities and Exchange Commission. The authority is about to issue a utility token claimed for the crypto tourism development. The token is going to be called TAT Coin from the authority's abbreviation.
The Australian-based BTC exchange to launch a crypto MasterCard
The distance between traditional finances and the crypto world is melting down rapidly. The largest Australian-based crypto exchange, CoinJar, has launched crypto payment cards. The new revolutionary product is supported by MasterCard.
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