Welcome to our weekly roundup, where we dive into all the latest buzz in the Forex, Fintech, and cryptocurrency scenes. We’ve got you covered with a rundown of the week’s top events and trends in these dynamic sectors, so you can stay in the know and ahead of the game.
FX Markets
LoopFX gets £2.6 million backing from Augmentum Fintech
LoopFX, the London-based venue for large spot FX trades with a unique matching solution for market participants, has received the backing of Augmentum Fintech, which made a £2.6 million investment into the startup. Read More
IG US rebrands to tastyfx to better align with US Forex traders
IG US has decided to rebrand its brokerage and platform technology to tastyfx to better align with the US brokerage market and bring FX trading closer to the tasty family of products, the IG Group subsidiary announced. Read More
Nuvei set to secure Retail Services Category II License in UAE
Nuvei has secured an in-principle approval for a Retail Services Category II License from the Central Bank of the UAE. Read More
Nubank taps Lightspark to add Bitcoin Lightning Network
Nubank has partnered with Lightspark to bring the Bitcoin Lightning Network to its platform and customers. Read More
Crossover Markets raises $12m to bring 24/7 trading to more asset classes
Crossover Markets has raised $12 million in its Series A funding round to further expand its role as the leading ECN in digital assets and bring 24/7 trading to additional asset classes. Read More
Only 9% of crypto firms are fully prepared for EU’s MiCA rules
Only 9% of the firms that were in scope for the European Union’s Markets in Crypto Assets Regulation (MiCA) are fully prepared for the upcoming rules, according to a study from Acuiti commissioned by Eventus. Read More
Crypto Markets
Binance freezes tokens stolen from Turkish crypto exchange
Binance is reportedly helping in the investigation of a cyber attack on Turkish crypto exchange BtcTurk, with over $5 million in stolen funds frozen so far, according to CEO Richard Teng. Read More
Bybit integrates Apple Pay for debit card users
Dubai-based cryptocurrency exchange announced that its debit cards can now be added to Apple Pay, according to CEO Ben Zhou’s post on X. Read More
Bitstamp to delist Tether stablecoin as MiCA regulation looms
European crypto exchange Bitstamp is set to delist Tether’s euro-pegged stablecoin, EURT, in preparation for the full enforcement of Europe’s Markets in Crypto-Assets Regulation (MiCA). Read More
Spot Ethereum ETFs to receive SEC approval by July 4
The Securities and Exchange Commission (SEC) may approve applications for spot Ethereum (ETH) exchange-traded funds (ETFs) as soon as July 4, according to a report by Reuters. Read More
VanEck files for Solana ETF in US, analyst expects approval in 2025
Asset manager VanEck has filed to launch a Solana (SOL) exchange-traded fund (ETF), marking the first such registration in the United States. Read More
Consensys sued by SEC over staking with Lido and Rocket Pool
The U.S. securities regulator has filed a lawsuit against Consensys, accusing it of operating as an unregistered broker and engaging in the unregistered offer and sale of securities through MetaMask Swaps since 2020. Read More
This news is republished from another source.
