FEMSA’s fintech arm sees 10 million users in Mexico by 2023
MEXICO CITY, Oct 20 (Reuters) – Spin by Oxxo, the financial technology initiative launched by Mexican bottler and retailer Femsa, is set to reach 10 million...
Tagged: FINE
Crypto Lender Voyager Sends $1.42B FTX Sale to Creditor Vote
Summary Companies Law firms FTX submitted the winning bid after a two-week auction in September Voyager says customers will move to FTX with 72% recovery on...
You can’t give notice to a crypto collective, say crypto groups in the Ooki lawsuit
Law firms Related documents (Reuters) – A battle over the U.S. Commodity Futures Trading Commission’s plan to serve its lawsuit against a decentralized crypto collective via...
Cryptoverse: A crowd of funds bet on the allure of battered bitcoin
Oct 18 (Reuters) – A growing number of funds are banking on the long-term appeal of bitcoin and ether, a cruel gambit in the depths of...
OCC’s Hsu: Bank-fintech partnerships ‘here to stay’, while crypto-hogging ‘brain space’
WASHINGTON, Oct 13 (Reuters) – A top U.S. banking regulator said his caution about banks working with fintechs is not meant to stifle those arrangements, but...
Banks Should Manage Increased Risk From Deposits From Crypto Firms – Fed’s Barr
Oct 12 (Reuters) – Banks that accept deposits from cryptocurrency companies should be aware of increased liquidity risk, especially if firms are heavily interconnected with other...
Crypto’s Grayscale Blasts SEC Over ‘Special Harshness’ Against Bitcoin Trading
(Reuters) – Crypto asset manager Grayscale Investments LLC, which manages the world’s largest bitcoin mutual fund, told a federal appeals court on Tuesday that the U.S....
Shades of Gray Says US SEC Set Bar Too High for Bitcoin Funds
Oct 11 (Reuters) – Grayscale Investments said in a court filing on Tuesday that the U.S. Securities and Exchange Commission set the bar too high for...
Regulators propose first global rules before ‘crypto winter’ thaws
LONDON, Oct 11 (Reuters) – Crypto asset companies should set aside capital like banks when they carry out similar activities, regulators suggested on Tuesday in their...
Cryptoverse: Hack jitters push bitcoin investors back to the future
Oct 11 (Reuters) – Being a crypto investor is not easy. They have seen the value of their holdings drop like a brick this year, and...