January 2025 – Page 98

Ripple Achieves Partial Victory in SEC Lawsuit

Ripple has achieved a significant victory in a ruling regarding the sale of its XRP token, with a US judge determining that these transactions on...

Brothers Sentenced for Fraud Involving P2P Investment Firm

The brothers behind a British peer-to-peer investment platform have been sentenced to a total of eight years in prison for fraud and money laundering. Before...

FSB Enhances Regulatory Framework for Cryptocurrency Assets

The Financial Stability Board (FSB) has introduced a global regulatory framework for crypto-asset activities based on the principle of ‘same activity, same risk, same regulation.’...

BaFin Expands AML Oversight for N26

Germany's financial regulator BaFin has extended money laundering controls at digital bank N26 due to the ongoing "deficiencies" in its systems. In 2021, BaFin fined...

Visa Unveils AI-Driven Fraud Prevention Solutions

Visa has introduced three AI-powered risk and fraud prevention tools as part of its product offerings for businesses. These new additions to the Visa Protect...

Revolut Launches Virtual Cryptocurrency Payment Cards

Revolut is introducing dedicated crypto payment cards designed for everyday purchases. These new virtual cards, which integrate seamlessly with Apple Pay and Google Pay, allow...

UK Treasury Rejects Proposals to Classify Cryptocurrency as Gambling Regulation

The UK Treasury has firmly rejected proposals from an all-party parliamentary committee suggesting that consumer trading in unbacked cryptocurrencies like bitcoin and ether should be...

Citi Drives Investment Round for Colombian B2B Fintech Supra

Citi has led an investment round in Colombian B2B payments startup Supra. Far Out Ventures and H20 Capital also participated in the financing. Founded in...

FCA Establishes Permanent Digital Sandbox

The UK's Financial Conduct Authority (FCA) has established a permanent Digital Sandbox, providing year-round access for firms to experiment with innovative technologies. Previously, this platform...

PayPoint hit with lawsuit from energy charity

UK-based payment services provider PayPoint UK is facing legal action over alleged anti-competitive practices in the prepayment market. The company has received a multimillion-pound lawsuit...