August 2025 – Page 11

Paxos Reaches $48.5 Million Settlement in New York Over AML Violations Linked to Binance

Blockchain infrastructure provider Paxos has reached a $48.5 million settlement with New York regulators over anti-money laundering (AML) failures linked to its partnership with Binance....

Standard Chartered Enters Five-Year Carbon Credit Agreement with Brazilian State

Standard Chartered and Acre State Partner for Forest Protection Carbon Credits Standard Chartered has announced an agreement to sell up to five million high-integrity forest...

Trump Signs Order Permitting Cryptocurrency in 401(k) Retirement Plans

US President Donald Trump has signed an executive order allowing Americans to include alternative assets such as private equity, cryptocurrencies, and real estate in their...

Ripple Acquires Stablecoin Company Rail for $200 Million

Ripple is acquiring Toronto-based stablecoin payments platform Rail for $200 million. Rail offers a payment infrastructure that connects fiat and stablecoin technologies, enabling clients to...

AI-Driven Payment Dispute Platform Casap Secures $25 Million in Funding

Casap, a company leveraging AI to automate payment disputes and address first-party fraud, has successfully raised $25 million in a Series A funding round led...

Barclays Joins HSBC in Exiting the Net Zero Banking Alliance

Barclays has followed HSBC's lead in exiting the Net Zero Banking Alliance (NZBA), citing a shift in the membership landscape as the primary reason for...

Sustainable Finance.Live Set to Return in November 2025

Sustainable Finance.Live, Finextra’s premier annual conference, is set to return on November 4, 2025, in London, bringing together leading experts in sustainable fintech alongside professionals...

FCA Increases Regulation on E-Money Firms; Consumer Groups Claim “Too Little, Too Late”

The UK's Financial Conduct Authority (FCA) has finalized new regulations to safeguard consumers' funds in the event of payment firm insolvencies. Under these new rules,...

Asset Management Associations Unite in Global Blockchain Initiative

The asset management sectors of the UK and Singapore have united under Project Guardian, an innovative cross-border initiative spearheaded by the Monetary Authority of Singapore,...

Visa Introduces Cybersecurity Advisory Services

Visa has launched a cybersecurity advisory practice and appointed Jeremiah Dewey as the global head of cyber products. The new Visa Cybersecurity Advisory Practice aims...