Financial Services Executive? Open AI Wants You
- The recruitment process for the project is largely automated, involving a 20-minute chatbot interview.
- Each contractor is required to deliver one complete financial model per week, following professional Excel standards.
Tuesday, 21/10/2025 | 17:08 GMT by
Jared Kirui
Fed's Governor Proposes Access to Central Bank’s Payment Infrastructure for Crypto Firms
- Only federally chartered banks currently access master accounts directly, while crypto firms are restricted.
- The proposal drew attention from fintech leaders such as Ripple CEO Brad Garlinghouse, whose company is seeking a Fed master account.
Tuesday, 21/10/2025 | 15:52 GMT by
Jared Kirui
Coinbase Enters Digital Capital Markets With $375M Echo Acquisition Deal
- The exchange plans to integrate Echo’s technology to simplify and streamline the fundraising process for crypto projects.
- Separately, Coinbase is also part of a broader payments collaboration led by Google, involving more than 60 major firms like American Express.
Tuesday, 21/10/2025 | 13:53 GMT by
Jared Kirui
Ripple-Linked Firm Evernorth to Go Public in $1B SPAC Deal Aimed at XRP Purchases
- Evernorth will reportedly be led by former Ripple executive Asheesh Birla and a team with deep Ripple ties.
- Additional investors include Ripple, Rippleworks, Pantera Capital, Kraken, GSR, and Ripple co-founder Chris Larsen.
Monday, 20/10/2025 | 17:45 GMT by
Jared Kirui
Revolut Secures Mexico Banking License, Building on Operations in the US and Brazil
- The new approval allows the fintech giant to accept deposits and offer regulated banking services.
- Revolut is also pursuing a full banking license in Colombia and working to acquire a bank in Argentina.
Monday, 20/10/2025 | 15:20 GMT by
Jared Kirui
Former Polish President Andrzej Duda Joins ZEN.COM Board amid Asia Expansion
- The board's composition has been submitted to the Bank of Lithuania, where ZEN.COM holds its European EMI license.
- ZEN.COM recently partnered with Visa to enhance real-time cross-border payment services.
Monday, 20/10/2025 | 13:09 GMT by
Jared Kirui
NXG Markets, OneRoyal, Rostro, and More: Executive Moves of the Week
- In one of the notable C-suite appointments this week, NXG Markets appointed former Doo Prime executive Anjum Sayed as its new CEO.
- Tradeweb Markets named Rich Chun Managing Director and Head of Asia, among other moves.
Sunday, 19/10/2025 | 04:00 GMT by
Jared Kirui
Weekly Roundup: Germany Wants CFD-Like Restrictions for Turbos, Kraken Buys Small Exchange from IG for $100M
- Gain Capital, the operator of Forex.com, gains a Category 5 license from Dubai’s SCA.
- A new study shows that the Asia Pacific made up 30% of global CFD revenue in 2023.
Saturday, 18/10/2025 | 04:00 GMT by
Jared Kirui
MultiBank Taps Capital.com’s Former Exec Dana Massey as Chief Product and Growth Officer
- Massey held leadership roles at game developer King, known for Candy Crush, as well as at Flaregames.
- He is the immediate Former Chief Product and Technology Officer at Capital.com
Friday, 17/10/2025 | 18:10 GMT by
Jared Kirui
Bank Of England Calms Crypto Market Fears, Says Stablecoin Limits Are “Temporary”
- Deputy Governor Sarah Breeden stressed that central bank-backed money will remain key to wholesale payments and asset settlements.
- However, industry groups criticized the proposed thresholds, arguing they could signal that the UK is unfriendly to crypto businesses.
Thursday, 16/10/2025 | 20:07 GMT by
Jared Kirui
Ripple Makes $1B Bet on Corporate Treasury Payments With GTreasury Acquisition Deal
- The blockchain firm plans to combine its blockchain settlement network with GTreasury’s corporate treasury platform.
- It follows Ripple’s recent acquisition of a stablecoin-focused payments platform for $200 million.
Thursday, 16/10/2025 | 17:00 GMT by
Jared Kirui
Webull Adds Corporate Bond Trading to Expand Fixed-Income Offerings
- The new feature allows investors to buy and sell individual corporate bonds through Webull’s mobile and desktop platforms.
- It is a diversification by the online broker beyond equities, ETFs, and options.
Thursday, 16/10/2025 | 14:30 GMT by
Jared Kirui
Ripple Secures First Major Crypto Custody Partnership in South Africa with Absa Bank
- The partnership enables Absa’s customers to store crypto and tokenized assets using Ripple’s custody technology.
- Ripple’s technology aims to help African banks offer compliant blockchain-based services with security standards.
Wednesday, 15/10/2025 | 20:14 GMT by
Jared Kirui
OANDA Japan Cautions Traders Over Surging Silver Volatility, May Temporarily Halt Trades
- The sharp price movements have reportedly caused spreads to widen, raising execution costs for traders.
- Margin requirements for precious metals CFDs, particularly XAG/USD, may reportedly be adjusted at short notice.
Wednesday, 15/10/2025 | 17:19 GMT by
Jared Kirui
Alpaca Announces Nasdaq Exchange Membership in Push for Complete Brokerage Infrastructure
- This development follows Alpaca’s recent regulatory approvals from the FICC and OCC, in addition to its existing clearing status with DTCC.
- The broker aims to reduce reliance on third-party intermediaries through direct exchange access and self-clearing operations.
Wednesday, 15/10/2025 | 15:19 GMT by
Jared Kirui
CME Expands Crypto Offering with Options on Solana and XRP Futures
- Cumberland DRW and Galaxy reportedly executed the first Solana options trade on the marketplace.
- The addition aims to give institutional traders more tools for risk management and strategy diversification.
Tuesday, 14/10/2025 | 20:11 GMT by
Jared Kirui
Kenya's Legislators Pass Crypto Bill to Boost Investments and Oversight
- The legislation designates the Central Bank of Kenya as the licensing authority for stablecoins.
- Legal clarity from the bill is expected to attract investments from global crypto exchanges like Binance and Coinbase.
Tuesday, 14/10/2025 | 17:20 GMT by
Jared Kirui
Think €250 Is a Small Test Investment? That’s How the Scam Starts, FSMA Warns
- Scammers are now using sponsored social media ads, fake news articles, and fabricated endorsements.
- Some bad actors request remote access to victims’ devices under the guise of offering help, exposing personal and banking details to theft.
Tuesday, 14/10/2025 | 13:56 GMT by
Jared Kirui
Visa and Mastercard to Pay Nearly $200M in Decade-Long Merchant Class Action
- The lawsuit was originally filed in 2016 and accused Visa and Mastercard of violating antitrust laws.
- As part of the settlement, Visa will reportedly pay $119.7 million while Mastercard will contribute $79.8 million.
Monday, 13/10/2025 | 20:00 GMT by
Jared Kirui
Europe Shuts Down 1,400+ Fake Trading Platforms in Crackdown on Scammers: Report
- Many of the fake brokers operated from overseas call centers, persuading users to transfer money.
- German investigators, together with BaFin, Europol, and Bulgarian authorities, led the operation.
Monday, 13/10/2025 | 18:25 GMT by
Jared Kirui
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