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ECB officials liken crypto regulation to providing new clothes for a ‘naked emperor’

February 22nd 2024

Senior payments experts at the European Central Bank have billed the SEC’s approval of spot exchange-traded funds (ETF) for bitcoin as an example of the ‘naked emperors new clothes’, legitimising a currency whose fair value as an asset is effectively zero.

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Roses are red, violets are blue, have you got a credit score above 702?

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Wealthify launches first savings account with ClearBank support

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Monzo reaches nine million customer milestone

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Klarna rolls out autofill consumer verification data service

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Virgin Money acquires abrdn’s stake in joint venture wealth platform

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Fordefi secures $10m investment for crypto wallet-as-a-service

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Fordefi raises $10m crypto wallet-as-a-service

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Kema raises $2m to help B2B SMEs with cash flow

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Ripple to acquire Standard Custody

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SME banking challenger Finom raises €50 million

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Sibli raises $4.5m for AI-powered investment research

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Fintech exodus continues as family finance app Nosso winds down

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Bank of America customers hit by data hack at Infosys McCamish Systems

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Kinnevek writes off investment in Monese

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SME banklng challenger Finom raises €50 million

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US fraud losses top $10bn in 2023

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GitHub CoPilot gives ANZ engineers productivity boost

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Visa boosts B2B digital wallet capabilities

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Moneyhub boards public sector open banking push

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Revolut combats roaming charges with ‘eSIM’

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