eToro and Alpaca Get SEC Staff Relief for Brokerage Accounts That Hold No Cash
eToro USA Securities and Alpaca Securities won no-action relief from US Securities and Exchange Commission (SEC) staff this week for accounts that hold no customer cash. The money sits at a bank or a...
View ArticleCoinbase, Kalshi and Kraken Race to Bring Stock Perpetuals to US Traders
Three crypto-focused financial groups have begun regulatory processes to offer single-stock perpetual futures in the United States, seeking to create a no-expiry alternative to the conventional stock...
View ArticleYahoo Finance Removes Polymarket Data Hub but Keeps Advertising Relationship
Yahoo Finance ended its exclusive prediction-data partnership with Polymarket in April and removed the dedicated hub built around the platform’s market probabilities, Bloomberg reported.London's...
View ArticlePayment Rails Are Connecting Across Borders, but Compliance Is Getting Harder
In November 2025, Brazil's central bank published a new licensing framework for anyone offering virtual-asset services connected to payments in its market. The rules took effect on February 2, 2026,...
View ArticleUnlimit Rebrands Business Accounts as Stable.com, Begins Client Migration
Unlimit has rebranded its business accounts operation as Stable.com, moving European clients to a new platform that will combine its existing account and payment products with planned digital asset...
View ArticleRevolut Reconsiders London Listing after Storonsky Said LSE “Can’t Compete”
Revolut is exploring a dual listing on the Nasdaq and London Stock Exchange, despite CEO Nik Storonsky’s earlier criticism of the UK market’s lower liquidity and tax on share purchases.London's trading...
View ArticleApex, FusionIQ Link Clearing and Digital Wealth Tools for Banks and RIAs
Apex Fintech Solutions and FusionIQ are linking Apex’s clearing and custody infrastructure with FusionIQ’s digital wealth tools for financial institutions launching or expanding investment...
View ArticleRevolut Hires Crypto.com Sales Head to Build Its Institutional Crypto Business
Revolut has appointed Nilesh Khatwani as Global Head of Institutional Sales, Crypto, hiring an executive with extensive institutional crypto sales experience.London's trading industry is coming...
View ArticleAnthropic Targets Financial Services, as AI Turf War Hits Wall Street
Just days after OpenAI configured ChatGPT for investment bankers, Anthropic responded on Monday with a targeted suite of AI tools built specifically for wealth managers.London's trading industry is...
View ArticleRevolut Breach Shows How KYC Data Became a Honeypot for Scammers
Financial institutions ask customers for passports, facial images, addresses and information about their money to meet regulatory requirements. Stored together, however, the same records can become a...
View ArticleAMC Chief Asks Robinhood Whether Its Stock Tokens Are Fully Backed
AMC Entertainment chief executive Adam Aron asked Robinhood yesterday (Saturday) whether the shares backing its AMC stock tokens are still there once some are lent to short sellers. He put the question...
View ArticleKraken's xStocks Backing Assets Top $800 Million as Holders Pass 300,000
xStocks has surpassed $800 million in assets backing its tokenised stocks and ETFs, while the number of unique holders has exceeded 300,000, according to figures released by the company.London's...
View ArticleRobinhood Crypto Volumes Jump 61%, but Remain 38% Below Last Year
Cryptocurrency trading volumes across Robinhood and Bitstamp increased 61% month over month to $17.5 billion in August, although activity remained 38% below the previous year’s level.London's trading...
View ArticleEvent Contract Marketing in Europe May Require EU Authorisation, ESMA Says
Platforms marketing or selling event contracts in Europe may need authorisation under financial, crypto-asset or national gambling rules, ESMA said.London's trading industry is coming home!In the...
View ArticleOpenAI Builds Finance-Focused ChatGPT for Banks and Analysts
OpenAI has launched a finance-focused version of ChatGPT for analysts, bankers and other institutional users. The tool combines the model with market data, company filings and source-backed research...
View ArticleThe CFTC Says 'Gaming' Is Undefined: What Actually Separates a Prediction...
The words that let the CFTC bar an event contract from a federal exchange are "gaming" and "involve." On 20 August, Chairman Michael S. Selig told the agency's new Innovation Advisory Committee that...
View ArticleAn eToro Alumnus Wants AI to Fold Every Rulebook into One Obligation
Anver Yoffe has stepped down as Head of Regtech and Market Surveillance at eToro, moved to a new flat, acquired a dog and set about building an AI startup in an unglamorous corner of finance:...
View ArticleRevolut Offers Staff £1,000 Bonuses in FTSE 250 Banking Push
Revolut plans to pitch business banking services to FTSE 250 companies, the Financial Times reported today (Wednesday). It is going after corporate clients of Britain's largest banks.Employees receive...
View ArticleVisa Settlement Data Backs $2.5 Billion Credit Model for Stablecoin Cards
Visa said more than 160 stablecoin-linked card programmes were live on its network in the fiscal second quarter, with payment volume up nearly 200% year over year. Stablecoin-linked card programmes are...
View ArticleRobinhood Takes Stakes in Crypto.com and OG to Expand Prediction Markets
Robinhood is adding Crypto.com’s prediction-market contracts to its app and taking minority stakes in both Crypto.com and OG, the exchange’s prediction-markets business. The companies agreed to a...
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