Jack Ma Cedes Control of Fintech Giant Ant Group

[ad_1] The Chinese billionaire entrepreneur is taking a step further away from the business empire he created decades ago. [ad_2] Source link

Coinbase settles with New York state financial regulator for $100 million, stock spikes

[ad_1] Coinbase signage in New York’s Times Square during the company’s initial public offering on the Nasdaq on April 14, 2021. Robert Nickelsberg | Getty Images Coinbase settled a case…

New York AG accuses Celsius ex-CEO Alex Mashinsky of defrauding hundreds of thousands of crypto investors in $20 billion collapse

[ad_1] Alex Mashinsky, founder and chief executive officer of Celcius Network Ltd., during a panel session at the Blockchain Week Summit in Paris, France, April 13, 2022. Benjamin Girette |…

Crypto lender Genesis Trading lays off 30% of workforce

[ad_1] Barry Silbert, Founder and CEO, Digital Currency Group David A. Grogan | CNBC Genesis Trading, the embattled crypto lending arm of Barry Silbert’s Digital Currency Group, has cut headcount…

Crypto exchange Huobi to reportedly lay off 20% of staff as industry reels from FTX collapse

[ad_1] The Huobi crypto exchange logo displayed on a smartphone. Nikolas Kokovlis | Nurphoto via Getty Images Digital currency exchange Huobi on Friday reportedly said it plans to reduce its…

Fintech Stocks Did Worse Than Fin or Tech in 2022

[ad_1] A vulnerability to higher interest rates and a reckoning over growth-at-all-costs playbooks contributed to many fintech firms’ fall from grace. [ad_2] Source link

China Securities Regulator Cracks Down on Online Brokerages Futu and Up Fintech

[ad_1] China’s securities regulator said two Nasdaq-listed online brokers have allowed customers on the mainland to make cross-border trades. [ad_2] Source link

Inside Qonto’s quest to lead Europe’s fintech race

[ad_1] The French fintech start-up Qonto began with humble beginnings in 2016 with the aim of making banking easier for freelancers and Small and Medium-sized Enterprises (SMEs). In five short…