Monzo’s £21 million fine from the Financial Conduct Authority (FCA) wasn’t just a penalty — it was a public statement. According to the BBC’s reporting and...
Ziglu, a UK-based crypto and digital banking platform once viewed as a rising challenger in the neobank space, has officially entered administration. As reported...
Circle and OKX have announced they will offer zero-fee conversions between USDC and U.S. dollars for verified institutional customers on OKX's platform. The move, reported by Cointelegraph, is being framed as a push toward...
Stitch, one of South Africa’s leading API-first fintech platforms, has announced the acquisition of Efficacy Payments, a local player in embedded payments infrastructure. As reported...
In one of the most comprehensive enforcement actions in its regulatory history, the Monetary Authority of Singapore (MAS) has imposed fines totaling SGD 27.45 million (approximately USD...
In the fast-evolving digital finance landscape, stablecoins have quietly become one of the most profitable instruments in the market. But what exactly makes them so...
Multiple banks in South Korea have filed for “won”-backed stablecoin trademarks, signaling growing interest in blockchain finance — but big questions remain around timing,...
Fintech Growth vs. Compliance – Where’s the Line?
Overview
The UK’s Financial Conduct Authority (FCA) has fined digital bank Monzo £21 million for serious anti-money laundering (AML) compliance failures that...
