Tag: finance | BizAndTech Newswire

finance

Polkadot Aims to Unlock DeFi Potential With Native pUSD Stablecoin
The Polkadot community is moving toward launching a native stablecoin, pUSD, backed entirely by its DOT token. The proposal calls for deploying the DOT-collateralized stablecoin on the Polkadot Ass...

Response to Government consultation on future of payment systems regulation
Responding to today’s launch of the consultation on future payment systems regulation, David Geale – FCA, Executive Director, Payments and Digital Finance and Payment Systems Regulator (PSR) Manag...

FCA closes Wellesley & Co Limited investigation
We have decided to take no further action against Wellesley & Co Limited (WCL) after our investigation found no evidence of serious misconduct. We announced the investigation into WCL in 2022 followin...

Ripple’s RLUSD Stablecoin Launches on Bybit Exchange
Ripple has taken another step into mainstream markets. The company’s USD-pegged stablecoin, RLUSD, is now live on Bybit, one of the world’s top crypto exchanges. The listing expands RLUSD’s reac...

SWIFT Partners with Linea to Build Stablecoin and On-Chain Messaging System
SWIFT, the backbone of global banking communications, is moving closer to blockchain. The network is now working with Linea, an Ethereum Layer 2 developed by Consensys, to test migrating its payment ...

FCA launches £1 million campaign to raise awareness of motor finance compensation scheme
The FCA is launching a £1 million campaign, letting motor finance customers know they don’t need to use a claims management company (CMC) or law firm to access an industry-wide compensation scheme ...

Bitcoin miner TeraWulf seeks $3 billion in debt to finance new data center capacity
Google has taken a stake in TeraWulf, along with rival mining firm Cipher, as it backstops the firms' debt obligations. ...

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finance

March