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China Roundup: Ant Financials new boss and Tencents army of new apps
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to...
Just because its legal, it doesnt mean its right
Polina Arsentyeva Contributor Share on Twitter Polina Arsentyeva, a former...
Curve, the over-the-top banking platform, launches Curve Send for P2P payments in 25 currencies
Curve, the so-called “over-the-top” banking platform that lets you consolidate all of your bank cards into a single Curve card and app,...
The FDIC’s Recent Brokered Deposit Rulemaking Might Provide Relief to the Prepaid Industry
By Judie Rinearson and John ReVeal
On December 12, 2019, the Federal Deposit Insurance Corporation (“FDIC”) released a Notice of Proposed Rulemaking (“NPR”) to...
UK JURISDICTION TASKFORCE STATEMENT ON CRYPTO ASSETS AND SMART CONTRACTS – A “WATERSHED MOMENT”
By Judith Rinearson and Philip Morgan
On November 18, 2019, Geoffrey Vos, Chancellor of the UK High Court, announced the launch of a “Legal...
Protocol-backed investment accounts are a paradigm shift
Blockchain’s version of retail investment accounts can improve yields, remove the middleman, and enable public services.
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Payment startup Chipper Cash raises $6M for Southern Africa expansion
African cross-border fintech startup Chipper Cash has raised a $6 million seed round led by Deciens Capital. The San Francisco-based company offers mobile-based,...
To List or Not to List? NYDFS Seeks Comment on Proposed Rules Authorizing Bitlicensees to Self-Certify Cryptocurrency Listings
Daniel S. Cohen and Jeremy M. McLaughlin On December 11, 2019, the New York Department of Financial Services (“NYDFS”) published...
Albo raises $19M Series A to scale Mexicos largest neobank
Another startup hoping to capitalize on the fintech opportunity in Mexico has closed on a new sum of funding. Mexican challenger bank Albo...
Canright Comment on FedNow Realtime Payments Proposal
The Board of Governors of the Federal Reserve System sought comment on the proposal “to develop a new interbank 24x7x365 real-time gross...
Atom Finances free Bloomberg Terminal rival raises $12M
If you want to win on Wall Street, Yahoo Finance is insufficient but Bloomberg Terminal costs a whopping $24,000 per year. That’s why...
US Consumer Financial Protection Bureau Seeking Comments on Proposed Remittance Rule Revisions
Jeremy M. McLaughlin and Daniel S. Cohen
On December 3, the United States Consumer Financial Protection Bureau (“CFPB”) published a notice of proposed rulemaking...
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