Standard Chartered today announced its highly anticipated digital asset custody service in the UAE. The groundbreaking offering has been granted a licence by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), a leading global financial hub, following the memorandum of understanding (MoU) signed in May 20231.

The Property (Digital Assets etc) Bill, introduced in Parliament today, will mean that for the first time in British history, digital holdings including cryptocurrency, non-fungible tokens such as digital art, and carbon credits can be considered as personal property under the law.

ComplyAdvantage, the leader in financial crime intelligence, today announced that it has named Paul Kizakevich as chief revenue officer (CRO).

Nium, the global leader in real-time cross-border payments, today announced two executive appointments that strengthen its leadership team and underscore the company's focus on driving efficient and responsible growth.

Cashmere, an AI-powered client acquisition platform for wealth management firms, has successfully completed a $3.6 million seed funding round. The investment will drive rapid product development and strategic hiring - including a newly-appointed Head of Machine Learning.

Northern Trust Corporation announced today a number of leadership changes, effective Oct. 1, 2024.

Huma, the first Payment Financing (PayFi) network, announced today that it has raised $38 million in funding. Distributed Global led the equity round, with significant participation from Hashkey Capital, Folius Ventures, the Stellar Development Foundation, and TIBAS Ventures, CVC arm of İşbank, the largest private bank in Turkiye. Part of this raise came as investments into high-yield real world assets (RWA) assets on platform.

Grasshopper, the client-first digital bank built for the business and innovation economy, today announced the addition of four key hires to its Digital Banking team: 

Tradu, the powerful multi-asset trading platform, has announced a strategic

Companies using Mastercard Business cards in Eastern Europe, the Middle East, and Africa (EEMEA) region are set to benefit from a new value-added service – a business subscription management tool powered by technology partner Nuclei. The innovative feature will help small businesses streamline processes and reduce costs.