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Banco Santander said on Friday it agreed to pay 30 million euros ($33.54 million) for a majority stake in Spanish fintech company Mercury TFS that develops trade finance software for companies.

The next governor of the Bank of England, Andrew Bailey, said he was suspicious about Facebook's proposed global digital currency Libra because it was not clear whether it was fully backed by assets.

Facebook Inc will revamp its plans for digital currencies amid regulatory scrutiny, The Information reported on Tuesday.

Facebook Inc will scale back on its plans for Libra global digital currency and will not make it available on its own services for now amid regulatory scrutiny, The Information said on Tuesday.

Fintech startup Robinhood Markets Inc said on Tuesday its free stock trading app is up and running again after a second straight day of outages.

The U.S. Justice Department charged two Chinese nationals with laundering more than $100 million in cryptocurrency on behalf of North Korea, in court filings that detail Pyongyang's use of hackers to circumvent sanctions.

Jack Welch, who upended the business world in the 1980s and 1990s by transforming General Electric Co from a stolid maker of light bulbs and washing machines into the most valuable U.S. public company, has died at 84, GE said on Monday. (NTRN )

Banco Santander Brasil SA has reached an agreement to sell its financial startup Superdigital to a European subsidiary of Spain's Banco Santander SA for 270 million reais ($61.53 million), according to a filing on Friday.

Digital banking app Revolut has raised $500 million in a fresh funding round, confirming the British-based business as one of the world's most valuable financial technology firms with a valuation of $5.5 billion.

Global financial regulators risk falling behind on rapid innovation in the digital payments industry and need to work more quickly to devise rules for crypto-currencies or

Crypto analysts are split on whether bitcoin's rise this year is driven by unique factors or is just its latest bout of volatility. But many agree on one factor: an upcoming cut to the supply of bitcoin.

The world's biggest cryptocurrency asset manager said on Tuesday it was seeing efforts to shift bitcoin production to North America from China, which dominates digital coin mining.

Lending startupFigure Technologiesis hoping an animated character named Blockchain will give it a competitive edge against big banks that dominate the businesses it wants to disrupt.

Losses from cryptocurrency crime surged to $4.52 billion last year, as insider theft soared even as hacking losses declined, according to a report from blockchain forensics company CipherTrace seen by Reuters.

JPMorgan Chase & Co is in talks to merge its marquee blockchain unit Quorum with Brooklyn-based startup ConsenSys, according to people familiar with the plans.

A group of Japanese ruling party lawmakers urged the government on Friday to issue Japan's own digital currency to counter China's plan to create a digital yuan.

Technology trading start-ups may be permitted an exemption to raise capital using digital currencies or

The Federal Reserve is looking at a broad range of issues around digital payments and currencies, including policy, design and legal considerations around potentially issuing its own digital currency, Governor Lael Brainard said on Wednesday.

The Federal Reserve is looking at a broad range of issues around regulations and protections for digital payments and currencies, including the costs and potential benefits of issuing its own digital currency, Governor Lael Brainard said on Wednesday.

The University of Maastricht on Wednesday disclosed that it had paid hackers a ransom of 30 bitcoin -- at the time worth 200,000 euros ($220,000) -- to unblock its computer systems, including email and computers, after an attack that unfolded on Dec. 24.

Weaker crude oil and gas prices drove quarterly results sharply lower at Exxon Mobil Corp and Chevron Corp, pushing down shares at the two largest U.S. oil producers and signaling a weak start to the new year.

Google Shopping product leader Surojit Chatterjee is leaving Alphabet Inc for the chief product officer role at cryptocurrency exchange Coinbase Inc, the San Francisco-based startup announced on Wednesday.

Brazil's so-called unicorns, startups valued above $1 billion, are seen expanding in 2020 beyond the industries that have supplied them so far - large fintechs, delivery companies and mobility apps, executives said.

Argentinian fintech Mercado Pago, a unit of e-commerce company MercadoLibre , expects to launch its own credit and debit card acquiring business in 2020, its vice-president Tulio Oliveira said on Friday.

Poste Italiane is launching a new payment technology with the aim to win more clients among Italian small businesses, Marco Siracusano, head of digital payment unit PostePay said on Friday.

The German fintech Heidelpay is seeking acquisitions and eyeing an eventual initial public offering, its chief executive officer said.

A group of ruling party lawmakers are working on a proposal for Japan to issue its own digital currency, one of the members said, in a sign of alarm Tokyo is feeling about Facebook's Libra and China's drive to create a digital yuan.

Central banks are looking at creating their own digital currencies - a stark contrast to the ethos of cryptocurrencies that seek to subvert mainstream authority over money.

Britain's Vodafone Group PLC has left the entity that manages the Facebook Inc led effort to launch Libra, a global digital currency, Libra Association said on Tuesday.

The Bank of Japan said on Tuesday it and other central banks including the European Central Bank and Bank of England had formed a group to assess potential cases for central bank digital currencies (CBDCs) in their home jurisdictions.

Major central banks are looking at the case for issuing their own digital currencies, the Bank of England and European Central Bank said on Tuesday, amid a growing debate over the future of money and who controls it.

Major central banks are cooperating to look at potential cases for issuing their own digital currencies, the Bank of England and the European Central Bank said on Tuesday.

U.S. virtual currency firm Gemini Trust Company announced on Thursday that it has launched its own insurance unit to boost coverage against theft of crypto assets.

Payments startup Ebanx, one of Brazil's latest fintechs to achieve

Berlin-based online travel company Omio is launching operations in North America, joining other European mobility and fintech startups in seeking to scale up operations in the world's top travel and tourism market.

Visa Inc has agreed to buy privately held financial technology startup Plaid Inc in a $5.3 billion deal, the payments processor said on Monday.

Facebook's Libra project has failed in its current form and needs reworking to be approved, said the president of Switzerland where the cryptocurrency is seeking regulatory consent.

China will expand the scope of its blockchain cross-border financing pilot platform, a senior official at the country's foreign exchange regulator said on Tuesday.

China will expand the scope of its blockchain cross-border financing pilot platform, a senior official at the country's foreign exchange regulator said on Tuesday.

The 21st century's teen years, bookended by a financial crisis at the start and the fintech revolution at the end, were a decade of disruption. From negative borrowing costs to bitcoin, here are ten trends that have upended traditional economic and investment models in the past decade:

Greece will extradite a Russian man suspected of having laundered billions of dollars in the digital currency bitcoin to France, the justice minister decided on Friday, court officials said.

Facebook's Libra project has no solid strategy yet for how or where it will be introduced next year, a board member of the body overseeing the hotly-anticipated cryptocurrency told Reuters on Thursday.

Facebook's Libra project has no solid strategy yet for how or where it will be introduced next year, a board member of the body overseeing the hotly-anticipated cryptocurrency told Reuters on Thursday.

China's Ant Financial, a fintech affiliate of e-commerce giant Alibaba Group Holding Ltd , has quietly acquired a sizable stake in a Vietnamese e-wallet eMonkey, people familiar with the matter said.

If you're not a bitcoin enthusiast, you probably haven't heard what's happening next year: It's called the

U.S. Federal Reserve Governor Lael Brainard launched a broadside against Facebook's Libra digital currency project on Wednesday, saying it faces a

Lawyers representing users of the Canadian digital platform QuadrigaCX have asked police to exhume the body of its founder, whose sudden death last year trapped millions of dollars in digital currencies in its accounts, to make sure it's him.

A unit of ByteDance, the owner of video-sharing platform TikTok, has established a joint venture with a Chinese state media group to work on software development, artificial intelligence and blockchain technology, official registration documents showed.

Indian digital payments startup Paytm's parent has raised nearly $660 million from investors including Alibaba's Alipay, SoftBank's SVF Panther (Cayman) and funds managed by T Rowe Price among others, according to a filing.

The chief executive of Shopin was charged on Wednesday by the U.S. Securities and Exchange Commission with defrauding investors in a $42.5 million initial coin offering by falsely telling them that his blockchain startup had close ties to major retailers and a Silicon Valley entrepreneur.