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630 Results from /wholesale, 2019

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HSBC tops up OpenFin Series C with $5 million investment

HSBC has joined a Series C financing round in OpenFin, bringing the total amount raised by the desktop OS operator to $22 million and total funding to date to $45 million.

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EC expert group issues call to action on fintech regulation

A European Commission (EC) Expert Group has called on regulators to respond to the changing nature of fintech by adapting the rule book and legal frameworks to encourage innovation and dampen emerging risks.

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Fidelity to launch digital assets business in Europe

Fidelity is to offer European institutional investors access to its platform for securing, trading and supporting digital assets, such as bitcoin.

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State Street and Gemini combine on digital asset reporting

State Street is conducting a trial on measures to enable investors to consolidate reporting of digital assets held in custody by cryptoexchange Gemini, alongside traditional holdings serviced by the Boston-based bank.

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ECB tackles anonymity and AML compliance in digital currency issuance

New research from the European Central Bank shows that it is possible to build a simplified payment system for central bank digital currencies, while safeguarding users’ privacy for low-value transactions and ensuring that higher-value transfers are subject to anti-money laundering checks.

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Saxo Bank targets Chinese market through tech joint venture

Saxo Bank has formed a 50/50 joint venture with Chinese automotive group Geely Holdings to provide a suite of financial technology services to banks and fintechs in China.

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Swedish central bank taps Accenture for e-krona pilot

Sweden's central bank is set to sign a deal with Accenture to develop a digital currency, dubbed the e-krona, in a test environment.

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Central banks consult on crypto-asset oversight

The Basel Committee on Banking Supervision is calling for feedback on the prudential regulatory treatment of crypto-assets.

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Goldman Sachs enlists startup for quantum computing push

Wall Street giant Goldman Sachs is teaming up with Silicon Valley startup QC Ware to investigate the use of quantum algorithms in finance.

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Cboe agrees EUR45 million deal to acquire EuroCCP

Cboe Global Markets has entered into a definitive agreement to acquire pan-European equities clearing house EuroCCP.

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Fintech OS to expand to US and Asia on £10.7 million fund raise

Fintech OS, a provider of open source, pre-built apps for digital banking operations, has secured $10.7 million of Series A investment.

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Token spins off digital money unit

Open banking platform provider, Token.io, has announced the formation of M10 Networks, a new spin out company focused on developing digital money solutions.