Category: Digital Financial Services

Supply chain cyber attack hits UBS and Swiss banks

Supply Chain Cyber Attack Hits UBS and Swiss Banks In a recent and alarming development, UBS, one of the world’s largest and most prestigious financial institutions, has fallen victim to a supply chain cyber attack. This attack has not only targeted UBS but has also affected several Swiss banks, sending shockwaves through the financial sector […]

JPMorgan moves deeper into crypto with new JPMD trademark

JPMorgan Pushing Further into Blockchain with JPMD Trademark and Kinexys Developments In a surprising turn of events, JPMorgan, despite CEO Jamie Dimon’s well-known skepticism towards cryptocurrencies, is making bold strides into the world of blockchain technology. The banking giant recently made headlines with the announcement of its new JPMD trademark and Kinexys developments, signaling a […]

Hacktivists target Iran’s Bank Sepah in major cyberattack

Hacktivists Strike Bank Sepah in Major Cyberattack In a recent turn of events, Bank Sepah, along with several other military-linked banks, has fallen victim to a significant cyber disruption orchestrated by hacktivists. This attack has raised concerns not only about the vulnerability of financial institutions to cyber threats but also about the motives driving such […]

National Bank of Ukraine could hold Bitcoin

National Bank of Ukraine Considers Holding Bitcoin to Strengthen Economy The world of finance and technology is constantly evolving, and Ukraine is taking a groundbreaking step towards economic stability by considering the possibility of holding Bitcoin in its reserves. A new bill has been proposed in Ukraine, aiming to integrate cryptocurrencies like Bitcoin alongside traditional […]

Senate edges closer to GENIUS Act

Senate Nears Final Approval of GENIUS Act The United States Senate is on the brink of a significant legislative milestone with the potential final approval of the bipartisan-backed GENIUS Act. This legislation, aimed at regulating stablecoins, has been making waves in the financial and technological sectors as it moves closer to becoming law. If all […]

Self-custody wins support from former SEC official

Self-Custody: The Secure Path to Protecting Crypto Assets Self-custody, the practice of individuals storing their own cryptocurrency assets without the need for an intermediary like an exchange, is gaining traction as a secure and reliable method of safeguarding digital wealth. This approach has recently received a vote of confidence from a former SEC official, highlighting […]

Switzerland to begin crypto data sharing in 2026

Switzerland to Begin Crypto Data Sharing in 2026 Switzerland, known for its strong privacy laws and banking sector, is set to enter a new era of transparency in the world of cryptocurrency. By 2026, the Swiss government plans to implement a system for sharing crypto asset information with partner countries. However, there’s a catch – […]

Nvidia and FCA open AI sandbox for UK fintechs

Nvidia and FCA Open AI Sandbox for UK Fintechs Nvidia and the Financial Conduct Authority (FCA) have joined forces to launch an exciting initiative that could revolutionize the landscape of financial technology in the UK. The AI sandbox, established by these two industry giants, offers a secure environment for fintech firms to harness the immense […]

UK cracks down on rogue influencers

UK Takes Strong Action Against Misleading Influencers In recent times, the influence of social media personalities, or influencers, has skyrocketed. With millions of followers hanging onto their every word and recommendation, influencers have become powerful marketing tools for brands looking to reach new audiences. However, with great power comes great responsibility, and some influencers have […]

Romania embraces Bitcoin ATMs in postal branches

Romania’s Post Offices to Introduce Bitcoin ATMs: A Game-Changer in the Financial Landscape In a groundbreaking move that signals a shift in the traditional financial landscape, post offices in five Romanian cities are set to introduce Bitcoin ATMs through a strategic partnership with Bitcoin Romania. This initiative marks a significant step towards mainstream adoption of […]

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