The Fintech Times

MAY 25, 2024

The crypto industry has completed another step towards mainstream acceptance as spot Ethereum exchange-traded-funds (ETFs) have been approved by the Securities and Exchange Commission (SEC). But how is this approval different to Bitcoin’s in January? On 23 May 2023, the SEC approved a spot Ethereum ETF meaning that, to begin with, certain investment firms could now offer an ETF of the cryptocurrency.

Bitcoin 70

Bitcoin Cryptocurrency On-Demand Risk 70

The Fintech Times

MAY 25, 2024

Wio Bank , the UAE-based platform bank built to serve tomorrow’s customers, achieved profitability in its first full year of operations, making it one of the fastest neobanks globally to achieve this milestone. Wio Bank revealed its financial results for the fiscal year 2023, reporting a revenue of AED266.4million and a net profit of AED2million, marking its first full year of operations with impressive profitability since its launch in September 2022.

Multi-Currency 62

Multi-Currency Compromise Economy Risk Management 62

The Fintech Times

MAY 25, 2024

Edinburgh-based data innovation organisation Smart Data Foundry is relaunching its synthetic data platform, ‘Aizle’, alongside a new stand-alone website to facilitate plans for future expansion and diversification. The relaunch follows a period of sustained growth for Smart Data Foundry, which has seen its client base and team expand in line with the growing demand for its services.

AI 62

AI Privacy Regulations Innovation 62