Latest FinTech & Blockchain News
South Korea's Largest Fintech Toss Plans to Issue and Distribute Stablecoins
Toss announced ambitions to issue and distribute stablecoins at the 2026 Blockchain Meetup Conference in Seoul. Competitors like Coupang and Kakao are also involved in similar initiatives. This move signals growing stablecoin adoption in Asia's largest fintech player.
Trump Crypto Venture World Liberty Financial Offers 'Super Nodes' for $5M Investors
Investors locking $5 million in WLFI tokens for six months gain 'Super Nodes' status with preferential access to executives for partnerships. The proposal passed with 99% approval from token holders, though Trump family is excluded from direct access. Critics note it undercuts prior pledges to democratize finance.
Former JP Morgan Traders Launch Velotrade Crypto Prop Trading Platform
Velotrade, founded by ex-JP Morgan and Dresdner Kleinwort traders, offers funded crypto trading accounts up to $200,000 with profit splits and rules tailored for crypto volatility. Payouts start after 14 days in USDC/USDT, focusing solely on cryptocurrencies with up to 6x leverage. The firm emphasizes performance-based revenue over challenge fees.
Alibaba Leads $35M Funding Round in Singapore Fintech MetaComp
Alibaba has led a $35 million investment in Singapore-based MetaComp to expand Web2.5 payments solutions. This funding aims to bridge traditional and blockchain-based payment systems. The deal highlights growing interest in hybrid fintech models in Asia.
RedotPay Secures New Licenses in Argentina, Canada, and USA
Stablecoin payments fintech RedotPay obtained a VASP license in Argentina for crypto services, MSB registrations in Canada for e-wallets, and US FinCEN MSB for operations. These approvals support expansion to six million users across 100+ countries without serving US citizens directly. Partnerships for local fiat ramps are planned.
Rwanda Launches FinTech Centre for Scalable Digital Finance Solutions
Rwanda has launched a new FinTech Centre to foster innovative and scalable digital finance solutions. The initiative aims to boost financial inclusion through technology in Africa. It aligns with broader efforts to support fintech growth on the continent.
World Liberty Financial Proposal Creates Privileged Token Holder Tier
The staking proposal requires 180-day token locks for governance votes and Super Node perks, pivoting from initial mass-access promises. Trump-linked founders seek US banking license amid government ties. Access is to business teams, not specific founders.
Velotrade Introduces Crypto-Specific Prop Trading Rules
Unlike forex-adapted firms, Velotrade's rules avoid trailing drawdowns and news restrictions suited for 24/7 crypto markets. Full rules are transparently published for institutional clarity. Founders bring experience from $2.5B fintech disbursements.
RedotPay Advances Multi-Jurisdictional Regulatory Strategy
Headquartered in Hong Kong, RedotPay's licenses enable stablecoin app and card services globally. 2026 Canada plans include CAD e-wallets. Founded in 2023, it now serves millions.
Toss Stablecoin Push at Seoul Blockchain Conference
At the 2026 Blockchain Meetup, Toss outlined plans amid competition from Coupang and Kakao. This positions South Korea as a stablecoin hub. The announcement was made early today.
MetaComp Funding Signals Web2.5 Payments Expansion
The $35M from Alibaba will scale MetaComp's hybrid payment tech in Singapore. Web2.5 bridges Web2 and Web3 ecosystems. Announced early March 13.
Rwanda's FinTech Centre Targets Digital Finance Innovation
The centre focuses on scalable solutions to enhance Rwanda's fintech ecosystem. Part of Africa's push for digital finance. Launch reported today.