TFU | May 13-19

The SEC delayed its decision on Bitwise’s proposed bitcoin ETF again; Paytm is working with Citi to launch its first physical card in India; Investec shut down its robo-advisory business; the ECB produced a white paper exploring the risk to the EU posed by crypto assets; British MPs called for shared bank hubs; Coinbase expanded global access to the USD Coin stablecoin; and crypto trading platform eToro is expanding to the U.S.

TFU | May 6-12

The Senate Banking Committee is seeking details from Facebook about its reported stablecoin project; the Binance crypto exchange was hacked, causing a loss of about $40M; Nordea launched its IBM-built we.trade blockchain platform; Facebook is ramping up its Whatsapp-based mobile payments plans, centering its efforts in London; the HKMA approved four new virtual banking licenses; and SoFi launched two new ETFs.

TFU | Apr. 29 – May 5

A federal judge ruled that the DFS can move forward with its lawsuit against the OCC’s proposed fintech charter; the CFTC believes that more companies will apply to become clearinghouses due to growing interest in cryptocurrencies; IBM partnered with Thomson Reuters on a AI-backed regtech product; Facebook is working with large financial institutions to support its reportedly forthcoming stablecoin; and the Boston Fed produced a whitepaper on creating “supervisory nodes” on a blockchain.