TFU | Aug. 19-25

Libra is facing scrutiny from European antitrust regulators; N26 launched in the U.S. market; Mark Carney suggested potentially replacing USD with crypto as the world’s reserve currency; Apple launched its credit card to U.S. consumers; Mastercard experienced a data breach affecting mostly German customers; and Tala raised $110M in Series D funding.

TFU | July 15-21

U.S. lawmakers voiced their concerns regarding Facebook’s Libra rollout; Australian digital bank 86 400 was granted a banking license; The FCA announced its partnership with the Alan Turing Institute to explore the use of AI in the financial sector; N26 raised an additional $170M; and Jamie Dimon said he does not expect Libra to have a short-term impact on JP Morgan.

TFU | Jan. 7-13

Bitwise filed with the SEC to create a bitcoin ETF; the EBA called on the EU to review its current regulatory stance on crypto assets and consider promulgating new rules; Google was granted an EU payments license; N26 raised $300M, giving it a $2.7B valuation; two prominent UK fintechs are setting up new EU offices ahead of Brexit; China established new anti-anonymity regulations for blockchain firms; and MUFG launched a $185M VC fund focused on fintech.