EMEA

JPMorgan Coin’s EU Push Comes Amid Looming Battle Between Stablecoins and Tokenized Deposits
JPMorgan Coin’s EU Push Comes Amid Looming Battle Between Stablecoins and Tokenized Deposits
June 26, 2023  |  Digital Payments

Stablecoins have been on the payments scene, so to speak, since 2014. The rise of the coins, which at their most basic level represent digital...

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Report: FTX Sues Investment Firm K5 Global to Claw Back $700 Million
Report: FTX Sues Investment Firm K5 Global to Claw Back $700 Million
June 23, 2023  |  Cryptocurrency

FTX has reportedly sued investment firm K5 Global and its co-founder Michael Kives. The move is part of the bankrupt company’s efforts to recover assets that former FTX...

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Bitcoin Price Surges as JPMorgan and Others Launch Crypto Projects
Bitcoin Price Surges as JPMorgan and Others Launch Crypto Projects
June 23, 2023  |  Cryptocurrency

Bitcoin reached its highest level since June 2022 on Friday (June 23). The cryptocurrency’s value went as high as $31,410 before edging lower later in the day,...

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H-E-B Joins Grocers Bringing Delivery In-House to Boost eCommerce Margins
H-E-B Joins Grocers Bringing Delivery In-House to Boost eCommerce Margins
June 23, 2023  |  Delivery

This week in grocery, H-E-B expands its direct delivery capabilities, Albertsons looks to win in retail media, and grocers in the United Kingdom see inflation three times larger than...

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JPMorgan Chase Launches Euro-Denominated Transactions With JPM Coin
JPMorgan Chase Launches Euro-Denominated Transactions With JPM Coin
June 23, 2023  |  Blockchain

J.P. Morgan Chase has launched euro-denominated transactions with its blockchain-based JPM Coin. This offering for corporate clients went live Wednesday (June 21), Bloomberg reported Friday (June 23). Reached by...

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Coronation Drives Unexpected Boost in UK Retail Sales Volumes
Coronation Drives Unexpected Boost in UK Retail Sales Volumes
June 23, 2023  |  Retail

The holiday celebrating the coronation of King Charles III contributed to an unexpected rise in British retail sales. The country’s retail sales volumes rose 0.3% in May,...

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Why Venture Capital May Not Be the Right Funding Choice For Most Early-Stage Startups
Why Venture Capital May Not Be the Right Funding Choice For Most Early-Stage Startups
June 23, 2023  |  Startups

Venture capital (VC) has long been viewed as the ultimate source of financing for startups, but according to Jay Wilson, investment director at U.K.-based investment firm...

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Amazon Faces Full-Scale EU Antitrust Probe Over iRobot Acquisition
Amazon Faces Full-Scale EU Antitrust Probe Over iRobot Acquisition
June 23, 2023  |  Amazon

Amazon is reportedly facing a full-scale EU antitrust investigation over its $1.7 billion acquisition of iRobot, the maker of the popular Roomba vacuum cleaner introduced in 2002. After...

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Robinhood Acquires FinTech Firm X1 to Offer No-Fee Credit Card
Robinhood Acquires FinTech Firm X1 to Offer No-Fee Credit Card
June 22, 2023  |  Acquisitions

Robinhood Markets announced on Thursday (June 22) the acquisition of San Francisco-based FinTech firm X1, which offers users a no-fee income-based credit card with rewards...

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