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2021 Fintech Deals Off to a Fiery Start: Report

Investors are throwing some serious money behind fintechs in early 2021 as the first two weeks of the year already featured 10 recorded deals, each totaling at least $100 million, according to an analysis from PitchBook Data.

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Biden Taps Former Head of CFTC Gary Gensler to Lead SEC

U.S. President-elect Joe Biden has nominated Gary Gensler to be chairman of the Securities and Exchange Commission. So reports Bitcoin News.

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OCC Grants National Trust Charter to Anchorage in Historic Move

Crypto custodian Anchorage secured “conditional approval” to receive a national trust charter, and as such, will become the first national “digital asset bank” in America. So reports Coindesk.

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Europe’s New Top Unicorn Valued at $15B on Back of Fresh Cash

Checkout.com, an online payments firm based in London, has become Europe’s top fintech unicorn after raising $450 million from an investment round led by Tiger Global Management. So reports CNBC.

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Plaid-Visa Deal Called Off, Could Impact Future Fintech M&A

Visa’s planned takeover of data-focused API fintech Plaid is off. So reports TechCrunch.

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Backed By Ribbit, Walmart’s New Fintech Enterprise Eyes Growth Through M&A

Retail giant Walmart is dipping its toe into the fintech game with the help of investment firm Ribbit Capital, according to a recent announcement from the big-box store. To that end, they will create a new company that is aiming to develop “modern, innovative and affordable financial solutions.”

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Beijing’s Continues Crusade Against Proliferating Fintech Expansion

The People’s Bank of China, the nation’s central banking institution, is pledging fiscal stability and aggressive enforcement in opposition to the “disorderly expansion of capital,” generally understood to equate to the activities of big tech. So reports the South China Morning Post.

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Mediterranean Hospital of Cyprus Turns to Blockchain to Certify COVID-19 Vaccines

The Mediterranean Hospital of Cyprus announced the use of E-HCert app, which is supported by the VeChainThor blockchain, to certify COVID-19 vaccines for 100 nurses and doctors. So reports Coindesk.

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Future FinTech to Soak Up At Least 60% of Outstanding Blocknance Shares

Future FinTech has signed a deal with Dominican Republic-based Blocknance Financial and shareholders in which the former will acquire 60% of the outstanding shares for a price of $960,000. So reports Seeking Alpha.

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SoFi Going Public Through Palihapitiya Shell Company

SoFi is plotting a merger via a special purpose acquisition company backed by Chamath Palihapitiya. So reports CNBC.

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