Six-hour briefing
Fintech Briefing:
What changed in fintech over the last 6 hours
Top Stories
- Western Union terminates Intermex acquisition following California regulatory impasse
Western Union ended its agreement to acquire International Money Express after reaching an impasse with state authorities. The California Department of Financial Protection and Innovation had granted conditional approval on the condition that the firms addressed consumer protection concerns.
- Payward expands xStocks framework with over 200 European tokenized equities
Kraken parent Payward placed more than 200 UK and European listed companies onchain as tokenized equities, expanding its xStocks framework beyond 1,500 assets. The assets mark the first group issued under a tokenization agreement with GTN and feature DAX 40 companies SAP, Siemens, and Allianz.