Daily brief
May 13, 2025
4 stories curated for this day.
- Cryptocurrency exchange Gemini has secured a MiFID (Markets in Financial Instruments Directive) license. Sources: thepaypers (opens in a new tab)
- Monzo is reportedly preparing for a potential initial public offering (IPO), with some reports suggesting a valuation could reach GBP 6 billion. Sources: finextra (opens in a new tab) , thepaypers (opens in a new tab)
- Raiffeisen Bank International agreed to roll out Wise Platform's cross-border payment infrastructure for personal and business customers across its network of 11 Central and Eastern European markets, with access from existing Raiffeisen accounts. Sources: thepaypers (opens in a new tab) , finextra (opens in a new tab)
- Dubai Finance and Crypto.com agreed to add cryptocurrency payment for government fees once technical activation is complete; Crypto.com will convert payments to AED before remitting them. Sources: thepaypers (opens in a new tab)