Fintech news: August 15, 2026
August 20, 2026 · Mateusz Rzetecki · 1 min
A short round-up of what happened at the fintechs we track. Each item links to the outlet that reported it.
SEC delay hits tokenization stocks
Coinbase, Bullish, and Circle shares fell after a regulatory setback related to tokenization, according to CoinDesk.
Source: coindesk.com · also covered by: semafor.com, ccn.com, financemagnates.com
Binance blocks transactions with HTX and others
Binance said it will stop processing transactions with HTX and 10 other crypto exchanges, citing compliance with EU sanctions against Russia.
Source: theblock.co · also covered by: coinbureau.com, cryptonews.net, cryptorank.io
CySEC warns against unlicensed investment sites
Cyprus's securities regulator issued a warning about 10 websites offering investment services without authorisation in the country.
Source: Finance Magnates
Kraken parent reports earnings plunge
Payward Inc., which operates Kraken, posted a sharp drop in second-quarter earnings as the cryptocurrency industry faced a trading downturn.
Source: bloomberg.com · also covered by: finance.yahoo.com, beincrypto.com, fxnewsgroup.com
Gemini posts $108 million loss
Gemini reported a significant loss as it expanded beyond crypto trading, though its prediction market volume nearly doubled according to The Block.
Source: theblock.co · also covered by: cryptoslate.com, ccn.com, finance.yahoo.com
XTB explores internalizer model
Broker XTB is examining systematic-internalizer arrangements for stock and ETF execution as a way to reduce trading costs.
Source: Finance Magnates
Revolut digital assets CEO departs
Costas Michael stepped down as founding CEO of Revolut Digital Assets Europe, a role he held since 2022.
Source: fintechfutures.com · also covered by: fintechmagazine.com, siliconrepublic.com, gfmag.com
PayPal in sale talks with Stripe, Advent
Stripe and private-equity firm Advent made an offer to acquire PayPal in July, according to the Wall Street Journal.
Source: wsj.com · also covered by: techcrunch.com, theglobeandmail.com, yellow.com
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