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GC Exchange FZE (GCEX), part of the GCEX Group, has been granted an Operational VASP Licence for VA Broker Dealer services from Dubai's Virtual Asset Regulatory Authority (VARA).
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The wealthtech sector in Asia-Pacific could be worth more than $2trn by 2027 thanks to technological advancements, according to a report published by McKinsey.
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North American banks consider technology to be the biggest trend impacting their industry – and are focusing their investment strategy accordingly, finds an Economist Impact study, commissioned by Temenos, which surveyed bank executives in North America.
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The European Commission has opened access to EU supercomputers to bolster AI development and push AI initiatives.
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• Octopus Apollo VCT has announced an offer for up to £50 million (£35 million + £15 million overallotment).• The VCT has total net assets of £386 million and a portfolio of around 45 companies.• Apollo invests in small and medium sized B2B software businesses. These aren't traditional start-ups, with investees usually posting revenues of £2 million to £8 million a year.• Over the five years to September 2023, the VCT has delivered a NAV total return of 50.6%• The VCT targets a dividend of 5% of NAV
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