WhiteBIT expands fiat access with USD SWIFT on/off-ramp. October 27, 2026 10:40 ET | Source: Whitebit ZUG, Switzerland, Oct. 27, 2026 (GLOBE NEWSWIRE) - WhiteBIT, a global cryptocurrency exchange, has partnered with BCB Group, a regulated provider of crypto-native banking infrastructure, to launch USD deposits and withdrawals via the SWIFT network for KYB-verified corporate clients. The new rail gives businesses a two-way institutional USD on/off-ramp with no preset transfer limits and a flat, published fee. Corporate clients can now move capital in both directions between crypto and fiat using USD - the primary global settlement currency - through SWIFT, the global standard for cross-border banking. By bridging digital assets with traditional financial rails, the solution is designed to support institutional-grade treasury operations and global liquidity management. "Reliable access to USD liquidity is a cornerstone of institutional crypto adoption," said Volodymyr Nosov, Founder and President of W Group, which WhiteBIT is a part of. "By offering SWIFT-based USD transfers, we're providing businesses with a globally recognised settlement rail to manage liquidity more efficiently and scale across markets." Why This Matters for Businesses The US dollar accounted for roughly half of all SWIFT payments by value in mid-2026, and its share rises to around three quarters of international payments once transfers within the Eurozone are excluded. For any business settling across borders, USD rails remain critical infrastructure. For companies managing crypto inflows, the challenge is not just receiving funds but converting and settling them into fiat without friction - and being able to send USD back out just as easily. The newly introduced USD rail is built for businesses that require predictable, scalable and globally compatible settlement flows. It supports companies converting crypto revenue into USD, managing treasury across multiple currencies, handling cross-border settlements, and integrating crypto into traditional financial operations. In practice, this means fewer constraints on how capital moves, and more control over how funds are converted, allocated and settled across markets. Transparent, Predictable Pricing USD SWIFT deposits and withdrawals carry a flat fee of 54 USD per transaction, published up front rather than quoted on request. Converting between fiat and crypto is charged at a base rate of 0.1%, with individual terms available for high-volume clients. There are no preset caps on deposit or withdrawal amounts. Transfer capacity is determined individually through Source of Funds verification, so limits scale with the client rather than against them. Powered by BCB Group The solution is powered by BCB Group, a regulated provider of crypto-native banking infrastructure, ensuring that USD settlement is handled within a secure and compliant environment. The launch expands access to global USD liquidity, strengthens compatibility with traditional banking systems, and enhances how businesses manage capital across crypto and fiat environments. About WhiteBIT WhiteBIT is a leading global crypto exchange by user traffic, offering over 1020 trading pairs, 360+ assets, and supporting 8 fiat currencies. With a strong focus on regulatory compliance, WhiteBIT serves 10 million users across six continents and more than 150 countries. Founded in 2018, the platform is a part of W Group which has more than 40 million customers globally. WhiteBIT collaborates with Visa, FACEIT, FC Barcelona, Juventus FC, and the Ukrainian national football team. The company is dedicated to driving the widespread adoption of blockchain technology worldwide. About BCB Group BCB Group is a leading provider of regulated payment, wallet and trading services in crypto and fiat for the digital asset economy. Its clients include the world's largest crypto exchanges, liquidity providers, market makers and payment processors. Supporting more than 40 fiat and cryptocurrencies with 24/7 instant settlement through BLINC, and authorised in the UK, France and Switzerland, BCB delivers trusted infrastructure for global payments.

Fintech Awards London 2026 names top innovators as market resilience drives scaling across capital. The winners of the Fintech Awards London 2026 have been officially revealed following an industry gathering in the capital, celebrating the companies and individuals driving the UK financial technology ecosystem forward. Drawn from a comprehensive cross-section of the market, this year's list of winners underscores a broader sector shift toward clear profitability, enterprise software scaling, and production-ready artificial intelligence deployments. SME lending specialist Iwoca secured the flagship Fintech Company of the Year title, demonstrating the growing commercial scale of alternative corporate finance in the UK market. The company, which has deployed billions in funding to small firms, edged out a competitive field, with neobank Zopa Bank picking up the Highly Commended recognition. The corporate lending sector continued its strong showing into the Fintech Scale-Up of the Year category, where Creditspring claimed the top spot for its consumer credit platform, followed by Iwoca which received a Highly Commended nod. In the individual categories, Clearscore chief Justin Basini won Fintech Leader of the Year for steering the consumer credit platform through significant user acquisition and open banking integration milestones. In the same category, Killian O'Rawe of Reward received the Highly Commended distinction. The Outstanding Contribution to Fintech award was presented to Nik Storonsky, co-founder and chief executive officer of Revolut, acknowledging his decade-long influence on digital banking infrastructure, international expansion, and global tech valuation benchmarks. The integration of advanced automated systems across financial workflows formed a central theme among the evening's technical categories. Tunic Pay claimed the award for Best Use of AI in Fintech for its multi-agent adaptive workflow designed to tackle fraud prevention at the point of payment. The firm secured a double victory, also walking away with the Fintech Start-Up of the Year award, illustrating its rapid execution and market traction over the past twelve months. Technical infrastructure and regulatory automation fields saw substantial validation. FinregE Limited took home the RegTech Company of the Year trophy for its automated regulatory compliance and policy mapping software. In the Digital Asset Award category, institutional payments bridge BCB Group won the premier prize for its fiat-to-crypto transaction infrastructure, while asset tokenisation specialist Ctrl Alt secured Highly Commended honors. Consumer-facing platforms and specialized service providers also took home high-profile accolades. Growthinvest won the WealthTech Company of the Year category, while GoCardless Ltd clinched the PayTech Company of the Year award for its expanding bank-to-bank electronic payment rails. In the specialist product and marketing fields, Clearscore won Fintech New Product of the Year, and digital lender Zilch won Best Marketing Campaign for its consumer acquisition strategy alongside picking up the Best Place to Work accolade. The corporate support ecosystem that fosters early-stage growth and delivery was similarly highlighted. Chatsworth took the Best Advisory Firm of the Year award for its communication campaigns across the sector, while accounting and advisory firm MHA Baker Tilly was named Highly Commended. In the ecosystem builder categories, TSB Bank Plc won Best Accelerator / Incubator of the Year for its innovation lab program. The mortgage underwriting automation partnership between Mqube and Nottingham Building Society won Best Fintech Collaboration of the Year, with TSB Bank Plc receiving the Highly Commended distinction for its anti-fraud joint ventures. The evening concluded with a focus on social impact and talent pipeline development. Lightening Reach won the Fintech for Good of the Year award for its financial resilience platform that helps vulnerable individuals access support, and Juice Ventures Limited picked up the Rising Fintech Star award.