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Following an action against SoFi for allegedly lying in its advertisements about how much borrowers can save by refinancing their student loans with the online lender, the Federal Trade Commission also warns other lenders not to engage in similar activity. On Monday, the FTC accused SoFi of using its TV, print and online ads to …

In today’s edition of The Daily, we take a look at a strategic investment that could help Binance establish a fiat-to-crypto exchange in Singapore. We’re also focusing on a new service that the digital payment platform Uphold is launching to lend funds to its customers, as well as a cryptocurrency-backed prepaid card coming to the …