Global
Global: Fed Increases Funds Rate to 2008 High
The United States central bank, Federal Reserve, approved a fourth-straight rate hike of three-quarters of a percentage point on Wednesday as part of ...
Global
Global: Swiss Financial Regulator to Cap Anonymous Crypto Transactions at $1,000 a Month
The Swiss Financial Market Supervisory Authority (FINMA) is extending the scope of its anti-money laundering (AML) ordinance to cover cryptocurrency assets. The adjusted ...
Global
Global: BIS and three central banks to test cross-border CBDCs using DeFi protocols
The Bank for Inernational Settlements is working with three central banks to explore cross-border CBDC trading and settlement using DeFi protocols. The new ...
Global
Global: Stablecoin Issuer Paxos Receives Operating License From Singapore Regulator
Paxos, issuer of the USDP stablecoin, can offer crypto products and services in Singapore after securing the license under the nation’s Payment Services ...
Global
Global: Standard Chartered launches Payouts-as-a-Service tech
Standard Chartered has launched an API-first Payouts-as-a-Service offering that will let digital businesses manage one-to-many payments. Available in India, Malaysia, Singapore, the UAE ...
Global
Global: Canada latest to delay ISO 20022 migration
Canada’s high-value payment system’s move to ISO 20022 will be delayed until March in order to keep in step with the recently postponed ...
Global
Global: MoneyGram Introduces New Crypto Trading Service for App Users
MoneyGram is expanding its money management tools to cryptocurrency with a new in-app service. The company announced Tuesday (Nov. 1, 2022) that it’s ...
Global
Global: China Central Bank Governor Says Digital Yuan Has ‘Managed Anonymity’
People’s Bank of China Governor Yi Ganghas reportedly said that the country’s centralized digital yuan (e-CNY) should protect privacy but should not be ...
Global
Global: BIS Sees Cross-Border CBDC Payments as Realistic and Achievable Goal
A four-country test of a cross-border payments system using central bank digital currencies was a success, the Bank for International Settlements (BIS) declared ...
Global
Global: Singapore Tests Programmable Money as CBDC Alternative
The Monetary Authority of Singapore and DBS Bank are running a trial of tokenized Singapore dollars that can be programmed for specific uses and ...