Global
Global: BSP to adjust rate cap on credit card transactions
The Bangko Sentral ng Pilipinas (BSP) is set to finally adjust the rate cap and other charges imposed on credit card transactions due ...
Global
Global: EMVCo Publishes EMV® Contactless Kernel Specification
Global technical body EMVCo has published a new specification to support the evolution of contactless and mobile payments and simplify global acceptance for ...
Global
Global: Visa Partners With FTX to Roll out Crypto Debit Cards in 40 Countries
Payments giant Visa is launching crypto debit cards in more than 40 countries in partnership with cryptocurrency exchange FTX. “At Visa, we believe ...
Global
Global: Commercial Bank International is first UAE lender to launch metaverse location
Dubai-based Commercial Bank International (CBI) is now in the metaverse. The bank announced the launch of their metaverse location, making it the first ...
Global
Global: RBI Concept Note on CBDC
On October 7, 2022, the Reserve Bank of India launched a concept note to raise public awareness about central bank digital currency (CBDC). ...
Global
Global: European Union places a total ban on cross-border transfers from Russian crypto wallets
The European Union announced new sanctions against Russia on October 6 in response to the protracted and recently intensified conflict in Ukraine. The new measures include ...
Global
Global: US Court Gives Elon Musk 22 Days Ultimatum to Close Twitter Deal
After the richest man in the world reversed his decision to cancel the acquisition transaction, Delaware’s Court of Chancery has set a deadline ...
Global
Global: Hackers Attack Binance Smart Chain, Stole $100m
The largest cryptocurrency exchange in the world, Binance, reported on Friday that scammers had stolen cryptocurrency worth about $100 million. The entire amount ...
Global
Global: Bank of England official says $1 trillion in pension fund investments could’ve been wiped out without intervention
A top Bank of England official confirmed for the first time that worries that a popular pension fund investment would collapse prompted the ...
Global
Global: Final Draft of EU Crypto Law Caps Stablecoin Transactions
The final text of the Markets in Crypto Assets (MiCA) law creating a broad legal framework for digital assets including cryptocurrencies and stablecoins ...