Global
Global: Singapore to tighten retail crypto trading rules
The Monetary Authority of Singapore could introduce “customer suitability tests” in an effort to discourage people from trading cryptocurrencies. Despite years of warnings ...
Global
Global: Saudi Central Bank Grants Approval To Two FinTech Firms
The Saudi Central Bank (SAMA) has approved two FinTech companies, “Lean Technologies” and “Mod5r” to provide Open Banking Solutions in the country. With ...
Global
Global: CBK Begins Trial On Innovations For Open Banking
The Central Bank of Kuwait has announced plans to begin testing innovative products for open banking under the CBK’s Regulatory Sandbox. The products ...
Global
Global: Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash
Monetary Authority of Russia Expands Citizens’ Access to Foreign Cash The Central Bank of the Russian Federation (CBR) has lifted one of the ...
Global
Global: RBI Expresses Fear Over Crypto’s Impact On Financial Stability
The Reserve Bank of India (RBI) has expressed concern that cryptocurrency could affect the country’s financial stability. RBI’s Governor, Shaktikanta Das stated this ...
Global
Global: Meta’s Facebook agrees to settle data privacy lawsuit
Meta Platforms Inc’s Facebook has in-principle agreed to settle a lawsuit in the San Francisco federal court seeking damages for letting third parties ...
Global
Global: Cryptocurrency exchange Binance faces proposed $1-billion class-action lawsuit
Binance, the world’s biggest cryptocurrency exchange, has been targeted in a $1-billion proposed class-action lawsuit in Toronto, led by a high-profile firm accusing ...
Global
Global: Brazilian Brokerage Platform Rico to Offer Cryptocurrency Services Next Year
Rico to Expand Operations to Crypto and Banking Brazilian companies and banks are entering the cryptocurrency business as a way of offering a ...
Global
Global: Amazon, Flipkart Lobby Against India’s Digital Lending Rules
Companies have begun to lobby against India’s new digital lending rules after the regulations interrupted card services and put Amazon loan offerings in peril. Earlier ...
Global
Global: Abu Dhabi establishes crypto committee
Abu Dhabi has announced the formation of a government body to develop its strategy for regulating and promoting the world of virtual assets. ...