Global
Global: China begins next phase of CBDC testing with e-CNY payment for public transport
Scan and pay with e-CNY is now available in multiple Chinese cities for citizens looking to ride their local buses and subways. According ...
Global
Global: Philippines central bank approves two more digital banks
A total of six digital banks are now allowed to operate in the Philippines after the Bangko Sentral ng Pilipinas (BSP) issued Certificates ...
Global
Global: China to forgive 23 interest-free loans to 17 African countries
China has stated that it will forgive 23 interest-free loans to 17 African countries and will also provide food assistance to the struggling ...
Global
Global: FCA fines Citi £12.5m for trading oversight failings
The UK’s Financial Conduct Authority (FCA) has levied a £12.5m fine against Citigroup Global Markets over past failures to police its trading activity ...
Global
Global: Turkish central bank takes steps for credit availability, financial stability
The Central Bank of the Republic of Türkiye (CBRT) announced new macroprudential measures to address loan growth and the interest rates applied in ...
Global
Global: Visa Opens DRC Office in a Bid to Expand Digital Payments in the Country
Global payments technology company Visa has announced plans to establish local business operations in the Democratic Republic of Congo as it seeks to expand digital ...
Global
Global: The Central Bank of Colombia Is Studying the Creation of a Digital Currency
Central Bank of Colombia Studies Digital Currency Issuance Many governments in the world are preparing to launch digital currencies in order to compete ...
Global
Global: Indian fintech Uni to suspend card services amid central bank’s guidelines
Indian pay-later cards startup Uni plans to temporarily suspend its card services in the South Asian market following the local central bank’s guidelines on ...
Global
Global: Korean Regulator Takes Action Against 16 Foreign Crypto Exchanges
16 Foreign Crypto Exchanges Flagged by South Korean Regulator South Korea’s top financial regulator, the Financial Services Commission (FSC), announced Thursday that the ...
Global
Global: Faster Payments volumes increase by 23%– UK Finance
A new UK Finance Payment Markets report finds Faster Payments volumes increased by 23% to 3.6 billion from 2020 to 2021. The report ...
