Global
Global: CFTC labels 34 crypto and forex firms as unregistered foreign entities
“Customers engaged in transactions with these entities may not receive the benefit of the customer protections, safeguards, and guardrails,” said CFTC commissioner Kristin ...
Global
Global: Visa and Mastercard questioned by MPs over sixfold fee hike
MPs have written to Visa (V) and Mastercard (MA) to demand to know why they have increased fees nearly sixfold when Britons shop with ...
Global
Global: Steinhoff fined R190 million by Germany’s financial regulator
Steinhoff has been fined €11.2 million (~R191 million) by Germany’s financial regulator BaFin for breaching financial regulations five years ago. The retailer was ...
Global
Global: Collaborating with Mastercard and BNI, Kredivo Launches Infinite Card Digital Loan
PT FinAccel Finance Indonesia through Kredivo is intensively expanding digital credit access through several collaborations. This time, Kredivo launched “Infinite Card” by cooperating with global ...
Global
Global: Polygon selected to participate in Disney’s 2022 Accelerator Program
Ethereum scaling solution Polygon has been selected to participate in Disney’s Accelerator Program to further Polygon’s development of Web3 experiences. Layer-2 scaling platform ...
Global
Global: BIS Committee and IOSCO issue guidance for regulation of stablecoin arrangements
The international organizations affirm the “same risk, same regulation” principle by extending decade-old rules to the rapidly expanding new financial technology. The principle ...
Global
Global: Former Flutterwave exec launches African remittance startup in UK
African fintech Sendsprint is launching in the UK to provide money transfer and gifting services to three destination countries for senders including Nigeria, ...
Global
Global: Google Countersues Tinder Owner in Fees Battle
Google, one of the leading tech companies, is countersuing the company which owns Tinder, Match Group, over a fees battle and Google Play ...
Global
Global: Cathay Innovation Launches €1B Global Venture Capital Fund to Invest in Startups
Cathay Innovation has launched its third venture capital fund, a €1 billion global fund targeting startups that are accelerating the sustainable transformation of ...
Global
Global: G20 Watchdog Announces ‘Robust’ Global Crypto Regulation Coming in October
FSB to Present Robust Crypto Regulatory Framework to G20 in October The Financial Stability Board (FSB), an international body that monitors and makes ...