Global
Global: Bank of America fined $225 million for unlawfully freezing accounts during Covid-19 pandemic
The Consumer Financial Protection Bureau (CFPB) and Office of the Comptroller of the Currency (OCC) have fined the Bank of America (BofA) for ...
Global
Global: India Calls on G20 to Bring Crypto Within Global ‘Automatic Exchange of Information’ Framework
G20 Urged to Bring Crypto Under Automatic Exchange of Information India’s finance minister, Nirmala Sitharaman, talked about cryptocurrency Friday during the G20 Ministerial ...
Global
Global: FSB explores options to promote broader adoption of the Legal Entity Identifier (LEI) in cross-border payments
The Financial Stability Board (FSB) today published a report exploring options to improve the adoption of the Legal Entity Identifier (LEI), in particular for ...
Global
Global: Binance CEO, Zhao, to launch blockchain awareness, build fintech in Africa
The founder and CEO of Binance, the world’s largest cryptocurrency and blockchain infrastructure provider, Changpeng Zhao, has disclosed plan by his company to ...
Global
Global: Revolut surpasses 20 million customer milestone on seventh anniversary
Champagne corks are popping at financial super app Revolut as it celebrates its seventh anniversary by surpassing 20 million retail customers worldwide, processing ...
Global
Global: Indian regulator may dismantle crypto exchanges body after months of disputes
Indian authorities are reportedly set to dismantle the country’s Blockchain and Crypto Assets Council (BACC) in a move viewed as a setback to ...
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 ...
