Global
Global: Indian Government’s Chief Economic Adviser Warns of Danger in Crypto, Defi Without Regulation
The Indian government’s chief economic adviser has warned about innovations like crypto and decentralized finance (defi) in the absence of regulation. “We may ...
Global
Global: CaixaBank and Microsoft explore the metaverse
Spain’s CaixaBank is teaming up with Microsoft on an AI innovation laboratory that will, among other things, focus on building a work environment ...
Global
Global: Dutch watchdog says Apple to offer other payment methods in dating apps
The Netherlands’ antitrust watchdog on Saturday said Apple Inc (AAPL.O) will allow different payment methods in Dutch dating applications, ending a dispute that resulted in ...
Global
Global: Saudi government reserves at central bank take hit to fuel Vision 2030 investments
Saudi Arabia’s reserves at the Kingdom’s national bank have fallen by 58 percent since 2016 as the government pushes ahead with funding its ...
Global
Global: Charles Schwab pays $187m to settle SEC robo-advisor charges
Subsidiaries of Charles Schwab have agreed to pay $187 million to settle SEC charges that they misled clients about fees for the broker’s ...
Global
Global: Jamaica becomes the first country to legalize CBDC
Following the approval of the senate, the Jamaican government has announced a nationwide digital currency. In a bid to provide alternatives to cash, ...
Global
Global: SEC Investigating Goldman Sachs over ESG Funds
The U.S. Securities and Exchange Commission (SEC) is investigating Goldman Sachs’ asset management division over certain of its ESG-themed investment funds, according to ...
Global
Global: Western Union Partners With Mambu for European Digital Banking
Cloud banking platform Mambu and global money transfer giant Western Union are collaborating to deliver digital banking products to Europe. Western Union’s digital ...
Global
Global: New York regulator sets stablecoin rules
The New York State Department of Financial Services has set out strict reserve requirements for firms looking to issue USD-backed stablecoins in the ...
Global
Global: IMF Suggests CBDCs To Include Compliance And User-Friendly Payment Features
International Monetary Fund (IMF) took a broad step in recommending creating a payment system with eco-friendly practices. It undertook a study on energy ...