Global
Global: Fintech unicorn Xendit buys minority stake in local bank
Xendit, an Indonesia-based payment gateway startup, has acquired a minority stake in Bank Sahabat Sampoerna, a local bank that focuses on SMEs. The size ...
Global
Global: UAE Central Bank launches new Dh5 and Dh10 notes
The Central Bank of the United Arab Emirates has launched two new banknotes. The Dh5 and Dh10 notes are made of polymer and ...
Global
Global: BoE asks financial firms for £24m more to keep track of risks from crypto assets
Levy increase needed to hire 100 extra staff in response to ‘new policy responsibilities’, says regulator body The Bank of England is asking lenders and ...
Global
Global: Brazilian Development Bank Sets Deadline for Completion of Blockchain Network
The Brazilian Development Bank (BNDES) has partnered with the Court of Accounts of the Union (TCU), a constitutional institution of the Brazilian government, ...
Global
Global: OCC issues order against Anchorage Digital over AML compliance
The bank hinted that the OCC’s actions might help establish a regulatory precedent that could encourage other firms in the space to set ...
Global
Global: Amsterdam-based fintech startup TerraPay secures money services business license in the US
Amsterdam-based TerraPay, a digital payments infrastructure company, that allows anyone, anywhere, to send money to a mobile number instantly, announced that it has secured ...
Global
Global: SEC proposes new cybersecurity disclosure rules
The US Securities and Exchange Commission (SEC) has issued proposed rules regarding cybersecurity risk management, strategy, governance, and incident disclosure, according to Perkins Coie. ...
Global
Global: Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework
Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)’s virtual asset regulatory framework. According to an advisor with ...
Global
Global: IMF calls for regulatory crackdown on fast-growth fintechs
The International Monetary Fund says fast-growing fintechs pose challenges for both regulators and less technologically advanced banks, whose long-term viability may be under ...
Global
Global: UK remittance startup Leatherback raises $10 million
Leatherback, a UK startup for international remittance payments for migrant workers and multi-currency businesses, has raised $10 million in a pre-seed round led ...