Global
Digital Ruble Poses Risks to Financial Sector and Security, Russian Lawmakers Warn
Russian parliamentarians have cautioned against risks associated with the introduction of a digital ruble. Among them are the likely increase of competition pressure ...
Global
India Considers Allowing Only Preapproved Cryptocurrencies — Crypto Regulation Expected by Year-End: Report
India is reportedly considering allowing only preapproved cryptocurrencies to be listed and traded on exchanges. In addition, the government aims to both introduce ...
Global
The Monetary Authority takes disciplinary actions against four banks for contraventions of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance
The Hong Kong Monetary Authority (HKMA) announced today (19 November) that it had completed investigations and disciplinary proceedings for four banks under the ...
Global
Network International and NPCI International sign MoU
UAE-based fintech Network International has signed a Memorandum of Understanding (MoU) with India-based NPCI International to discuss the acceptance of Unified Payments Interface in the UAE. The ...
Global
Brexit changes to take effect for payment transfers between UK and EU
The Financial Conduct Authority has reminded UK payment service providers to prepare for changes to the law affecting cross-border payments due to Brexit. The EU’s ...
Global
Fidelity Receives Regulatory Approval to Launch Canada’s First Bitcoin Institutional Solution
Fidelity Clearing Canada ULC has been greenlighted to launch bitcoin custody and trading services for institutions in the country. Canada has its first ...
Global
Neobank N26 confirms exit from US market
German neobank N26 has put a complete stop to its US operations, announcing that its American current accounts will be shut down after January 11, ...
Global
Binance lost 3% of its customers due to KYC requirements – Changpeng Zhao
In a Bloomberg interview with CZ, which is the nickname of Binance CEO, Changpeng Zhao, discussing Binance’s newly released ‘10 fundamental rights for ...
Global
Bank of Russia plans to take fees for CBDC transactions: Report
The Bank of Russia views CBDCs as a responsible alternative to Bitcoin and wants to take fees from CBDC transactions. The Russian central ...
Global
FCA allows use of temporary ‘synthetic’ LIBOR rates
The Financial Conduct Authority (FCA) has confirmed that it will use a temporary “synthetic” version of the London Interbank Offered Rate (LIBOR) for ...
