Global
Brazil aims to tighten penalties for crypto-related financial crimes
The penalties are part of a new piece of legislation that also regulates crypto trading and payments. Brazilian lawmakers are working to provide ...
Global
Hong Kong exploring CBDC as part of fintech strategy
A new study from Hong Kong regulators is expected to present initial thoughts and findings on CBDCs during the summer of 2022. On ...
Global
Facebook, Instagram and WhatsApp all crash worldwide
Facebook, Instagram, WhatsApp and Facebook Messenger services have all crashed worldwide leaving users flocking to Twitter to report the outage. According to DownDetector, ...
Global
Virgin Money to shutdown 31 branches
Virgin Bank to shutdown 31 out of 162 branches in the coming months, as it plans to increase its digital operations. Technological advancements ...
Global
SEC Extends Decision Timeline Of Four Bitcoin ETFs By 45 Days
Bitcoin EFT applications are piling up as the United States Securities and Exchange Commission (SEC) continues weighing its options. Wall street’s most powerful ...
Global
Interac acquires rights to SecureKey digital identification services in Canada
Interac Corp. has stated that it has secured exclusive rights to SecureKey Technologies Inc.’s digital identification services in Canada as the payments platform ...
Global
Blockchain Algorithms Submit Paperwork for Financial Conduct Authority (FCA) Trading Licence
Blockchain Algorithms have applied for a Financial Conduct Authority (FCA) UK trading licence, enabling the firm to offer FSCS-protected deposits and investment services for ...
Global
Independent Reserve gains licensure approval from the Monetary Authority of Singapore
Independent Reserve beats 170 global competitors to become a fully licenced cryptocurrency exchange available to retail and institutional investors in Singapore Cryptocurrency exchange ...
Global
Wise Founder & CEO may face FCA action over tax default
Wise co-founder and CEO Kristo Käärmann has been fined over £350,000 by Her Majesty’s Revenue and Customs (HMRC) for deliberately defaulting on his ...
Global
U.S central bank has no plans to ban Bitcoin or crypto, Says Chair Jerome Powell
U.S. Federal Reserve Chairman Jerome Powell has made it clear that there are no plans for a China-style crackdown on cryptocurrencies during a hearing ...