Global
Fed Report’s regulatory overhaul designates Stablecoins as systemically risky
The upcoming CBDC report by the Treasury, the Fed, and other financial regulators will reportedly focus on imposing stricter regulations on stablecoins in ...
Global
JPMorgan Chase to open digital-only bank in UK
JPMorgan Chase has announced it will open its first overseas retail bank, with the launch of a digital-only lender that aims to upend the ...
Global
Covid pandemic fuelling financial crime, says UAE Central Bank
Criminals are exploiting e-commerce after it grew in popularity during global lockdowns, a report by the banking regulator says The Covid-19 pandemic, which shook ...
Global
Bank of Russia to ‘Slow Down’ Payments to Crypto Exchanges
Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims ...
Global
PayPal users can now trade crypto in the UK
American multinational financial technology company, PayPal has officially announced that all eligible customers in the United Kingdom can now buy, hold and sell ...
Global
FCA Reports Over 220% Increase in Enquiries Relating to Crypto Scams
The UK’s Financial Conduct Authority has released data that shows inquiries relating to crypto scams have increased by 222% in less than a ...
Global
BIS wants central banks to move faster with CBDC amid looming stablecoin pressure
The head of the Innovation Hub at the Bank for International Settlements (BIS) has called on central banks to step up their central bank ...
Global
Adobe rolls out new payment service for its e-commerce platform
Adobe is rolling out a new payment service for its e-commerce platform to help merchants accept popular payment methods, including credit and debit cards, PayPal, ...
Global
State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform
State Bank of India, the country’s largest bank, has reportedly “blocked the receipt of funds by crypto bourses on its UPI platform,” the ...
Global
Central Bank of Turkey Expands Research, Prepares to Test Digital Lira
The Central Bank of the Republic of Turkey (CBRT) has secured agreements with two defense and technology companies, Aselsan and Havelsan, the Scientific ...
