Global
Bank of Korea plans to launch central bank digital currency pilot
The Bank of Korea (BOK) has revealed plans to initiate its central bank digital currency (CBDC) pilot by the end of August 2021. The first ...
Global
Standard Chartered to offer crypto brokerage in Ireland
UK-based bank Standard Chartered has announced it will offer cryptocurrency broker services in Ireland through its Zodia Custody subsidiary. The digital asset custodian will focus ...
Global
India launches new digital payment system
The Indian Government has recently announced the launch e-RUPI, an electronic voucher promoting digital payment solutions. According to an official statement, it is a ...
Global
Plaid agrees to pay USD 58M sanction
Plaid has agreed to pay USD 58 million to resolve consumers’ claims that the financial technology company obtained and used bank account credentials and ...
Global
UK to make amendments on Money Laundering Regulations 2017
UK’s government has commenced the consultation process for further amendments to the Money Laundering Regulations 2017. Changes up for discussion stand to affect ...
Global
US SEC Fines Poloniex $10 Million for Operating Unregistered Cryptocurrency Exchange
The U.S. Securities and Exchange Commission (SEC) has charged Poloniex with operating an unregistered cryptocurrency exchange. Poloniex has agreed to a cease-and-desist order ...
Global
India Plans to Unveil Central Bank Digital Currency Model by Year End
The deputy governor of India’s central bank, the Reserve Bank of India (RBI), says the bank should be able to come up with ...
Global
Singapore to License Digital Payment Providers, Approves Crypto Exchange
The Monetary Authority of Singapore (MAS) has notified several providers of digital payment services that they will be licensed to operate in the ...
Global
RBI Issues Outsourcing Guidelines For Payment System Operators
The Reserve Bank of India issued a new framework for outsourcing of activities by payment system operators. The regulator also reiterated that despite ...
Global
Mexican regulator claims 12 digital currency exchanges operating illegally
One of Mexico’s financial services regulators has flagged 12 digital currency exchanges, which it says are operating illegally. According to the watchdog, these exchanges ...