Global
Global: UK Delays Decision on Digital Pound Amid Privacy Concerns
British authorities have postponed a decision on whether to proceed with a state-backed digital pound, an alternative to bank and tech company-operated payments, ...
Global
Global: US Lawmakers Urge Meta to Clarify Crypto and Blockchain Plans
The House Financial Services Committee in the United States is pressing Meta, led by Mark Zuckerberg, to disclose its intentions regarding five cryptocurrency-related ...
Global
Global: Binance Gears Up for Legal Showdown with US SEC
Binance, the world’s largest cryptocurrency exchange, is set to face the U.S. Securities and Exchange Commission (SEC) in a crucial court battle in ...
Global
Global: Thai PM Affirms Commitment to $14.3 Billion ‘Digital Wallet’ Scheme Despite Potential Delay
Thai Prime Minister Srettha Thavisin reiterated on Friday that his government remains committed to its ambitious $14.3-billion ‘digital wallet’ handout scheme, designed to ...
Global
Global: ICBC Set to Pay $32.4 Million to US Regulators for AML Lapses and Supervisory Information Disclosure
The Industrial and Commercial Bank of China Ltd (ICBC) and its New York branch are slated to pay $32.4 million in penalties due ...
Global
Global: Vodafone and Microsoft Forge $1.5 Billion Cloud and GenAI Partnership
Vodafone has entered into a groundbreaking agreement with Microsoft, pledging a $1.5 billion investment over the next decade to foster the development of ...
Global
Global: U.S. Banks Rally to Revise Basel Capital Rule Amidst Growing Opposition
On Tuesday, U.S. banks are set to advocate for a significant overhaul of a draft rule on bank capital in their ongoing efforts ...
Global
Global: RBI Proposes Draft Framework for Fintech Self-Regulatory Body in India
The Reserve Bank of India (RBI) has released a draft framework urging Indian financial technology (fintech) firms to establish a self-regulatory organization (SRO) ...
Global
Global: European Consumers Prefer Card Networks and PayPal for Everyday Apps Over Banks and FinTechs
The rising reliance on apps and connected devices globally has fueled consumer demand for an all-encompassing everyday app seamlessly integrating banking, shopping, and ...
Global
Global: Argentine President Supports Provinces in Launching Local Currencies
In a significant development, President Javier Milei of Argentina has pledged not to obstruct provinces’ initiatives to introduce their own currencies. This assurance ...