Global
Global: Australia central bank warns of more hikes ahead after raising rates to 11-year high
Australia’s central bank on Tuesday (June 6, 2023) raised interest rates by a quarter-point to an 11-year high and warned that further tightening ...
Global
Global: Central banks successfully test ‘quantum resistant’ communications channel- BIS
A secure communication channel designed to protect financial data against future threats from quantum computers has been successfully established by the BIS Innovation ...
Global
Global: SEC sues Binance and CEO Changpeng Zhao
The Securities and Exchange Commission has sued Binance and its CEO Changpeng Zhao, alleging a host of securities law violations and accusing the ...
Global
Global: Vertiv Releases 2022 Environmental, Social and Governance Report, Detailing ESG Initiatives and Achievements in Second Annual ESG Report
Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, has released its second annual report on the company’s environmental, social and governance (ESG) efforts, ...
Global
Global: UAE central bank issues AML/CTF guidance for dealing with virtual assets
The UAE Central Bank has issued new anti-money laundering and counter-terrorism financing guidance for financial institutions when dealing with virtual assets, such as ...
Global
Global: Lithuania revokes Transactive Systems UAB’s licence over AML failures
The Bank of Lithuania has revoked Transactive Systems UAB’s electronic money institution licence and fined the payments firm €280,000 for “seriously and systematically” ...
Global
Global: Saudi Central Bank grants open banking certifications to 2 fintech firms
Saudi Arabia is fostering personalized financial products and services tailored to customer needs with the Kingdom’s monetary authority, granting open banking certifications to ...
Global
Global: US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC
Lawmakers with the United States House Financial Services Committee and House Agriculture Committee have released a draft discussion offering certain crypto assets a ...
Global
Global: OpenAI receives warning from Japanese privacy watchdog
The Japanese privacy watchdog, Personal Information Protection Commission, has sent a warning to OpenAI over the collection of sensitive data without individual’s permission. ...
Global
Global: European Commission To Present Regulatory Framework For Digital Euro In June
Fabio Panetta, a member of the Executive Committee of the European Central Bank (ECB), recently announced that the European Commission would be presenting ...