Global
Global: UK government pledges crackdown on text-scammers
The UK government has promised a crackdown on “text-scam misery”, rolling out a raft of new measures to fight back against fraud. The ...
Global
Global: Fintech to become $1.5 trillion industry by 2030- Report
Financial technology revenues are projected to grow sixfold from $245 billion to $1.5 trillion by 2030, according to a report from Boston Consulting ...
Global
Global: Bahrain Gets Permission to Join Gulf Region Payment System
Bahrain is set to join other Persian Gulf region countries in a unified payments/settlement system. The country’s Shura Council approved the move this ...
Global
Global: Mastercard aims to boost trust for blockchain transactions
Mastercard is teaming up with Web3 players on an on-chain identity and verification framework covering a variety of applications in payments, remittances, ticketing ...
Global
Global: DoJ investigates Mastercard debit card programme
Mastercard says the Department of Justice is investigating potential anticompetitive behaviour related to its debit card operations. In an SEC regulatory filing, the payments ...
Global
Global: House Crypto Legislation Is Weeks Away- Rep. McHenry
The head of the House Financial Services Committee expects to soon put forth cryptocurrency legislation. Rep. Patrick McHenry, R-N.C., told an audience at CoinDesk’s Consensus 2023 ...
Global
Global: Dubai crypto regulator awards first broker-dealer MVP operational license
BitOasis, a Middle East-focused crypto exchange based in the United Arab Emirates, has received the first broker-dealer minimum viable product operational license from ...
Global
Global: US court orders South African firm’s CEO to pay $3.4 billion for bitcoin fraud
A federal judge in Texas ordered the head of a South African firm to pay a whopping $3.4 billion for what the U.S. ...
Global
Global: SEC looks down on UpToken, imposes crypto fines
The U.S. Securities and Exchange Commission has fined Seattle-based Coinme and related defendants nearly $4 million for conducting an unregistered and misleading offering ...
Global
Global: Generative AI governance targeted in proposed EU rules
The EU’s AI Act has been pushed through to the trilogue stage after nearly two years of drafting. The draft includes requirements for ...