Regulatory
FCA extends SCA deadline by a further six months
The UK’s Financial Conduct Authority is to delay the implementation of strong customer authentication rules by a further six months in an effort ...
Regulatory
China Joins CBN, Bans Cryptocurrency Transactions
Three months after the Central Bank of Nigeria (CBN) banned banks and other key players in the financial sector from cryptocurrency transactions, China ...
Regulatory
CTX to launch regulated exchange powered by Nasdaq
Singapore-based Cyberdyne Tech Exchange (CTX) has announced it will launch a regulated digital exchange to be powered by Nasdaq technologies, for asset-backed tokens. ...
Regulatory
EML shares crash on Irish central bank regulatory concerns
The share price of EML Payments cratered after the Brisbane-based player in niche parts of global payments markets said the Central Bank of ...
Regulatory
European Central Bank castigates banks over instant payment fees
The European Central Bank has warned that the charges levied by banks for instant payments are proving a barrier to uptake and “must ...
Regulatory
Bahrain’s central bank to pilot digital dollar with JP Morgan and Bank ABC
Central Bank of Bahrain (CBB) has revealed its plans to pilot a digital currency settlement project with US bank JP Morgan and local, ...
Regulatory
Liberia: CBL Warns Against Crypto Currency – Says It Has Not Issued Any License for Such Transaction
The Central Bank of Liberia’s (CBL’s) says its attention has been drawn to a publication made in the May 6, 2021 edition of ...
Regulatory
Israel’s Central Bank Considers Issuing a Digital Shekel
The Bank of Israel is accelerating its research into central bank digital currencies (CBDCs) and making preparations in case it decides to issue ...
Regulatory
SEC to Stop Unregistered Capital Market Operators from Business May 31
The Securities and Exchange Commission (SEC) says it will stop operations of the Capital Market Operators (CMOs) that are yet to renew their ...
Regulatory
US Justice Department is probing fintechs over PPP loan calculations: Reuters
The US Department of Justice has been investigating whether financial technology companies may have erred while distributing billions of dollars in pandemic aid ...