Global
Monetary policy: RBI to revisit KYC rules after digital lending fraud
RBI Governor Shaktikanta Das said the RBI actions on KYC rules have to be in consonance with the Prevention of Money Laundering Act ...
Global
Global: FDIC Asks All Banks to Report Crypto Activities
All FDIC-supervised institutions have been asked to provide the federal banking regulator with information about their “crypto-related activities.” A top U.S. banking regulator ...
Global
Global: PCI SSC releases PCI Data Security Standard v4.0 for global payment data
The PCI Security Standards Council (PCI SSC) has published version 4.0 of the PCI Data Security Standard to address emerging threats to accounts data. ...
Global
Global: German central bank warns against excessive application of Russian sanctions
“We see here and there that sanctions are being over-fulfilled,’’ central bank board member Joachim Wuermeling told financial daily Handelsblatt on Wednesday. Germany’s ...
Global
Global: Sri Lanka central bank to get new governor amid economic crisis
Sri Lanka’s central bank is set to name a new chief, as the nation faces its worst economic crisis in over 70 years. ...
Global
Global: FCA allows crypto firms to trade past licensing deadline
The Financial Conduct Authority (FCA) has allowed several cryptocurrency companies to continue trade past a licensing deadline as it continues to assess applications. Under the ...
Global
Global: Worldline completes deal for controlling stake in ANZ’s merchant acquiring business
Worldline has closed a A$485 million deal to acquire a controlling stake in the commercial acquiring business of ANZ, Australia’s third largest acquirer ...
Global
Global: Indonesian Government Sets Crypto Tax at 0.1% to Be Levied Starting in May
The Indonesian government has decided to tax capital gains income from crypto investments at 0.1% starting in May. In addition, value-added tax (VAT) of ...
Global
Global: Sri Lanka central bank governor submits resignation amid crisis
The governor of Sri Lanka’s central bank says he has submitted his resignation as the country faces its worst economic crisis in decades. ...
Global
PwC: More Than 80% of Central Banks Are Considering Launching a CBDC
The vast majority of central banks are considering launching a central bank digital currency (CBDC), according to analysts at accounting firm PwC. “CBDCs ...