Global
Eurosystem launches digital euro project
The Governing Council of the European Central Bank (ECB) has launched the investigation phase of a digital euro project. Following the decision, the ...
Global
Record £180m worth of crypto seized by Met Police in money laundering probe
A seizure of £180 million worth of cryptocurrency by London’s Met Police is the largest of its kind in the UK, following on ...
Global
White House backs US open banking reform
Within a broad executive order addressing competition across various industries, the White House has reiterated its support for US open banking reform. Specifically, ...
Global
Singapore and France Set To Trial Global Transactions Through CBDCs
Central banks of Singapore and France are developing a digital coin interoperability system that will support various global CBDCs. The Financial authorities of ...
Global
Revolut becomes the most valuable UK fintech startup in latest round
Revolut confirms a fresh $800M in funding at a $33B valuation to supercharge its financial services superapp Revolut has closed a Series E ...
Global
FCA to Spend $15M Warning of Crypto Risks
The Financial Conduct Authority (FCA) will launch a marketing campaign warning young people about the risks of investing in cryptocurrencies. The U.K.’s financial ...
Global
France Proposes EU-Wide Cryptocurrency Regulation
France proposed Tuesday that the EU governments give the responsibility of regulating cryptocurrencies to the pan-European markets watchdog, the Paris-based European Securities and ...
Global
Central bank provider G+D invests in CBDC simulation company FNA
Giesecke+Devrient (G+D) through its venture arm has invested in CBDC simulation firm FNA, alongside existing investors IQ Capital and Getty Lab. German-headquartered G+D is ...
Global
Social media regulation threatens rights, UN warns
The United Nations on Wednesday warned that public and private actors are intervening against online content in ways that curtail rights and muzzle ...
Global
US:Fed Chair Jerome Powell says cryptocurrencies and stablecoins won’t be needed once the US has a digital currency
Federal Reserve Chairman Jerome Powell on Wednesday challenged the need for cryptocurrencies if it were to issue its own central bank digital currency. ...