Global
Brazil could adopt Bitcoin as legal tender
Brazil’s Federal Deputy Aureo Ribeiro has revealed that Brazilians could soon be able to buy consumer goods and services using Bitcoin. As of ...
Global
Global Regulators Say Stablecoins Should Face Same Scrutiny as Existing Payments
IOSCO securities regulators and the Bank for International Settlements said that stablecoins must play by the same rules. The International Organization of Securities ...
Global
IMF Head Says Central Bank Digital Currencies Are Reliable, Hard to Think of Bitcoin as Money
Digital currencies backed by central banks are the most reliable form of digital money, according to IMF managing director Kristalina Georgieva. At the ...
Global
SEBA Bank receives crypto asset holding license from FINMA
Switzerland-based SEBA Bank has announced receiving a license for the safekeeping of digital assets from the Swiss Financial Market Supervisory Authority (FINMA). As a result, ...
Global
KPMG launches Customer Due Diligence platform
KPMG, a Canada-based accounting company, has launched a cloud-based platform KPMG Smart Customer Due Diligence (CDD), that optimises CDD business operations. CDD and ...
Global
Monzo withdraws its application for US banking licence
Monzo has withdrawn its application for a US banking licence after it was told by regulators it was unlikely to be approved. According to ...
Global
Laos to Study Digital Currency With Help From Japanese Fintech, Report Reveals
The central bank of Laos intends to explore issuing its own digital currency, according to a media report that provided details on the ...
Global
Hong Kong Central Bank releases e-HKD whitepaper
The Hong Kong Monetary Authority (HKMA) has published a technical whitepaper on retail central bank digital currency (CBDC), strengthening its position to launch a digital ...
Global
Brazil aims to tighten penalties for crypto-related financial crimes
The penalties are part of a new piece of legislation that also regulates crypto trading and payments. Brazilian lawmakers are working to provide ...
Global
Hong Kong exploring CBDC as part of fintech strategy
A new study from Hong Kong regulators is expected to present initial thoughts and findings on CBDCs during the summer of 2022. On ...