Global
Global: Open Exchange Faces $2.7 Million Fine for Violating UAE Crypto Regulations
Dubai has imposed a substantial fine of nearly $3 million on cryptocurrency company Open Exchange for violating the nation’s regulations on digital assets. ...
Global
Global: PayPal Temporarily Pauses Cryptocurrency Sales in the UK to Meet Regulatory Changes
PayPal is set to temporarily suspend cryptocurrency sales for its customers in the UK, starting from October. This move is aimed at ensuring ...
Global
Global: Fitch Warns of Possible Downgrade for Multiple Banks, Including JPMorgan
An analyst at Fitch Ratings has issued a caution that U.S. banks, including JPMorgan Chase, could face potential downgrades if the agency further ...
Global
Global: UK Payment Systems Regulator Proposes £415,000 Cap for APP Fraud Reimbursement Claims
The Payment Systems Regulator (PSR) in the UK is considering implementing a maximum reimbursement cap of £415,000 for victims of authorised push payment ...
Global
Global: DOJ Launches Inquiry into Visa’s Tokenization Practices
The Department of Justice (DOJ) is reportedly conducting an investigation into Visa’s tokenization practices, as part of an ongoing examination, as indicated by ...
Global
Global: Apple’s 1 Billion Subscribers Showcase the Power of Ecosystems in Cultivating Customer Loyalty
Retail subscription commerce has gained remarkable traction, with a growing number of consumers seeking streamlined ways to explore fresh content and services in ...
Global
Global: Brazil’s Central Bank Introduces DREX as Official CBDC Name
The Central Bank of Brazil has marked a significant leap toward the digital transformation of its financial landscape by revealing “DREX” as the ...
Global
Global: Singapore Introduces Regulatory Framework for Single-Currency Stablecoins
Singapore’s central bank has unveiled a regulatory framework aimed at enhancing the stability of single-currency stablecoins. The framework will be applicable to non-bank ...
Global
Global: China’s Central Bank Surprises with Rate Cut to Boost Struggling Economy
China’s central bank has taken an unexpected step by cutting key policy rates for the second time in three months, signaling an intensified ...
Global
Global: Biden Administration Urges Supreme Court to Review Social Media Content Laws
The Biden administration has called upon the U.S. Supreme Court to examine the legality of social media laws in Texas and Florida, which ...