Global
Global: US SEC Set to Enforce New Regulations for $20 Trillion Private Fund Industry
The leading regulator on Wall Street is poised to implement fresh transparency regulations for the private investment fund industry, valued at $20 trillion. ...
Global
Global: Wirex Collaborates with Sumsub to Ensure Virtual Asset Compliance and Transaction Security
Wirex, a digital payment company, has joined forces with Sumsub, a global verification platform, to enhance its compliance with regulatory requirements. Sumsub will ...
Global
Global: Indonesia and Singapore to Implement QR Code Payments for Cross-Border Transactions
The central banks of Indonesia and Singapore are gearing up to integrate QR code technology into their payment systems, allowing for seamless cross-border ...
Global
Global: UK Launches £1 Billion Fintech Fund to Compete with Silicon Valley
The United Kingdom has introduced a £1 billion Fintech Growth Fund, partnering with major players like Mastercard, Barclays, and the London Stock Exchange ...
Global
Global: Mastercard Unveils CBDC Partner Programme Featuring Ripple and ConsenSys
Mastercard has introduced a central bank digital currency (CBDC) partner programme that includes notable firms like Ripple and ConsenSys, as part of an ...
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 ...