Global
Global: Bank of Canada Paper Raises Doubts About CBDC’s Value
A Bank of Canada discussion paper has raised questions about the practicality of introducing a central bank digital currency (CBDC) to address unmet ...
Global
Global: RBI Collaborates with McKinsey and Accenture to Elevate Regulatory Oversight with AI
The Reserve Bank of India (RBI) is embarking on a groundbreaking journey to enhance its regulatory oversight of banks and Non-Banking Financial Companies ...
Global
Global: Bittrex Settles with SEC for $24 Million Over Alleged Unregistered Activities
Cryptocurrency firm Bittrex has reached a settlement of $24 million with the US Securities and Exchange Commission (SEC) to resolve allegations that it ...
Global
Global: INTERPOL Blocks 208 West African Bank Accounts and Arrests 103 Individuals in Cyberfraud Crackdown
In a major crackdown on organized cyberfraud, INTERPOL has taken significant action, blocking 208 bank accounts and apprehending 103 individuals involved in West ...
Global
Global: AI-Driven Conversational Payments and Seamless Credit with UPI -India’s Vision
The Reserve Bank of India (RBI) has unveiled an array of innovative fintech initiatives, including the integration of AI-powered “conversational” payments into India’s ...
Global
Global: UAE Imposes $1.3 Million Fine on Money Exchange House for Regulatory Violations
The United Arab Emirates has imposed a fine of $1.3 million on a money exchange house for breaching financial regulations. This action aligns ...
Global
Global: Forensic Audit Exposes Misconduct and Unlawful Commissions in Lebanon’s Central Bank
A comprehensive forensic audit conducted by a New York-based company has brought to light years of misconduct involving Lebanon’s central bank’s former governor ...
Global
Global: India’s Central Bank Initiates 1 Trillion Rupees Withdrawal via Incremental CRR
The Reserve Bank of India (RBI) is set to withdraw nearly one trillion rupees ($12.07 billion) from the banking system using a temporary ...
Global
Global: Spotify Faces $5.4 Million GDPR Violation Fine for Mishandling User Data
Swedish music streaming giant Spotify has been fined SEK 58 million ($5.4 million) by a Swedish regulator for violating the European Union’s General ...
Global
Global: EU to Review US Restrictions on Tech Investments in China
The European Commission of the EU has revealed its intention to evaluate the recent U.S. ban on new American investments in China, particularly ...