Global
Global: IMF working on global central bank digital currency (CBDC) platform
The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions between countries, IMF Managing ...
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Global: German Regulator Says Google Automotive Services May Violate Antitrust Rules
A German regulator has told Google that its connected car package may violate antitrust rules. The Federal Cartel Office said in a letter to the tech giant ...
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Global: U.S. securities regulator (SEC) hits top SPAC auditor with $10 million fine
The U.S. Securities and Exchange Commission (SEC) on Wednesday (June 21, 2023) slapped Marcum LLP with a $10 million penalty for standards violations ...
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Global: Deutsche Bank seeks crypto custody license approval in Germany
German investment bank Deutsche Bank has applied to Germany’s financial regulator to provide custody services for cryptocurrencies. “I can confirm that Deutsche Bank ...
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Global: European Commission to release technical specification for EU digital identity wallet ‘in two weeks’
The technical specification for the proposed EU Digital Identity (EUDI) wallet will be available “in two weeks”, Robert Viola, director general of the European Commission’s ...
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Global: JPMorgan Chase is fined by SEC after mistakenly deleting 47 million emails
JPMorgan Chase has been fined $4 million by the U.S. Securities and Exchange Commission after about 47 million emails belonging to its retail ...
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Global: Alipay and Mastercard Offer Cashless Payments to International Travelers to China
Alipay and Mastercard have teamed up to offer a new payment option for international visitors to China, allowing them to go cashless while traveling around China’s ...
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Global: Google Cloud Launches AML AI for Financial Institutions
Google Cloud has launched a new product, Anti Money Laundering AI (AML AI), which is an artificial intelligence-powered tool to help financial institutions ...
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Global: IMF envisions ‘new class’ of cross-border payment platform with single ledger
The International Monetary Fund has presented the outlines of a “new class” of cross-border payment system that uses a single ledger to record ...
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Global: Binance, SEC strike deal to keep US customer assets in country
Binance, the world’s biggest cryptocurrency exchange, and Binance.US have entered into an agreement with the U.S. Securities and Exchange Commission to ensure that ...