Global
Global: Insurance regulator Irdai proposes changes to reinsurance regulations
The insurance regulator has released an exposure draft seeking amendments to reinsurance regulations. In the draft, the Insurance Regulatory and Development Authority of ...
Global
Global: Western Union and NymCard Partner in the UAE
Western Union and NymCard today announced that they have signed a partnership that will enable FinTechs and financial institutions in the United Arab ...
Global
Global: BIS and four central banks hail pilot trials of CBDCs in cross-border FX transactions
The Bank for International Settlements (BIS) and four central banks have completed a successful pilot of the use of central bank digital currencies ...
Global
Global: Meta and Microsoft can’t self-regulate their metaverses, UK regulator warns
The boss of the U.K. media regulator Ofcom warned “metaverse” forays from tech giants like Meta and Microsoft will be subjected to incoming ...
Global
Global: Singapore lays down the law for crypto trading and stablecoins
The Monetary Authority of Singapore (MAS) has published two consultation papers proposing strict regulatory measures to reduce the risk to consumers from cryptocurrency ...
Global
Global: Western Union Applies for Crypto-Related US Trademarks
Western Union reportedly may be considering adding cryptocurrency-related products and services. The firm has filed several trademark applications that are related to crypto, ...
Global
Global: EU preps rule for mandatory instant payments in euros
The European Union is preparing rules that would require banks in the eurozone to offer instant payments in euros, according to Reuters. According ...
Global
Global: UK data watchdog fines construction biz £4.4m for poor infosec hygiene
Britain’s data watchdog has slapped construction business Interserve Group with a potential £4.4 million ($4.98M) fine after a successful phishing attack by criminals ...
Global
Global: BIS, UN, Hong Kong Monetary Authority conclude tokenized green bonds trial
Project Genesis 2.0 continued the joint effort of exploring blockchain opportunities for green investments. The Bank for International Settlements (BIS), the Hong Kong ...
Global
Global: UK Lawmakers Vote to Recognize Crypto as Regulated Financial Instruments
Lawmakers in the U.K. voted in favor of recognizing crypto assets as regulated financial instruments and products in the country. The House of ...
