Global
Global: South Korean ministry recommends enactment of special Metaverse laws
The MSIT identified that imposing older regulations serve as a deterrent to the growth of new ecosystems. The Ministry of Science and ICT ...
Global
Global: SEC guidelines disrupt banks’ cryptocurrency projects
New accounting guidance from the US Securities and Exchange Commission (SEC) has thrown a spanner in banks’ cryptocurrency projects. The update is in ...
Global
Global: Bank of Thailand to improve payment system standard
The Bank of Thailand plans to upgrade the country’s payment system standard to stabilise financial services and prevent digital banking glitches. The central ...
Global
Global: BTRC to disable multiple SIMs under one NID by November 30
The Bangladesh Telecommunication Regulatory Commission (BTRC) will deactivate more than 15 SIMs registered under one national identity (NID.) The telecom regulator has identified ...
Global
Global: Banks to close over depositors increasing demands to withdraw savings in Lebanon
Lebanese banks are planning to close financial operations for three days starting from Monday (sept 19, 2022) amid increasing demands by angry depositors ...
Global
Global: Bank of England Should Hike 100bp to Save the Pound says Credit Suisse
The Bank of England might have to raise its basic interest rate by 100 basis points and go all the way to 5% ...
Global
Global: European Central Bank chooses Amazon and 4 other firms to prototype digital euro app
The five fintech, payments and e-commerce firms will create front-end prototypes for the digital euro, which will not be used in later phases ...
Global
Global: White House releases a Crypto Regulatory Framework
With crypto adoption on the macro-rise, regulators have keenly been keeping an eye out on the space. Of late, they’ve also been addressing ...
Global
Global: US SEC Sues Crypto Firm Over Alleged Fraud, Operating Without License
The United States Securities and Exchange Commission (SEC) has sued a Cryptocurrency Investments Company, Chicago Crypto Capital (CCC). The SEC is accusing the ...
Global
Global: Norway’s central bank taps Ethereum for CBDC work
Norway’s central bank has made the source code for its CBDC sandbox publicly available and confirmed that the prototype infrastructure for the project ...
