Global
Global: New York Senate votes for bitcoin mining moratorium
The New York State Senate has passed a bill establishing a moratorium on cryptocurrency mining using carbon-based power sources. The bill, which was ...
Global
Global: IMF says Russia held nearly a third of the world’s yuan reserves by December 2021
Russia held nearly a third of the world’s renminbi (Yuan) in reserves by December 2021 amid the decline of the dollar’s share of ...
Global
Global: Singapore banks take further step to tackle digital scammers
Singapore’s banks are stepping up their defences against scammers, rolling out a host of measures, including an emergency self-service kill switch for customers ...
Global
Global: EU chief prosecutor accuses Ireland of delaying financial crime investigation
‘We had to postpone everything because we didn’t receive this answer,’ says head of European Public Prosecutor Office The European Union’s chief prosecutor ...
Global
Global: Fintech unicorn Slice raises $50 million in funding led by Tiger Global
Fintech unicorn Slice has raised $50 million in funding led by Tiger Global. Fintech unicorn Slice has secured $50 million (about ₹387 crore) in ...
Global
Global: UK neobank Kroo raises £26 million in Series B funding
London-based neobank Kroo has raised £26 million ($33 million) in a Series B funding round, despite the pace of fintech funding slowing down ...
Global
Global: Binance raises $500 million fund to invest in ‘Web3’ as crypto slides into bear market
Binance, the world’s largest cryptocurrency exchange, is launching its own venture capital fund. The company’s venture arm, Binance Labs, said Wednesday it has ...
Global
Global: Regulators seek legal ground for revoking licences of firms who breach AML rules
European regulators are pushing for new laws that would give them the power to revoke licences for firms in serious breaches of anti-money ...
Global
Global: Fireblocks appoints Bank of England head of fintech Varun Paul as CBDC lead
Digital asset firm Fireblocks has appointed the former head of fintech at the Bank of England, Varun Paul, as its new central banking ...
Global
Basel Committee finalises principles on climate-related financial risks, progresses work on specifying cryptoassets’ prudential treatment and agrees on way forward for the G-SIB assessment methodology review
Basel Committee finalises principles for effective management and supervision of climate-related financial risks. Progresses work on specifying cryptoasset prudential treatment and issuing a ...