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 ...
Global
Global: EU Regulator Warns Soaring Inflation Could Drive Investors to Crypto — Calls for Unified Regulatory Framework
Europe’s top securities regulator has warned that soaring inflation could drive investors to cryptocurrencies. Stressing that there is “an imbalance” in how each ...
Global
Global: MAS to test DeFi applications in wholesale funding markets
The Monetary Authority of Singapore is collaborating with JPMorgan, DBS Bank and Marketnode to explore the use of digital assets in tokenization and ...
Global
Global: GSMA says Google, Facebook, others are squeezing telcos’ revenue
The global body of mobile network operators, GSM Association (GSMA), has said that online services providers such as Google, Facebook (Meta), and Netflix, ...
Global
Global: Allpay partners with Payzone to boost cash payments in the UK
Allpay and Payzone will strive to give cash users easy and accessible platforms to achieve their financial obligations Allpay has announced a partnership with Payzone that ...
Global
Global: Australia’s Antitrust Watchdog Sues Mastercard Over ‘Anti-Competitive Conduct’
The Australian Competition & Consumer Commission (ACCC) has brought proceedings against Mastercard for allegedly engaging in anticompetitive practices, according to a Monday (May ...
Global
Global: Paraguay paves the way for crypto regulation despite internal opposition
A new bill for crypto regulation has been approved by Paraguayan Congress despite the central bank and budget commission’s rejection of the project. ...