Global
SEC Chairman Gary Gensler Stresses Crypto Markets Are Open to Manipulation, Investors Vulnerable
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has called for more investor protection in crypto markets. “This asset ...
Global
Okonjo-Iweala tops Financial Times’ 25 most influential women of 2021
Nigerian-born Ngozi Okonjo-Iweala has been named among Financial Times’ 25 most influential women of 2021. Okonjo-Iweala, who is also the Director-General of the ...
Global
South Korea postpones tax on crypto
South Korean regulators have delayed plans to tax virtual assets until 2023 amid pressure from the opposition. The proposed tax would have levied ...
Global
The Payments Association releases report about SCA adoption in the UK
The Payments Association has announced a new report, which takes the pulse of the payments industry to determine the status of SCA compliance. The ...
Global
Moody’s acquires PassFort and expands KYC and compliance capabilities
Moody’s Corporation has acquired PassFort and entered into an agreement to acquire kompany – two European providers of onboarding and KYC solutions. The acquisitions complement Moody’s technology, data, ...
Global
Bank of Ireland fined €24.5m by Central Bank for regulatory breaches
Bank of Ireland has been fined €24.5m by the Central Bank for regulatory breaches related to its IT systems and related internal controls. ...
Global
New Crypto and Blockchain Association Launches in Iran
A recently established crypto industry association in Iran has commenced activities under the country’s chamber of commerce. Its management hopes to help remove ...
Global
FCA to double fees charged to regulated firms
The Financial Conduct Authority is proposing to double the fees charged to member institutions under its ambit. Under the proposals, the minimum fee, ...
Global
Fed Chair Jerome Powell Announces Partnership With Bank for International Settlements To Analyze Digital Currencies
U.S. Federal Reserve Chair Jerome Powell is revealing a partnership between the Federal Reserve System and the innovation arm of the global central ...
Global
Central banks of UAE and Indonesia join forces to boost payment systems
Central Bank of Indonesia and that of the United Arab Emirates have signed a memorandum to improve payment system cooperation. The agreement aims to make payments more ...