Global
South Korea’s financial regulator lays groundwork for ICO regulations
South Korea’s 2017 ban on initial coin offerings (ICOs) may soon be overturned following calls by the country’s financial regulatory agency to include ...
Global
UK to make APP fraud reimbursement mandatory
UK’s government is to legislate for mandatory reimbursement for victims of authorised push payment (APP) scams after hundreds of millions of pounds were ...
Global
Brazil’s Central Bank Plans to Launch a CBDC Pilot in 2022: BCB Report
The monetary authority of the Latin American country has said it expects to launch a final version of its central bank digital currency ...
Global
ECB extends oversight of electronic payments to digital wallets and crypto-assets
The European Central Bank has approved a new oversight framework for electronic payments which will include coverage of stablecoins and other crypto-assets. The ...
Global
U.S President Joe Biden Renominates Jerome Powell as Fed Chair
United States President Joseph Biden has put forth Jerome Powell to remain as the chair of the Federal Reserve, subject to Senate approval, ...
Global
World Economic Forum releases findings of interoperability study on three CBDCs
Two CBDCs have been formally introduced and are recognized by international regulators. However, more are unfolding by the day or functioning on an ...
Global
El Salvador Plans to Build Tax-Free Bitcoin City
El Salvador is delving further into bitcoin and plans to issue sovereign bitcoin bonds, Bloomberg reported. The country, which has already made bitcoin ...
Global
Argentina Introduces New Tax on Cryptocurrency Effective Immediately
Argentina’s central bank has introduced a new tax rule for cryptocurrency exchanges, effective immediately. The 0.6% tax on cryptocurrency transactions affects exchanges that ...
Global
SlimPay obtains PIS and AIS approval
SlimPay, European provider of recurring payments solutions for subscriptions, has obtained PIS / AIS (Payment Initiation Service / Account Information Service) approval. This ...
Global
UAE’s central bank issues new guidelines on AML
The Central Bank of the UAE (CBUAE) has issued new guidance on anti-money laundering and combating the financing of terrorism (AML/CFT) for licensed exchange houses ...