Global
Brexit changes to take effect for payment transfers between UK and EU
The Financial Conduct Authority has reminded UK payment service providers to prepare for changes to the law affecting cross-border payments due to Brexit. The EU’s ...
Global
Fidelity Receives Regulatory Approval to Launch Canada’s First Bitcoin Institutional Solution
Fidelity Clearing Canada ULC has been greenlighted to launch bitcoin custody and trading services for institutions in the country. Canada has its first ...
Global
Neobank N26 confirms exit from US market
German neobank N26 has put a complete stop to its US operations, announcing that its American current accounts will be shut down after January 11, ...
Global
Binance lost 3% of its customers due to KYC requirements – Changpeng Zhao
In a Bloomberg interview with CZ, which is the nickname of Binance CEO, Changpeng Zhao, discussing Binance’s newly released ‘10 fundamental rights for ...
Global
Bank of Russia plans to take fees for CBDC transactions: Report
The Bank of Russia views CBDCs as a responsible alternative to Bitcoin and wants to take fees from CBDC transactions. The Russian central ...
Global
FCA allows use of temporary ‘synthetic’ LIBOR rates
The Financial Conduct Authority (FCA) has confirmed that it will use a temporary “synthetic” version of the London Interbank Offered Rate (LIBOR) for ...
Global
ECB Calls for Urgent Stablecoin Regulations
The European Central Bank has issued a warning about excessive exuberance in different markets, which includes digital currencies. The ECB is urging regulators not to ...
Global
Blockchain Industry to Surpass $67 Billion by 2027: Fintech Report Names 2021’s Most Influential Blockchain Companies
Financial technology (fintech) has exploded during the last two years and cryptocurrency and blockchain firms have bolstered the billion-dollar industry. A recently published ...
Global
ComplyAdvantage Releases Anti-Money Laundering Guide For Digital Banks
The New Guide Provides Digital Banks With Important Insights Including Global and Regional Policy Trends, AML Risk Assessment Considerations And Examples Of Best-In-Class ...
Global
Peru’s central bank joins global push to develop a digital currency
Peru is joining the global push to develop a central bank digital currency (CBDC), central bank President Julio Velarde said on Tuesday, as ...
