Global
Ripple outlines possible regulatory framework for crypto industry in US
Ripple, the company whose executives have often criticized the United States’ seeming lack of regulatory clarity on the cryptocurrency industry, has outlined its ...
Global
Federal Reserve Governors Don’t See Reason to Issue Central Bank Digital Currency
At least three Federal Reserve governors have said that they do not see a reason for the Fed to issue a central bank ...
Global
Binance aims to transform from a technology giant to a financial services company
Binance CEO, Zhao Changpeng has confirmed the exchange platform’s plans to shift from the innovative technology giant that it is, to a financial ...
Global
Philippines Central Bank Exploring Regional Payment Network
Philippine central bank Bangko Sentral ng Pilipinas (BSP) is looking into creating a cross-border payment network across Singapore, Malaysia and Thailand, according to ...
Global
Every Large Bank Will Actively Consider Crypto in 1-3 Years, Says Former Citi CEO
A former CEO of Citigroup said that every major bank and securities firm will consider crypto trading or services within one to three ...
Global
Ripple Powers First-of-Its-Kind Payment Corridor Between UAE and Pakistan
Ripple’s technology will be used for sending instant remittances between the UAE and Pakistan Bank Alfalah, one of Pakistan’s biggest private banks, has ...
Global
Bank of England to launch UK CBDC consultation in 2022
The Bank of England has unveiled its next steps on delivering a central bank digital currency (CBDC). The Bank, alongside HM Treasury, will ...
Global
Singapore and UAE conduct first cross-border digital trade document transfer
Singaporean and UAE financial regulatory organisations have successfully concluded a cross-border digital trade document transfer, the first of its kind. Singapore’s Infocomm Media ...
Global
Global: Bank Negara Malaysia Leading Efforts to Regulate Buy Now Pay Later Schemes in 2022
Bank Negara Malaysia (BNM) announced that it is driving inter-agency efforts to enact the Consumer Credit Act in 2022. Datuk Nor Shamsiah Mohd ...
Global
Western Union Expands Mastercard Partnership to Advance Global Services
Western Union and Mastercard are expanding their 10-year digital partnership to deliver more choice and convenience to customers around the world making payments and cross-border money ...