Global
UK to consult on possible central bank digital currency
The Bank of England and Britain’s finance ministry said on Tuesday that they would hold a formal consultation next year on whether to ...
Global
Digital Currencies to Be Considered as Legal Tender: European Central Bank
Foreign CBDCs are most likely going to be considered legal tender by European Central Bank Central Bank Digital Currencies (CBDCs) developed by foreign ...
Global
Blockchain can reduce costs in cross-border settlement – Juniper research
A new report from Juniper Research has found that deployment of blockchain for cross-border settlement will drive increasingly significant cost savings for banks. This can ...
Global
Indonesia to launch retail payment system infrastructure
Bank Indonesia has delivered Bi-Fast, a real-time payment system infrastructure, to serve industrial consolidation and end-to-end integrated digital economy. BI-FAST is a national retail ...
Global
MAS and BSP to pursue cross-border payment linkages
The Monetary Authority of Singapore and the Bangko Sentral ng Pilipinas have signed an enhanced fintech Cooperation Agreement to facilitate interoperable payments between Singapore and the Philippines.The ...
Global
RedCloud Announces Expansion of its Open Commerce Marketplace
First frictionless platform developed to solve the global supply chain problem RedCloud (www.RedCloudtechnology.com) has announced the availability of its open commerce platform, a ...
Global
Google.org awards $25,000,000 grants to organizations creating economic opportunities for women, girls
In March 2020, Google.org announced a $25 million Google.org Impact Challenge for Women and Girls to support organizations focused on gender equity in recognition that ...
Global
FATF Updates List Of Jurisdictions With AML/CFT/CPF Deficiencies
FinCEN informed financial institutions of changes to the Financial Action Task Force’s (“FATF’s”) list of jurisdictions with AML deficiencies. The following changes were made to ...
Global
Kazakhstan Senate approves legislation regulating crypto service providers
The country’s legislature has passed a law that would impose financial monitoring on crypto platforms. According to new legislation passed by the upper ...
Global
Unlimint set to launch eCommerce platform, increase global digital presence
Global fintech company, Unlimint has announced plans to launch its own eCommerce platform for businessmen who want to increase their global digital presence ...