Global
IMF Warns Stablecoins Could Pose ‘Contagion Risk’ to Global Financial System
A new report by the International Monetary Fund argues for regulations that ensure investors know how stablecoins are backed. In its 2021Â Global Financial ...
Global
EBA Clearing, Swift and TCH test instant cross-border payments
Banks from both sides of the Atlantic have successfully exchanged real-time cross-border payment messages as part of a proof-of-concept trial conducted with Swift, ...
Global
Bank of England Issues Warning to Financial Institutions Thinking of Adopting Crypto
The Financial Policy Committee (FPC) of the Bank of England has issued a warning to financial institutions considering jumping into the crypto markets. ...
Global
Court Ruling Threatens 17 Crypto Exchanges in Russia
Another batch of Russian online crypto exchanges in Russia face closure following a recent decision by a regional court. Information published on their ...
Global
G7 Nations Set to Release Guidelines For CBDC Issuance
The G7 council consisting of seven industrialized nations is set to issue guiding principles for issuance of Central Bank Digital Currencies (CBDC). The G7 council ...
Global
Latvian authorities adopt a new reporting system for suspicious transactions and threshold declarations
Latvian Office for Prevention of Laundering of Proceeds Derived from Criminal Activity (FID) has commenced the adoption an internationally recognized goAML software, which ...
Global
Visa boosts anti-fraud measures with Callsign
Visa has chosen UK-based regtech company Callsign to be its preferred behavioural biometric digital and device intelligence identity provider. This deal will see Visa implement Callsignâs ...
Global
CBDC a âhigh possibilityâ in South Korea, first test could take place before December
In the crypto sector, South Korea enjoys quite a bit of fame thanks to its âKimchi Premiumâ and large alt coin market. However, the countryâs ...
Global
Microsoft set to roll out financial services cloud
Microsoft has announced it will launch a financial services-specific cloud offering on 1 November 2021, with Virgin Money UK becoming one of its early ...
Global
AWS cautions gov against rushing in more cyber security regulations
Amazon Web Services has urged the US federal government to hold off imposing any further cyber security regulations on businesses before a range ...
