Global
Digital yuan pilots expand to insurance industry for the first time
China’s central bank digital currency can now be used on insurance policies that offer various levels of compensation for diagnosis of or death ...
Global
BSP gives Philippines a fourth digital bank player: UnionBank
Aboitiz-led Union Bank of the Philippines received a green light from the Bangko Sentral ng Pilipinas to establish its own digital bank, joining ...
Global
Canada CBDC ‘Probably Necessary’ for Competition, Central Bank Says in Paper
A central bank digital currency is “probably necessary” for a competitive digital economy, the Bank of Canada said in a staff paper published ...
Global
Bank of Korea selects Kakao’s blockchain arm for digital currency tests
The central bank of South Korea has chosen a blockchain subsidiary of local internet giant Kakao as a technology provider for its digital ...
Ethopia
France’s Orange submits interest for stake in Ethio Telecom
France’s telecom firm Orange has submitted an expression of interest to participate in the ongoing partial privatisation of Ethiopia’s Ethio Telecom firm, Ethiopia’s ...
Global
Janet Yellen: We Must ‘Act Quickly’ on Stablecoin Regulation
U.S. Treasury Secretary Janet Yellen met with the heads of multiple federal agencies on Monday to discuss how to regulate stablecoins, a type of ...
Global
Mastercard Taps Circle for USDC Settlement Pilot
Circle and Mastercard have announced an engagement to use USDC to facilitate crypto-to-fiat conversions in a pilot program to expand the ability of ...
Global
National Bank of Ukraine issues accreditation to Paysera
The National Bank of Ukraine has included fintech Paysera in the country’s Register of Payment Systems. After technical preparation, the company will be able to offer faster ...
Global
Central Bank of the UAE issues retail payment services and card schemes regulation
The Central Bank of the UAE (CBUAE) has unveiled the Retail Payment Services and Card Schemes Regulation, the fourth regulation in the enhancement journey as ...
Global
US-based regulators consult on third-party relationships guidance
The US-based federal bank regulatory agencies have requested public comment on proposed guidance designed to help banking organisations manage risks associated with third-party relationships. This ...
