Global
BitMEX agrees to pay USD 100 M to settle US charges
BitMEX, a virtual currency derivatives exchange, has agreed to pay up to USD 100 million to settle US charges of unlawfully accepting customer ...
Global
55% of the world’s top 100 banks reportedly have crypto and blockchain exposure
Over half of the 100 largest banks by assets under management are reportedly investors in major crypto and blockchain technology-based companies and projects. ...
Global
Crypto and blockchain investments have already doubled 2020’s: KPMG report
Crypto and blockchain investments continue to grow thanks to ever-rising investor interest, according to a new report from Big Four accounting firm KPMG. Titled “Pulse of ...
Global
China Signals More Regulation for Businesses in Coming Years
China released a five-year blueprint calling for greater regulation of vast parts of the economy, providing a sweeping framework for the broader crackdown ...
Global
UBS fined by Hong Kong’s SFC for compliance breaches
The Hong Kong Securities and Futures Commission (SFC) has fined Swiss bank UBS $1.5 million for failing to rectify a series of compliance ...
Global
DBS Vickers Gets Greenlight From Singapore Regulator to Provide Crypto Services
The brokerage arm of Singapore’s DBS Bank has received approval “in principle” from the country’s financial regulator to begin offering crypto services to ...
Global
Samsung Plans to Test Mobile Phone Functionality With South Korea’s CBDC Pilot
Samsung Electronics is reportedly going to be a part of South Korea’s central bank digital currency (CBDC) pilot project. Samsung will participate in ...
Global
JPMorgan launches new real-time payments service
Global payments giant JPMorgan Chase & Co (JPM.N) has launched a real-time payments option that it hopes will increase its edge in the financial industry’s ...
Global
Biometric authentication, contactless payments to continue to rise post-pandemic – study
Juniper Research has published a whitepaper titled, `Cash is No Longer King: How Contactless Payments are Becoming the Norm, showing a rise in biometric ...
Global
Digital Wallet Opportunities in Middle East and Africa: A Whitepaper by Omdia, in partnership with CR2
Digital Wallets have become an entry point for consumers to engage with financial services and they create new opportunities to target the underserved ...