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 ...
Global
Instalment payments in demand in France, Ecommerce News Europe reveals
Ecommerce News Europe has revealed that 30% of France-based consumers have already resorted to instalment payments. According to Ecommerce News Europe, instalment payments, in ...
Global
IMF, World Bank, BIS Recommend Countries Work Together on CBDCs to Enhance Cross-Border Payments
The International Monetary Fund (IMF), the World Bank, and the Bank of International Settlement (BIS) have conducted an extensive study of using central ...
Global
U.S. regulators meet to discuss stablecoins – U.S. Treasury Secretary
As authorities begin to take more notice of the rapidly expanding class of digital currencies, U.S. Treasury Secretary Janet Yellen has stated that ...
Global
Japan to Implement Stricter Rules on Stablecoins: Report
The Japanese government intends to put stablecoins under strict regulation as some authorities consider them a threat to the country’s financial stability. At ...
Global
Eurosystem launches digital euro project
The Governing Council of the European Central Bank (ECB) has launched the investigation phase of a digital euro project. Following the decision, the ...
Global
Record £180m worth of crypto seized by Met Police in money laundering probe
A seizure of £180 million worth of cryptocurrency by London’s Met Police is the largest of its kind in the UK, following on ...
Global
White House backs US open banking reform
Within a broad executive order addressing competition across various industries, the White House has reiterated its support for US open banking reform. Specifically, ...
Global
Singapore and France Set To Trial Global Transactions Through CBDCs
Central banks of Singapore and France are developing a digital coin interoperability system that will support various global CBDCs. The Financial authorities of ...