Global
Global: China Aims to Extend Social Credit System to the Metaverse: Report
Reports suggest that China is considering implementing a system similar to its social credit system in the metaverse and other online virtual environments. ...
Global
Global: China’s Financial Regulators Emphasize Support for Addressing Local Debt Risks
Chinese financial regulators, both at the central and regional government levels, convened in a video conference on Friday to deliberate on resolving financial ...
Global
Global: MAS Establishes Comprehensive Regulatory Framework for Stablecoins
The Monetary Authority of Singapore (MAS) has finalized a comprehensive regulatory framework for stablecoins after taking into consideration feedback received during a public ...
Global
Global: India Harnesses AI for Voice-Activated Mobile Payments Expansion
India is harnessing the power of artificial intelligence (AI) to extend digital payments into rural areas. As reported by the Financial Times (FT) ...
Global
Global: Hong Kong Ranks 4th Globally for Ease of Business, While Indonesia and Mainland China Are the Most Complex in APAC
TMF Group, a prominent provider of compliance and administrative services, has recently released the tenth edition of its Global Business Complexity Index (GBCI). ...
Global
Global: RBI Permits Infrastructure Debt Funds to Raise Funds via Foreign Loans for Enhanced Financing
The Reserve Bank of India (RBI) has announced that infrastructure debt fund non-banking financial companies (IDF-NBFCs) are now authorized to gather funds through ...
Global
Global: US SEC Set to Enforce New Regulations for $20 Trillion Private Fund Industry
The leading regulator on Wall Street is poised to implement fresh transparency regulations for the private investment fund industry, valued at $20 trillion. ...
Global
Global: Wirex Collaborates with Sumsub to Ensure Virtual Asset Compliance and Transaction Security
Wirex, a digital payment company, has joined forces with Sumsub, a global verification platform, to enhance its compliance with regulatory requirements. Sumsub will ...
Global
Global: Indonesia and Singapore to Implement QR Code Payments for Cross-Border Transactions
The central banks of Indonesia and Singapore are gearing up to integrate QR code technology into their payment systems, allowing for seamless cross-border ...
Global
Global: UK Launches £1 Billion Fintech Fund to Compete with Silicon Valley
The United Kingdom has introduced a £1 billion Fintech Growth Fund, partnering with major players like Mastercard, Barclays, and the London Stock Exchange ...
