Swiss regulator reminds blockchain FinTech companies that they “cannot be allowed to circumvent” AML...
Switzerland’s Financial Market Supervisory Authority (FINMA) has issued new guidance for blockchain and cryptocurrency FinTech companies, warning them against breaking anti-money laundering (AML) laws.
EU’s finance commissioner promises to introduce new cryptocurrency laws in response to Libra
Facebook’s cryptocurrency may be facing more regulatory supervision as the EU’s finance commissioner has pledged to introduce new law proposals for digital money.
Cybercrime is rife in Latin America but is often overlooked study finds
Drug cartels, political corruption, economic struggles and internet censorship are all factors that have contributed to making Latin America a hotbed for cybercrime, according to a new report.
20 FinTech rounds from last week you can’t afford to be unaware of
FinTech companies, RegTech ventures, InsurTech startups and challenger banks raised money in the last week. This is what you can learn from the 20 FinTech rounds we reported on.
Norway is in no rush to introduce digital currency as use of cash plummets
While only 4% of transactions in Norway are conducted with cash, the nation's central bank is in no hurry to introduce a digital currency.
MoneyGram steps back from partnership with Ripple over SEC lawsuit
Remittance firm MoneyGram suspends trading on Ripple’s payment platform, RippleNet, citing the ongoing $1.3bn lawsuit filed by the U.S. Securities and Exchange Commission (SEC).
Does Tesla pulling out of crypto as a payment means paint a bittersweet picture...
While the value of cryptocurrencies continued to grow astronomically, it came crashing down to earth after Tesla’s sudden u-turn from using bitcoin as payment. However, experts think this will hardly undermine its potential as mainstream investments and payment means.
Over half of crypto experts believe bitcoin will replace fiat money by 2050
A recent survey has found that over half of the experts who took part believe bitcoin will become more dominant than money issued by central banks in less than 30 years.
Financial inclusion on the mind of Sri Lanka with payment solution launch
The Central Bank of Sri Lanka (CBSL) has introduced LANKAQR, a new digital payment solution focused on reducing cash reliance and bolstering financial inclusion.
Why cryptocurrency is on the long road to compliance
As cryptocurrency continues its break-neck rise in popularity and usage, the calls by lawmakers and the financial industry for its greater regulation are getting louder and louder.