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Over 40 leading private banking institutions have joined Project Agora, a Bank for International Settlements (BIS) initiative to integrate smart contracts to change the current payment flow standard. The objective…
The Commodity Futures Trading Commission (CFTC) has partnered with several organizations, including the Securities and Exchange Commission (SEC), to educate the public about cryptocurrency scams, especially those involving fake romantic…
Ramp Network, a fintech company, has extended its cryptocurrency purchasing services to encompass all 50 U.S. states, including the District of Columbia. This growth, Ramp explained on Tuesday, broadens its…
Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto market collapse, with a $2 trillion loss, where effective supervision…
Qatar has launched a new framework to regulate digital assets, aiming to create a secure and transparent ecosystem. The framework is expected to attract domestic and international players and support…
HDFC Bank, a leading private sector bank in India, has introduced new features for Unified Payments Interface (UPI) and central bank digital currency (CBDC) to enhance digital banking for its…
Omnisient, a South African fintech startup, secured a $7.5 million Series A investment from Arise to support its mission of enhancing financial inclusion across Africa and beyond. The investment will…
Egyptian fintech startup Lucky has raised $3 million in a convertible note round to expand its credit services and contribute to Egypt’s financial inclusion goals. The funding will support Lucky’s…
India’s central bank, the Reserve Bank of India (RBI), published its August bulletin on Monday. The report discusses several aspects of central bank digital currency (CBDC) and its implications. The…
Mastercard, the American multinational financial giant, recently revealed it has partnered with the fintech firm Scale to accelerate the deployment of fintech firms in Africa and the Middle East. Amnah…