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PPRO catches the UPI cross-border-payments wave

Payments platform PPRO recently closed €85 million ($92 million) in funding from existing and new investors. “That 85 million turned a lot of heads, because...

Swiss central bank believes retail CBDCs could destabilize financial system

Swiss National Bank (SNB) Chairman Thomas Jordan said the central bank “sees no need” to issue a central bank digital currency (CBDC) for public...

Swiss central bank believes retail CBDCs could destabilize financial system

Swiss National Bank (SNB) Chairman Thomas Jordan said the central bank “sees no need” to issue a central bank digital currency (CBDC) for public...

Laos and Brunei Joins ASEAN’s Initiative for Real-Time Cross Border Payments – Fintech Singapore

by Fintech News Singapore April 4, 2024 The Central Bank of Brunei Darussalam (BDCB) and the Bank of the Lao PDR (BOL) have formally joined the...

European Central Bank Taps Bloomberg for Electronic Trading Platform Contracts

Bloomberg has secured contracts with the European Central Bank (ECB) to provide Electronic Trading Platforms (ETPs). These contracts allow Bloomberg to offer ETPs for trading various...

COSMIC Platform Goes Live in Singapore to Combat Financial Crime – Fintech Singapore

by Fintech News Singapore April 1, 2024 The Monetary Authority of Singapore (MAS) has officially rolled out the COSMIC platform, a digital initiative aimed at bolstering...

VCREDIT business has grown steadily through refined operations in FY2023

HONG KONG, Mar 27, 2024 - (ACN Newswire) - VCREDIT Holdings Limited ("VCREDIT" or the "Group"; stock code: 2003.HK), a leading independent online consumer...

SWIFT Planning to Launch a New Product That Links CBDCS to Existing Financial System

SWIFT, or the Society for Worldwide Interbank Financial Telecommunication, is a global messaging network used by banks and other financial institutions to securely transmit...

Craig Wright’s “Satoshi Nakamoto” Claim Debunked in UK Court Ruling

In a collective effort, the regulatory authorities in Kuwait, represented by the Central Bank of Kuwait, the Capital Markets Authority, the Ministry of Commerce...

BSP: CBDC Pilot Completion by the End of 2024 | BitPinas

Deputy Governor Mamerto Tangonan disclosed in a press briefing last March 6 that the Bangko Sentral ng Pilipinas (BSP) plans to finish its pilot...

For Hong Kong, stablecoins go beyond payments

Hong Kong is not the first jurisdiction to come up with a regulatory regime for stablecoins. But its response may become the most significant. That...

European Central Bank: Digital Euro for Payments Only, Not Investment or Holding 

A digital Euro CBDC will be “designed for making payments, not for investment,” explained Ulrich Bindseil, Jürgen Schaaf, and Executive Board member Piero Cipollone...

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