PYMNTS

JANUARY 14, 2021

As quoted by Reuters, she termed the cryptocurrency a “highly speculative asset, which has conducted some funny business and some interesting and totally reprehensible money laundering activity.” She went on to say that “there has to be regulation. This has to be applied and agreed upon.

Money Laundering 61

Money Laundering Bitcoin Regulations Central Bank 61

PYMNTS

FEBRUARY 28, 2020

28) that digital currencies could potentially dry up lending for banks and affect the economy as a whole, according to a report by Reuters. Many central banks around the globe are wrestling with the implications of digital currencies and how they will affect a country’s financial health.

Digital Currency 95

Digital Currency Central Bank Stablecoins Money Laundering 95

PYMNTS

NOVEMBER 2, 2020

31, focuses on anti-money laundering (AML) practices and countering financing terrorism (CFT). Their research will begin with a proof-of-concept for a CBDC operated on distributed ledger technology (DLT) to test the proposed coins’ use cases in payment settlements, the release stated. 31), according to a press release.

CBDC 64

CBDC Distributed Ledger Technology (DLT) Visa AML 64

PYMNTS

FEBRUARY 27, 2020

Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said that before they issue their own digital currencies, central banks around the world should attempt to get a better understanding of the pros and cons of the process, according to a report by Reuters.

Central Bank 64

Central Bank Digital Currency Money Laundering CBDC 64

Fintech News

JANUARY 30, 2024

Other payment trends in Asia preceding 2024 including the rise of B2B buy now pay later (BNPL), growing prominence of central bank digital currency (CBDC), and prevalence of composable, cloud-based ‘as-a-Service’ IT architecture models have helped shape much of what we anticipate for 2024.

Payments Trends 122

Payments Trends Digital Currency Distributed Ledger Technology (DLT) Cross-Border Payments 122

Fintech News

DECEMBER 20, 2023

Efforts were also made to advance digital assets, tokenization and central bank digital currency (CBDC) experimentation with initiatives such as Project Guardian and Project Orchid expanding to include more use cases and moving towards “live” pilots.

FinTech 111

FinTech Cross-Border CBDC Web 3.0 111

PYMNTS

FEBRUARY 25, 2020

Blockchain circles have been enamored with central bank digital currencies (CBDCs), but the feeling doesn’t seem to be mutual as banks aren’t as interested in that form. At the conference, ideas about digital currencies were discussed, according to Coindesk.

Rules 52

Rules CBDC Money Laundering Digital Currency 52

PYMNTS

OCTOBER 18, 2019

The Bank of Canada is thinking about launching its own digital currency. Earlier this year, the Canadian government decided to ease up on some of its new anti-money laundering regulations, due to feedback from payment service providers and crypto exchanges.

CBDC 40

CBDC Digital Currency Central Bank Money Laundering 40

Fintech News

FEBRUARY 27, 2024

The Reserve Bank of Australia (RBA) also played a crucial role by exploring the concept of retail and wholesale Central Bank Digital Currencies (CBDC) through its eAUD pilot programme , which focused on a wide array of use cases and essential legal aspects.

APACS 132

APACS Regulations Stablecoins Cryptocurrency 132

Neopay

MAY 28, 2024

The discussion focused around 6 main areas, namely: (i) regulatory and market developments and financial stability outlook, (ii) banking and anti-money laundering (AML), (iii) sustainable finance (iv) capital markets (v) asset management, and (vi) digital finance and artificial intelligence (AI).

Distributed Ledger Technology (DLT) 52

Distributed Ledger Technology (DLT) Money Laundering AML AI 52

Open Banking Excellence

MAY 2, 2024

Within all our projects – which range from central bank digital currencies (CBDCs) to Know-Your Customer (KYC) APIs – we aim to lower entry barriers for new entrants into the ecosystem. We have an Open Banking and Open Finance movement already, as well as CBDC concepts moving to the pilot stage.

Interoperability 147

Interoperability Payment APIs and Integration Central Bank Cross-Border 147

Fintech News

DECEMBER 10, 2023

This approach not only serves to advance financial inclusion but also acts as a robust deterrent against the risks associated with money laundering. The evolving payment landscape Edward underscored that the payment landscape continually evolves, with innovations such as central bank digital currencies (CBDCs) gaining prominence.

Addressing 122

Addressing Fraud Prevention Financial Inclusion Payments 122

The Payments Association

MARCH 18, 2025

During the Biden Administration, the US Federal Reserve (the Fed) explored plans for Project Cedar, an early-stage framework for a potential central bank digital currency (CBDC). Senator Lee has been among the most vocal opponents of a US CBDC, expressing concerns about potential government overreach.

Federal Reserve 88

Federal Reserve Stablecoins Fed Settlement 88

Fintech News

MAY 29, 2025

While jurisdictions like Japan, Singapore, and Hong Kong are actively developing regulations, others like China and India are taking a restrictive stance, favoring central bank digital currencies (CBDCs) over private stablecoins. In tandem, India is advancing its own CBDC initiative. million (US$2.8

Stablecoins 90

Stablecoins Regulations Issuers Digital Currency 90

The Payments Association

APRIL 14, 2025

These assets will be subject to standards akin to those applied to traditional payment service providers, covering areas such as capital requirements, governance, operational resilience, and anti-money laundering (AML) compliance. For firms operating in or entering the crypto space, this signals a decisive regulatory pivot.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88