Fintech News

JANUARY 24, 2024

The Money-Changing License will enable businesses to conduct money-changing services; the Standard Payment Institution License allows them to conduct multiple payment services below specified thresholds, and the Major Payment Institution License allows businesses to conduct multiple payment services without any transaction volume or float limits.

Service Provider 98

Service Provider Cryptocurrency Payments Institute Blockchain 98

PYMNTS

NOVEMBER 20, 2019

The world seems to be divided into two camps, at least when speaking generally: Those who think bitcoin and other digital currencies provide the promise of transactional efficiency in the coming year, and those who view cryptocurrency as mainly a way for drug dealers, terrorists, fraudsters and others to operate in the shadows.

Travel Rule 49

Travel Rule Rules Digital Currency Cryptocurrency 49

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

Global Fintech & Digital Assets

JANUARY 8, 2024

In November 2023, the Bank of England , the Financial Conduct Authority , and the Prudential Regulation Authority issued discussion papers and guidance setting out their proposed regulatory framework for stablecoin issuers, related payment systems, and service providers. Standard supervisory powers granted to the HKMA.

Stablecoins 59

Stablecoins Consulting Issuers Non-Bank 59