Fintech News
JANUARY 21, 2025
Similarly, Project Nexus , spearheaded by the Bank for International Settlements (BIS), aims to improve cross-border payment systems through faster, cheaper, and more transparent transactions. The initiative seeks to establish multilateral linkages of national retail payment systems.
The Payments Association
DECEMBER 9, 2024
The UK government and the FCA will further develop and implement these regulations through consultations and legal frameworks, aiming for a comprehensive rollout by 2026. As we approach 2025, the intersection of cryptocurrency and payment services is set to undergo transformative changes. What’s next?
Fintech Finance
JULY 1, 2024
The digital euro preparation phase is progressing well and we support the ongoing democratic debate on the legal framework for the digital euro,” said Executive Board member Piero Cipollone, who chairs the High-Level Task Force on a digital euro. The digital euro is a common European endeavour.
PYMNTS
MAY 24, 2018
They are all taking deposits and making payments,” said Botin, according to the Financial Times. Botin wants a “single legal framework for data,” noted the report. There’s also worries about the market share grab from the likes of Alibaba and Tencent in China, which are in the lead when it comes to retail payments.
Finovate
JANUARY 24, 2025
Shabi: Complying with the MiCA framework is the first thing that comes to mind when cryptocurrency and the EU are mentioned in the same sentence. MiCA is the EUs first comprehensive legal framework for crypto assets that introduces clear and consistent rules across member states. raised $4.5 in seed funding.
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