New start comes back to India after the removal of the angel tax and highlights positive changes in the business landscape, mentioned Amardeep Singh Bhatia, secretary for the department for marketing industry and internal trade (DPIIT). DPIIT works to improve…
Cambodia may not grab the headlines as a blockchain hub, but the Southeast Asian nation has been quietly growing its blockchain-based payments system for five years. New rules have now been issued that describe how the banks can manage stablecoins…
Dilip AsbeManaging Director and CEO of National Payments Corporation of India (NPCI), Seeking Significant support from India’s Central Bank (RBI), the government and the financial ecosystem to find ways to bring an additional 200-300 million people to Unified Payments Interface…
In November 2024, South Korean supervisory authorities launched one Investigation of Upbitthe country’s largest digital exchange exchange, to allegedly offend Know your customer (KYC) rules. The exchange is approaching to know its fate as the tension rises among other exchanges…
Kenya recently proposed new laws for the digital asset sector in a bid to tame the fast-growing industry, estimated to have attracted nearly 10% of the population. The new laws pushed by the country’s finance ministry could usher in a…
The European Securities and Markets Authority (ESMA) has set strict deadlines for digital asset firms to limit non-compliant stablecoins under the European Union’s Crypto asset markets (MiCA) regulations no later than “at the latest” March 31. In one January 17…
In recent years, there has been much talk about whether the BRICS could pose a serious challenge to US global financial dominance and the status of US dollar as world reserve currency. Although some are quick to dismiss the BRICS…
Earlier this month, South KoreaThe financial regulator indicated it was considering introducing new rules that would allow institutions to hold digital assets. The sector welcomed the news as it would add liquidity and further legitimize the industry. But that one…
Drugs, ransomware, sanctions evasion and espionage – these are just some of the crimes uncovered by a global investigation into financial crimes and money laundering networks. Operation Destabilize, led by Britain’s National Crime Agency (NCA), targeted large-scale money laundering networks…
Singapore-based multinational bank OCBC has announced a solution for companies looking to diversify their assets using blockchain technology. Web 3-based solution implies tokenizing company assets and eventually sell them to accredited investors in the ecosystem, according to local reports. OCBC’s…
