Regulatory

NPCI MD Forecasts Next Fintech Wave Driven by Programmable and Offline...

In a recent panel discussion at Mumbai Tech Week, National Payments Corporation of India (NPCI) Managing Director Dilip Asbe asserted that the Reserve Bank...
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Saudi Finance Minister Urges Accelerated Regulatory Reforms for Speedier Financial Changes

In a panel session at the third Saudi Capital Market Forum, Finance Minister Mohammed Al-Jadaan expressed his view that while Saudi Arabia has shown...
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EU Reaches Provisional Agreement on Sweeping Anti-Money Laundering Measures for Cryptocurrency...

How EU Reaches Provisional Agreement on Sweeping Anti-Money Laundering Measures for Cryptocurrency? In a landmark development, European Union policymakers have reached a preliminary agreement on...
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UK: Digital Securities Sandbox for financial market infrastructures

Date: 08 January, 2024On January 8, 2024, the Financial Services and Markets Act 2023 (Digital Securities Sandbox) Regulations 2023 officially took effect, introducing the...
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Regulatory regime for systemic payment systems using stablecoins and related service...

Date: 06 November, 2023 In a bid to navigate the rapidly evolving landscape of digital assets in the private sector, the UK government has taken...
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Bank of England and FCA Seek Feedback on Potential UK Stablecoin...

Date: 11 November, 2023 Leveraging the groundwork laid by recent crypto marketing regulations, the Financial Conduct Authority (FCA) in the UK is collaborating with the...
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Asian Consumers Could Soon Be Paying With Stablecoins

Date: 05 January, 2024 In the decade since their introduction as an asset class, stablecoins in the cryptocurrency market, touted for their stability amidst market...
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A Guide to Central Bank Digital Currency Product Development

Date: 08 September, 2023 In the rapidly advancing landscape of central bank digital currency (CBDC) initiatives worldwide, there is a growing demand for a specialized...
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PayPal Launches a Stablecoin in Latest Crypto Payments Push

Date: 07 August, 2023   In a groundbreaking move, PayPal has entered the stablecoin arena, launching its own dollar-denominated stablecoin named PayPal USD. Despite heightened scrutiny...
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Global regulators seek to crack down on decentralised finance

Date: 07 September, 2023 In a significant move, global securities regulators have unveiled a blueprint aimed at holding participants in "decentralized finance" (DeFi) accountable for...
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Bank of England says may need limits on using stablecoins for...

Date: 17 April, 2023 In a statement on Monday, Bank of England Deputy Governor Jon Cunliffe suggested the necessity of imposing initial limitations on the...
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EU watchdog sets out capital, liquidity rules for stablecoin issuers

Date: 08 November, 2023 On November 8, the European Union's banking watchdog introduced proposals mandating that issuers of stablecoins backed by currencies must possess adequate...
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EU watchdog calls for early adoption of stablecoin standards

Date: 12 July, 2023 In a bid to enhance oversight and mitigate risks, the European Union's banking watchdog has called on stablecoin issuers to voluntarily...
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FCA and BOE release discussion papers on stablecoin regulations in the...

Date: 07 November, 2023 On November 7, the United Kingdom's Financial Conduct Authority (FCA) and the Bank of England (BOE) jointly released discussion papers outlining...
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Global regulators to review bank capital rules for stablecoin exposure

Date: 07 December, 2023 On December 7, global banking regulators announced plans to initiate consultations regarding potential revisions to the capital adequacy requirements for banks...
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