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 114

APACS Regulations Stablecoins Cryptocurrency 114

PYMNTS

DECEMBER 9, 2020

It takes significant resources when developing an exchange in-house to locate and pay liquidity providers, know-your-customer (KYC) providers, custodians, cybersecurity providers and anti-money laundering providers (AML) — while also convincing financial institutions to function as the role of fiat on-off ramps, according to the post.

AML 70

AML Travel Rule Money Laundering Blockchain 70

Global Fintech & Digital Assets

JANUARY 8, 2024

Certain financial instruments such as deposits, securities or futures contracts, SVFs, central bank digital currency, and limited-purpose digital currency would be exempt from the regime. Governance and risk management requirements would be imposed.

Stablecoins 59

Stablecoins Consulting Issuers Non-Bank 59

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

JANUARY 24, 2024

In May 2023, the MAS released a Consultation Paper on amendments to the Payment Services Regulations 2019, introducing new measures for Digital Payment Token (DPT) services, including a requirement for customer asset safekeeping under statutory trust. The company is headquartered in Boston, Massachusetts.

Service Provider 98

Service Provider Cryptocurrency Payments Institute Stablecoins 98