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HKMA Unveils Stablecoin Sandbox Participants, Ensuring ‘Sustainable and Responsible Development’

The Fintech Times

The Hong Kong Monetary Authority (HKMA) has revealed the participants for its stablecoin issuer sandbox, which will be able to test plans to issue a stablecoin in Hong Kong. HKMA expects all sandbox participants to comply with the sandbox requirements.

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Thailand Post Set to Join Virtual Banking Race After Board Nod

Fintech News

Thailand Post is positioning itself to join the virtual banking licensing race following approval from its board, according to a report by the Bangkok Post. This approach would diversify Thailand Post’s services and expand financial access to more segments of the population.

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X9 Seeks Participants To Standardize Single-Use Virtual Purchase Cards

The Nilson Report

The post X9 Seeks Participants To Standardize Single-Use Virtual Purchase Cards appeared first on Nilson Report.

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Project mBridge Reaches MVP Stage, Expands International Participation

The Fintech Times

The platform now invites further international participation and private sector proposals for value-added solutions. The Saudi Central Bank (SAMA) has recently joined as a full participant, with over 26 other central banks observing. In 2022, a pilot involving real-value transactions demonstrated the platform’s capabilities.

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Zircuit Raises Mainnet Funding Round With Participation From Binance Labs, Mirana Ventures, And Others

Fintech Review

To learn more about Zircuit, users can visit zircuit.com or read the developer docs at docs.zircuit.com To participate in Build to Earn, users can visit: [link] To participate in Zircuit Staking, users can visit: [link] About Zircuit Zircuit is a ZK rollup with AI-enabled sequencer-level security and parallelized circuits.

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Federal Reserve Financial Services Introduces FedNow® User Group to Promote Collaboration, Engagement Among More Than 600 FedNow Participants

Fintech Finance

Federal Reserve Financial Services (FRFS) has introduced the new FedNow User Group to continue promoting collaboration among the 607 participating financial institutions and their service providers on the FedNow Service network.

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TrueLayer becomes first participant in SEPA Payment Account Access Scheme (SPAA)

Fintech Finance

The post TrueLayer becomes first participant in SEPA Payment Account Access Scheme (SPAA) appeared first on Fintech Finance. The project aims to stimulate adoption of account to account payments, create a meaningful alternative to card companies, and help position the EU as a global digital leader.