11/24/2023
EU considers widening scope of cybersecurity regulation
The draft includes obligations for cloud operations at four security levels
Legal,Regulation,Tax & Compliance
11/24/2023
Embedded Finance Europe applies for EMI licence in France
The updated Directive follows the rapid growth of electronic payments in the EU, which was accelerated by COVID-19 pandemic
11/23/2023
ZA Bank secures approval for US stock trading launch
The Bank plans to roll out U.S. stock trading services in due course upon completion of the pilot trial.
11/22/2023
Bittrex Global to fold
At the time, Mr Burt said the company had six full-time Bermudian staff on-island.
11/22/2023
Binance to pay billions in US in money laundering case, CEO resigns
Zhao pleaded guilty to failing to maintain an effective anti-money laundering program
11/22/2023
Network International Joins Forces With Visa to Introduce Instalments Solution to UAE Merchants
This strategic partnership comes at a time when consumers are increasingly seeking out instalment payment options that align with their financial needs and preferences.
11/21/2023
Mastercard and Feedzai unite to fight crypto fraud with AI
Fraud and crypto have long been intertwined.
11/16/2023
Singapore develops generative AI risk framework
A platform-agnostic GenAI reference architecture was also developed, providing a list of the building blocks and components that organisations can use to create robust enterprise-level technology capabilities.
11/15/2023
Navigating the complexities of RegTech: Essential steps for compliance success
Defining corporate entities is a holistic exercise akin to creating a detailed map of your organization
11/15/2023
MAS kickstarts new round of asset tokenization pilots
Singapore's central bank is additionally opening a new Project Guardian funds workstream focused on the native issuance of Variable Capital Company (VCC) funds on digital asset networks.
11/15/2023
Commerzbank granted crypto custody licence
The initiative recognises the de-thawing of banking interest in the market following the recent 'crypto-winter'.
11/14/2023
Crypto.com wins Dubai licence
Once approved, the Virtual Assets Service Provider licence will allow Crypto.com to offer various services in-market to retail and institutional investors
11/14/2023
Spain legislates for first EU AI Act regulatory sandbox
The Royal Decree also establishes the creation of an AI advisory committee made up of independent technical experts.
11/13/2023
The future of estate planning - How to prepare your digital inheritance
As with all other forms of estate planning, a Will is important to clarify how you would like to leave your assets.
11/13/2023
Lloyds warns over surge in crypto scams
The most common age range for crypto scam victims is 25 to 34 year olds, who make up a quarter of all cases.
11/07/2023
Dubai regulator VARA wants virtual asset firms to get licensed by November 17 - failure invites 'enforcement'
Virtual asset businesses lagging on applications must get their acts together
11/07/2023
Jifiti lands EMI license in Europe
The EMI license will mean Jifiti can broader its range of payment products and services to banks and lenders
11/06/2023
Resolution IT achieves Microsoft Security Partnership
Achieving the Security Partnership with Microsoft is no small feat.
11/03/2023
PayPal receives SEC subpoena over stablecoin
The stablecoin is issued by Paxos and fully backed by US dollar deposits, short-term US treasuries and similar cash equivalents.
11/03/2023
Sam Bankman-Fried found guilty on seven counts for multi-billion dollar FTX fraud
The verdict marks nearly one year since FTX filed for bankruptcy.