The moniker central bank digital currency (CBDC) was coined to introduce the concept of a digitized version of physical fiat currency as we know it and as the name implies,…
At the annual Digital Finance Outreach conference which took place last week, the European Commission’s Executive Vice President Valdis Dombrovskis announced in his closing speech that it is time for…
Encrypted chat messaging features found in apps such as WhatsApp, Signal and Telegram have been a hit with users in an age when increasing privacy concerns plague large swathes of…
Telegram’s legal woes continue as the US Securities and Exchange Commission (SEC) filed a disgorgement order with the New York Southern District Court proposing that Telegram pay $1.2 billion on…
Facebook has had a rough year in its quest to streamline and unify global payments not just via Libra but also WhatsApp Pay, which was just suspended by Brazil’s central…
According to The Business Times, a twenty-three year old woman was recently arrested for illegally facilitating the purchase of Bitcoin (BTC) using ill-gotten gains. Under Singapore’s new Payment Services Act…
The US Securities and Exchange Commission (SEC) has obtained some victories in its 2017-2018 Initial Coin Offerings (ICO) and crypto-related scam crackdowns of late, most of which involved accused individuals…
After weeks of dropping the term ‘digital dollar’ in discussions involving the US Congress and Federal Reserve without any confirmation on proceeding with a digital dollar project, US Federal Reserve…
China’s central bank and authorities have been freezing some of its customers’ credit cards, bank accounts and even their online digital payment accounts on WeChat Pay or Alipay in recent…
After India’s central bank, the Reserve Bank of India (RBI) implemented a 2018 nationwide ban on cryptocurrencies which included the prohibition of banks in India from offering any financial services…