The landscape of digital payments is undergoing significant changes as the U.S. Consumer Financial Protection Bureau (CFPB) implements a new rule aimed at enhancing oversight of major nonbank digital payment…
In recent developments, Taiwan is set to enhance its regulatory framework for crypto exchanges with the upcoming introduction of a registration system. This move, scheduled for implementation on November 30,…
A recent paper issued by the European Central Bank (ECB) has ignited a heated debate in the financial and cryptocurrency communities. The report, published on October 12, 2024, argues for…
The landscape of central bank digital currencies (CBDCs) is shifting as notable institutions reconsider their digital currency initiatives. Central banks across Australia, Canada, and Colombia have recently taken a cautious…
Brazil has uncovered a staggering $9.7 billion money laundering scheme tied to cryptocurrency, sending shockwaves through the financial world. Dubbed ‘Operation Niflheim,’ this extensive investigation led law enforcement to execute…