European Payments Initiative Resets With New Acquisitions, Partners
It has been an interesting few years for the European Payments Initiative (EPI). The alliance launched in 2020 to great...
Even as UK Economy Shows Resilience, Britons Feel the Pain
Surveys published last week showed encouraging signs of recovery for British businesses, with better-than-expected growth and greater consumer confidence. Those...
Vote Gives EU a Common Set of Crypto Rules
In an expected but still major development, the European Union has gained its first rules to govern the cryptocurrency industry,...
SEC in the Spotlight as It Moves to Regulate DeFi
The Securities and Exchange Commission has made its strongest move yet to bring decentralized finance (DeFi) under the auspices of...
Bank of Israel Edges Closer to Committing to Digital Shekel
Emphasizing that a decision has not yet been made, a Bank of Israel committee announced Monday a series of scenarios...
U.S. Gets $215 Million in Sale of Bitcoin Seized in Wake of Silk Road Fraud
A sale of 9,800 in seized bitcoin has netted the U.S. government $215 million. The sale was completed last month....
India’s Presidency and G20 Leadership Calls for Coordinated Plan to Reduce Crypto Risks
With a little more than seven months remaining in India’s G20 presidency, the country’s finance minister is renewing the call...
Treasury Cites Risks Posed by Criminals Using DeFi Services
The U.S. Department of the Treasury, in a report released last week, said national security is under threat by illicit...
Separating FedNow Facts and Fiction
While the financial world awaits the summer rollout of the FedNow instant payment service, two political figures—coming from well left...
In Cash-Loving Japan, a Shift Continues to Take Place
Japan, long a bastion of cash, is seeing a pronounced shift toward cashless payment options, a Nikkei report indicates. Citing...
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