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Singapore’s MAS says no urgent case for retail CBDC, but launches 4 fast trials of it

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2 years ago

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The Monetary Authority of Singapore will trial a retail central bank digital currency in various contexts at a fintech event, despite the electronic payment options already available.

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Hong Kong warns against crypto firms misrepresenting as ‘bank’

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26 minutes ago

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November 15, 2024

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Hong Kong’s central bank said that it’s illegal for unlicensed companies to represent themselves as banks in Hong Kong. 

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EU regulator sets restrictive measure guidelines for crypto providers

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1 hour ago

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November 15, 2024

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Crypto-asset service providers that carry out transfers must choose a screening system that allows them to comply with the EU’s restrictive measures regimes.

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South Korea probes Upbit for 600K KYC violations

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2 hours ago

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November 15, 2024

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Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with Upbit’s business license renewal.

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