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Nalezeno "Payment Services Directive": 4294

India, Russia Mull Payment System Integration in Face of US Sanctions

2.5.2023
The governments of India and Russia are considering integrating part of their payment systems, in order to counter the possible future effect of US sanctions on the capital flows of each country. The deal would include the integration of India’s Rupay card system and its Russian counterpart...

ByBit joins crypto exchanges offering crypto lending services

2.5.2023
Dubai-based cryptocurrency exchange ByBit rolls out cryptocurrency lending service, joining a handful of major exchanges that offer interest-bearing lending facilities

US Court Orders Operator of South African Bitcoin Ponzi Scheme to Pay Over $3.4 Billion

2.5.2023
Johann Steynberg, the founder and CEO of Mirror Trading International, has been ordered to pay over $1.73 billion in restitution to victims of his bitcoin ponzi scheme. The court has also ordered Steynberg to pay a civil monetary penalty of a similar amount. The Commodity Futures Trading Commission...

Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges

30.4.2023
After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers will be able to send funds to an existing Paypal account, an external wallet, or a crypto...

US House Financial Services Committee Says Crypto Bill Coming in "Next Two Months" – Here's What You Need to Know

29.4.2023
The US House Financial Services Committee and House Agriculture Committee are set to introduce comprehensive legislation to oversee the cryptocurrency sector in the next two months. Before unveiling the new bill, the two committees will hold a joint public hearing, which is scheduled to start...

US Government in Talks to Rescue Struggling First Republic Bank, Sources Say

28.4.2023
Sources have revealed that U.S. government officials are in talks to rescue First Republic Bank, a struggling financial institution. The discussions involve the U.S. Treasury, the Federal Deposit Insurance Corporation (FDIC), and the Federal Reserve, according to reports on Friday. Private-Sector...

CTFC wins record $3.4B penalty payment in Bitcoin-related fraud case

28.4.2023
The CFTC said it's the largest fraudulent Bitcoin scheme charged in any of its cases and the "highest civil monetary penalty ordered in a CFTC case."

California approves blockchain-based digital wallet for gov't services

27.4.2023
Santa Cruz voted to approve the use of a blockchain-based digital wallet for government services and official documentation and is set to begin a pilot program in July 2023

Why the Politics of Crypto Feels Different This Time

26.4.2023
Last week’s testimony by SEC Chair Gary Gensler before the House Financial Services Committee showed that the political divide towards crypto has never been clearer. Noelle Acheson dives into why this matters now

Bitcoin at banks: Raiffeisenlandesbank to offer crypto investment services

26.4.2023
All segments of RLB NÖ-Wien clients will be able to invest in a broad number of cryptocurrencies with a budget of as little as one euro

Crypto Has Evolved From Being Seen as an ‘Anti-Establishment Rebellion Asset’ Says FCA Executive Director

26.4.2023
From being seen as a small “anti-establishment rebellion asset” more than ten years ago, crypto has grown to “become more widespread,” says Sarah Pritchard, an executive director at the United Kingdom’s Financial Conduct Authority (FCA). Pritchard said while the...

Circle’s Fed payment rail goal could be crushed by NY Fed’s policy change

26.4.2023
Updated rules by the New York Fed could deem stablecoin issuer Circle “ineligible” for access to the Fed's money market

Europe ‘Ahead of the Game’ in Web3 After MiCA Law, U.S. House Finance Chair Says

25.4.2023
Patrick McHenry is seeking to push his own stablecoin bill through Congress but faces Democrat skepticism

DeFi Protocol DFlow Raises $5.5M to Bring Payment For Order Flow to Crypto

25.4.2023
Decentralized Finance protocol DFlow would bring a controversial practice in the equities market into the world of decentralized finance

Ugandan High Court Rules to Uphold Central Bank’s Crypto Prohibition

25.4.2023
A Judge of a High Court in Uganda recently dismissed an application which sought to quash a Bank of Uganda directive that barred licensed entities and individuals from facilitating crypto transactions. In his ruling, Justice Musa Ssekaana insisted that the central bank’s crypto prohibition...

Russia Launching Payment System With ‘No Restrictions’ — Digital Currencies to Be Completely Unrestricted

25.4.2023
Russia is launching a new payment system that is “bound by no restrictions” where digital currencies could be used in cross-border payments, said Russian Finance Minister Anton Siluanov. “Two parties come to an agreement, make settlement payments, and no other country could step in and freeze such...