Bank of Italy Criticises Limited MiCA Impact The Markets in Crypto-Assets Regulation, known as MiCA, was introduced by the European Commission to provide a comprehensive regulatory framework for digital assets, including cryptocurrencies and stablecoins. However, despite the high hopes pinned on MiCA to drive stablecoin adoption and generate interest among Italian intermediaries, the Bank of […]
New Circle system aims to speed up global money transfers
Revolutionizing Global Money Transfers: The Innovative Circle System in Action In the fast-paced world of finance, the need for efficient and seamless money transfers has never been greater. With the rise of digital currencies and blockchain technology, traditional methods of sending money across borders are being challenged. In a groundbreaking move, the issuer of the […]
Banks push to scrap SEC cyber reporting rule
Banks Push to Scrap SEC Cyber Reporting Rule Financial groups are making a bold move in the realm of cybersecurity regulations by calling for the removal of the Securities and Exchange Commission’s (SEC) strict reporting rule. This rule, which mandates that financial institutions report cyber breaches to the SEC within four business days, has been […]
Crypto ownership drops in Singapore
Crypto Ownership Drops in Singapore: Investors Flock to Safer Assets A recent survey has shed light on a significant trend in Singapore’s investment landscape: the decline in crypto ownership. As global markets continue to navigate through uncertainty, investors in the city-state are increasingly turning away from digital currencies and towards safer assets such as cash […]
Ripple launches blockchain payments in the UAE
Ripple Revolutionizes Cross-Border Transactions in the UAE In a groundbreaking move that is set to transform the landscape of cross-border payments in the UAE, Ripple has launched its blockchain payments technology in collaboration with Zand Bank and fintech Mamo. This strategic partnership aims to revolutionize the way businesses and individuals conduct transactions, offering a faster […]
Russian Central Bank data shows Bitcoin as top performer
Russian Central Bank Data Shows Bitcoin as Top Performer The Central Bank of Russia has recently released data that showcases Bitcoin as the top-performing investment over the past year, despite facing some volatility in early 2025. This revelation comes as a significant validation of the cryptocurrency’s strength and resilience in the ever-changing global financial landscape. […]
NatWest hit by 100 million cyber attacks every month
NatWest hit by 100 million cyber attacks every month In today’s digital age, cybercrime is becoming increasingly prevalent, with financial institutions being a prime target for malicious actors. Recently, it was revealed that NatWest, one of the leading banks in the UK, is facing a staggering 100 million cyber attacks every month. This alarming number […]
Hackers use fake PayPal email to seize bank access
Beware of Fake PayPal Emails: How One Wrong Click Can Lead to a Full-Blown Hack In the digital age, where technology is an integral part of our daily lives, online security has become more crucial than ever. Cybercriminals are constantly finding new ways to exploit unsuspecting individuals, with one of the most common tactics being […]
The stablecoin market remains largely dominated by Tether
Tether Continues to Reign Supreme in the Stablecoin Market Stablecoins have become a crucial element in the world of cryptocurrencies, providing traders and investors with a reliable digital asset pegged to a stable reserve. While competition in the stablecoin market has been heating up, one player has managed to maintain its dominance: Tether. Despite the […]
ING eyes Euro stablecoin as MiCA opens door for banks
ING Explores Euro Stablecoin Opportunity as MiCA Regulation Allows Banks to Issue Digital Currencies The world of banking is on the brink of a major transformation as the European Union’s Markets in Crypto-Assets (MiCA) regulation opens up new possibilities for financial institutions. Among the frontrunners in exploring these opportunities is ING, one of the largest […]