Tag: Financial System Oversight

India increases scrutiny of crypto in border regions

India Strengthens Oversight of Crypto in Border Regions to Combat Financial Abuse In a bid to tackle financial abuse in its border regions, India has ramped up its scrutiny of cryptocurrency transactions. The move comes as authorities are increasingly concerned about the potential misuse of digital assets to bypass formal financial channels and engage in […]

Tatarstan to pilot digital ruble subsidies as Russia delays CBDC launch

Tatarstan to Pilot Digital Ruble Subsidies as Russia Delays CBDC Launch The digital currency landscape is evolving rapidly, with central banks around the world exploring the potential of Central Bank Digital Currencies (CBDCs). Russia is no exception, as the Central Bank remains committed to testing the digital ruble. However, as the launch of the CBDC […]

Brazil’s tax chief calls for stricter controls on digital payments

Brazil’s Tax Chief Advocates for Tighter Oversight on Digital Payments In recent years, the rise of fintech companies in Brazil has revolutionized the way people manage their finances. With the convenience of digital payments, consumers can easily make transactions with just a few taps on their smartphones. However, as the digital payment landscape continues to […]

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