A senior official at the French central bank has said that the onus is on those companies developing stablecoins to ensure that they do so in a responsible manner, as well as reiterating plans for...
With international terrorist groups increasingly relying on cryptocurrency as a source of funding, terrorists and extremists within the U.S. are following suit, officials warned during a...
Finland has declared its intention to continue a strong campaign against financial crime, with an expanded team and a renewed focus on virtual currency providers.
As cross-border payments continue to grow, the decline in correspondent banking relationships driven by de-risking concerns remains a significant challenge for the sector, according to the U.S....
New guidelines apply from January 10, 2020 for the cooperation and exchange of information between EU member states’ competent authorities for credit and financial institutions. This analysis...
New European rules governing virtual currency operators come into effect in the UK today, despite concerns that a rushed schedule and lack of guidance could leave businesses in the lurch.
Interpol has led an operation against a major crypto-jacking operation in southeast Asia, taking action to repair thousands of infected routers that had been used to illegally mine virtual...
The EU is consulting on the definitions and uses of virtual currencies as it looks to further standardise regulatory approaches across the bloc.
After a 2019 in which payment firms found themselves running to keep up with new regulations and the efforts of authorities to fill the gaps in existing laws, many — including regulators — are...
The Ministry of Economy and Business has published Royal Decree 736/2019, of December 20, on the legal regime of payment services and payment entities, which modifies Royal Decree 778/2012, of May...
Contention over the finer points of new payments regulation continued to rage in Europe, with industry and regulators clashing over issues with new strong authentication requirements and the...
Still behind Europe when it comes to the regulatory implementation of new measures such as open banking, the Americas nonetheless continued to make strides in the development of new payment systems...
A top U.S. Federal Reserve official warned this week that Facebook's planned Libra cryptocurrency could present "a number of risks" to consumers and the financial system — adding to the chorus of...
The UK Financial Intelligence Unit (UKFIU) has published its 2019 annual report on suspicious activity reports (SARs), as well as the third edition of its "SARs In Action" publication addressed to...
Sweden’s central bank has launched a project to begin testing a central bank digital currency (CBDC), as it presses ahead with exploration of an e-krona.
Six months after U.S. financial regulators issued clarification on reporting requirements for cryptocurrency providers, the industry appears to have received the message loud and clear, with the...

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