Finance
BIS eyes crypto scoring to fight illicit finance, boost AML
To fight money laundering, BIS proposes compliance scores for 'crypto,' tapping blockchain’s public records before digital assets are converted to...
South Korea’s card payments to reach $1 trillion in 2025
A new report reveals that the payment card market in South Korea will process transaction volumes of 1.4 quadrillion Korean...
India expands UPI to Maldives boosting digital ties
India and the Maldives sign key agreements to implement UPI, enhancing digital cooperation and boosting economic ties through seamless transactions.
Thailand eyes digital asset payment sandbox for tourism
Meanwhile, Visa reports that mobile applications have surged as the preferred option for sending and receiving remittances across the Asia...
Traditional finance pushes back on crypto-financial products
Citadel Securities urges the SEC to regulate tokenized stocks like traditional stocks, highlighting the clash between 'crypto' and traditional finance.
US bankers urge action over GENIUS Act loopholes
The American Bankers Association and 50 U.S. states, plus Puerto Rico and D.C., have written to the Senate urging them...
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