
Finance
Fintechs introduce CBDC with Reserve Bank of India
Fintech platforms like MobiKwik, Yes Bank, and Cred are introducing India's CBDC in collaboration with the Reserve Bank of India.
‘GENIUS’ hopes to bring clarity for US-backed stablecoins
To balance innovation and security, the U.S. has proposed the GENIUS Act, which sets forth clear procedures for licensing and...
Tokenization of cards witnessing large-scale adoption in India: RBI
The Reserve Bank of India's Payment System Report pointed out that tokenization involves replacing card details with a unique code...
Automated payments bring $30B for Brazil’s Pix in e-commerce
Elsewhere, Bahrain’s Arab Financial Services has received the green light to expand in the United Arab Emirates, investing $150 million...
Kenya: VACC slams 3% tax, excessive compliance costs
Kenya’s VACC made policy recommendations in response to a proposed virtual asset sector bill, calling on the gov’t to pursue...
Crypto czar David Sacks, new stablecoin bill fail to ignite BTC
David Sacks claimed stablecoin could ensure USD dominance, increase its use as the world's reserve currency, and create new demand...
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