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News

China targets digital asset transactions with stricter forex laws
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7 January, 2025

China targets digital asset transactions with stricter forex laws

China’s forex regulator has demanded that banks flag any risky trade, including those related to ‘crypto’ as it intensifies its...
Cyprus orders VASPs to prove compliance by January 10
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6 January, 2025

Cyprus orders VASPs to prove compliance by January 10

CySEC has granted a grace period for MiCA compliance until July 2026 but wants VASPs to prove they were operational...
Emerging tech add to uncertain economic outlook: RBI
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6 January, 2025

Emerging tech add to uncertain economic outlook: RBI

India may be one of the leading economies in terms of technological advancements, but new RBI Governor Sanjay Malhotra cautioned...
Turkey steps up ‘crypto’ AML rules; Malaysia targets Bybit
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6 January, 2025

Turkey steps up ‘crypto’ AML rules; Malaysia targets Bybit

Malaysia has added Atomic Wallet to its list of unauthorized operators and ordered Bybit to halt operations for operating without...
Nokia files Chinese patent for digital asset encryption device
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6 January, 2025

Nokia files Chinese patent for digital asset encryption device

Nokia’s patent application describes a “device, method, and computer program” that encrypts digital assets, indexes them, and more, but the...
E-rupee set for broader adoption as cloud facility gathers steam
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6 January, 2025

E-rupee set for broader adoption as cloud facility gathers steam

The e-rupee is forecast to gain massive adoption in the cross-border payments sector in 2025. Meanwhile, businesses can expect more...
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