
News
European regulators say MEV mining techniques may be ‘market abuse’
ESMA and MiCA do not propose that all maximal extractable value (MEV) techniques are considered market abuse, but if service...
India’s central bank allows non-banking payment operators to offer CBDC wallets
India's central bank is doubling down on its CBDC initiatives, announcing plans to make the digital rupee more accessible to...
Financial industry bodies defend permissionless blockchains against Basel Committee’s classification
Basel Committee on Banking Supervision published a report in December claiming that all permissionless blockchains are risky and banks must...
Microsoft, PwC Middle East new AI center of excellence to upskill workforce in Saudi Arabia
The new AI excellence center led by Microsoft and PwC Middle East will focus on equipping the local workforce with...
Hong Kong’s largest digital bank pursues stablecoin issuers
ZA Bank will offer stablecoin issuers accounts for cash reserves and is exploring possibly custodying stablecoins and other digital assets...
PayPal users can now use PYUSD stablecoin to fund cross-border transfers
With circulation down by 40%, PayPal is exploring new use cases for its PYSUD stablecoin, and international remittances have emerged...