FinTech News

The Monetary Authority of Singapore (MAS) has expressed confidence in the growing potential of stablecoins as a future payment method.

Traditional banks are venturing into the stablecoin market as Tether discontinues its euro-pegged EURt token.

Russia’s largest bank, Sberbank, has officially joined the digital ruble pilot program alongside TBank and Tochka Bank, as confirmed by the Central Bank of Russia (CBR) and reported by Interfax on December 28.

A regulatory review of Klarna’s practices between April 2021 and March 2022 uncovered multiple breaches of key anti-money laundering (AML) rules.

As Shaktikanta Das concluded his tenure as the Reserve Bank of India’s (RBI) governor on December 10, he took the opportunity to highlight his lasting vision for India’s economy, particularly emphasizing the role of digital innovation.

The UAE has officially approved its first stablecoin backed by the UAE Dirham, marking a pivotal moment in the nation’s cryptocurrency landscape.

Cryptocurrency adoption continues to expand with innovative payment solutions bridging the gap between digital assets and everyday transactions.