FinTech News

Norway’s central bank, Norges Bank, has backed the EU’s Markets in Crypto-Assets Regulation (MiCA) as it considers a central bank digital currency (CBDC).

The Bank for International Settlements (BIS) recently announced it is stepping back from its involvement in Project mBridge, a cross-border central bank digital currency (CBDC) initiative it has supported since 2021.

Visa has partnered with Coinbase to enable eligible debit card users to instantly deposit and withdraw funds on the exchange.

A power struggle has emerged between European Union governments and the European Central Bank (ECB) regarding control of the digital euro.

Canadians appear hesitant about fully embracing the Bank of Canada’s (BOC) digital dollar initiative, despite some interest in the concept.

In a significant move, Western Union has announced its acquisition of the mobile wallet service Dash from the Singaporean telecommunications company Singtel, although the financial details of the transaction remain undisclosed.

Mastercard is introducing an innovative platform called Product Express, designed to streamline the process for fintech companies in selecting and launching card programs.