TechREG

Brazil Lawmakers OK Crypto as Payment Method

Brazil Lawmakers OK Crypto as Payment Method
Brazil Lawmakers OK Crypto as Payment Method
November 30, 2022  |  Cryptocurrency

Lawmakers in Brazil have approved a bill making cryptocurrency a legal payment method. This week, the country’s legislative body voted on a regulatory framework that...

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FTX Collapse Has Historical Parallels; Will We Learn From Them?
FTX Collapse Has Historical Parallels; Will We Learn From Them?
November 30, 2022  |  Cryptocurrency

As details emerge surrounding the collapse of crypto trading firm FTX, investors should believe them. In much the same way as Shakespeare’s famous adage states...

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FinTech Revolut Eyes Japanese Expansion
FinTech Revolut Eyes Japanese Expansion
November 29, 2022  |  Banking

British FinTech startup Revolut is looking at Asia to continue its rapid growth.  Revolut has 25 million customers — primarily in Europe — and aims to...

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42% Of Consumers Say They’ll Try Digital Wallets 
42% Of Consumers Say They’ll Try Digital Wallets 
November 29, 2022  |  Data & Research

Move over BNPL; after an arduous slog, the digital wallet is finally making major inroads with consumers. In the study New Payments Options: Why Consumers Are...

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India to Test Retail Version of Digital Rupee
India to Test Retail Version of Digital Rupee
November 29, 2022  |  CBDC

India’s central bank will begin testing its proposed digital rupee for retail use this week. “The pilot will test the robustness of the entire process of...

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UK Looks to Hold Onto Global Finance Center Status
UK Looks to Hold Onto Global Finance Center Status
November 29, 2022  |  Banking

The U.K. will amend its banking rules to help London remain a global finance hub. As Reuters reported Tuesday (Nov. 29), London city minister Andrew...

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FTX Collapse Was Old Tricks Powered by New Technology
FTX Collapse Was Old Tricks Powered by New Technology
November 29, 2022  |  Cryptocurrency

The collapse of FTX has spurred calls for greater oversight of the crypto industry. But the appropriate regulatory tools and methods may already exist, hidden...

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Jyske Bank Accused of AML Violations by Danish Regulators
Jyske Bank Accused of AML Violations by Danish Regulators
November 28, 2022  |  AML

Danish regulators have reported Jyske Bank for possible anti-money laundering (AML) violations.  Denmark’s Financial Supervisory Authority (FSA) said the lender’s due diligence methods had “significant shortcomings,”...

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