Trust and transparency: the challenges around reconciliation of cryptocurrency transactions
Banking

Trust and transparency: the challenges around reconciliation of cryptocurrency transactions

1m | ReconArt

Trust and transparency: the challenges around reco...

Blockchain-based solutions are disrupting the traditional payments ecosystem, but as cryptocurrencies are currently unregulated by a central bank, cry...

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BoE’s Cunliffe: Cryptos’ financial stability risks can only go upwards
Banking

BoE’s Cunliffe: Cryptos’ financial stability risks can only go upwards

3m | By Jeremy Chan, Journalist

BoE’s Cunliffe: Cryptos’ financial stability risks...

Sir Jon Cunliffe, deputy governor at the Bank of England, warned that while a crypto asset correction would not cause financial stability risks at the...

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Central banks: crypto assets and Big Techs not posing financial stability risk as of yet, but remain high on supervisory agenda
Payments

Central banks: crypto assets and Big Techs not posing financial stability risk as of yet, but remain high on supervisory agenda

3m | By Jeremy Chan, Journalist

Central banks: crypto assets and Big Techs not pos...

New technologies such as crypto-assets and stablecoins do not yet pose a stability risk to financial markets, but Big Techs’ mounting financial servic...

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Paytech market updates: Mastercard and Monzo jump on the buy now pay later train
Payments

Paytech market updates: Mastercard and Monzo jump on the buy now pay later train

4m | By Aoife Morgan, Journalist

Paytech market updates: Mastercard and Monzo jump ...

Monthly updates on the standout tech developments in payments Read More...

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INATBA boss voices concerns on EU MiCA’s tech neutrality
Payments

INATBA boss voices concerns on EU MiCA’s tech neutrality

4m | By Mohamed Dabo

INATBA boss voices concerns on EU MiCA’s tech neut...

Despite being a supporter of the EU’s Markets in Crypto-Assets (MiCA) regulation, Marc Taverner, executive director of blockchain trade body INATBA, w...

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Blooming blockchain and crypto sector posing thorny challenges to regulators
Payments

Blooming blockchain and crypto sector posing thorny challenges to regulators

4m | By Mohamed Dabo

Blooming blockchain and crypto sector posing thorn...

For European regulators charged with coordinating and guaranteeing the financial industry’s stability, the burgeoning blockchain technology brings sev...

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US government ready to roll out the big guns against crypto ransomware payments
Payments

US government ready to roll out the big guns against crypto ransomware payments

4m | By Mohamed Dabo

US government ready to roll out the big guns again...

The US government is setting out on the warpath to dismantle the digital finance infrastructure that supports ransomware cyberattacks, with guidelines...

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Legacy data sets holding back FI AML compliance teams
Banking

Legacy data sets holding back FI AML compliance teams

4m | By Aoife Morgan, Journalist

Legacy data sets holding back FI AML compliance te...

The fast-pace changes taking place in the anti-money laundering (AML) regulatory landscape, partially prompted by the scale of money laundering scanda...

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EU anti-money laundering proposals already pushing crypto business away, warn advisors
Asset management

EU anti-money laundering proposals already pushing crypto business away, warn advisors

6m | By Aoife Morgan, Journalist

EU anti-money laundering proposals already pushing...

Financial sector advisors are warning that the European Commission’s plans to crack down on the crypto sector, bringing crypto exchanges and service p...

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BoE’s CBDC director: Stable coins need to offer 'equivalent protection' to paper money
Payments

BoE’s CBDC director: Stable coins need to offer 'equivalent protection' to paper money

7m | By Aoife Morgan, Journalist

BoE’s CBDC director: Stable coins need to offer 'e...

As central banks explore the use of stable coins, the introduction of digital currencies “would have to offer equivalent protection to existing pools ...

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Crypto regulation could give UK competitive edge post-Brexit
Banking

Crypto regulation could give UK competitive edge post-Brexit

7m | By Tom Lemmon, Reporter

Crypto regulation could give UK competitive edge p...

The UK has a “golden opportunity” to become the crypto centre of the world post-Brexit, but regulators must act quickly to provide a safe framework fo...

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Cross-border interoperability will be a key test for CBDCs, BIS and BoE specialists warn
Banking

Cross-border interoperability will be a key test for CBDCs, BIS and BoE specialists warn

7m | By Jeremy Chan, Journalist

Cross-border interoperability will be a key test f...

Internationalisation of CBDC a major design consideration Read More...

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Bitcoin surge prompts new warnings from regulators
Payments

Bitcoin surge prompts new warnings from regulators

1y | By Jeremy Chan, Journalist

Bitcoin surge prompts new warnings from regulators

Regulators issued fresh warnings on investing in cryptocurrencies after Bitcoin skyrocketed to a new all-time high last week. The UK’s Financial Condu...

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ECB wants crypto alternative
Banking

ECB wants crypto alternative

1y | By Leanna Reeves, Journalist

ECB wants crypto alternative

Last week European Central Bank (ECB) president Christine Lagarde announced the central bank’s ambition to implement a digital euro. Lagarde’s stateme...

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Interest in cryptos grows as retail investor look to benefit
Payments

Interest in cryptos grows as retail investor look to benefit

2y | By Leanna Reeves, Journalist

Interest in cryptos grows as retail investor look ...

In March, market disruption caused by the pandemic followed a drop in the price of cryptocurrencies – including Bitcoin, which lost half of its ...

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Crypto exchanges welcome traditional bank relationships
Banking

Crypto exchanges welcome traditional bank relationships

2y | By Emma Olsson, Reporter

Crypto exchanges welcome traditional bank relation...

Relationships between cryptocurrency institutions and traditional banks will bolster crypto’s legitimacy, market participants predict. “It appears the...

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IRS solicits contractors to crack down on crypto tax evasion
Trading & brokering

IRS solicits contractors to crack down on crypto tax evasion

2y | By Shannon Moyer, Journalist

IRS solicits contractors to crack down on crypto t...

The IRS is evolving its efforts to crack down on crypto tax non-compliance, recruiting independent contractors obtain cryptocurrency transactions data...

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Report: Crypto industry divides over 5AMLD
Payments

Report: Crypto industry divides over 5AMLD

2y | By Emma Olsson, Reporter

Report: Crypto industry divides over 5AMLD

Crypto businesses face a wake-up call following the European Union’s fifth Anti-Money Laundering Directive’s (5AMLD) January 10 deadline, ...

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