Business operators must not provide crypto payment services and are barred from acting in a manner that promotes the use of digital assets

Project Dunbar is jointly led by the BIS Innovation Hub, the Reserve Bank of Australia, Bank Negara Malaysia, the Monetary Authority of Singapore and the South African Reserve Bank

At least eight highly valued crypto startups — ranging from exchange Gemini to peer-to-peer payments group Circle — have launched VC arms

The PBOC uncovered violations during an inspection of WeChat Pay in late 2021. The payments network allegedly permitted the transfer and laundering of funds from illicit transactions, it said

Shares of Indian digital payments firm tumbled more than 13% on Monday, after the central bank barred the company's payments bank from taking on new customers and ordered an IT audit

Vision Fund sold 50 million Coupang shares for $20.87 each, according to a filing to the US Securities and Exchange Commission dated Friday, leaving it still with 461 million shares

The National Bank of Ukraine said it had asked the banks to stop accepting Mir cards in their ATMs and to make it impossible to use these cards

Brad McEvoy of start-up Kademi said he was furious at OFX, formerly known as OzForex, for blocking payments to his Ukrainian workers

The two large US payments firms said they were suspending operations in Russia, joining the list of companies severing business links with the country

Both involved insulting conversations, allegations of a toxic work culture, a battle with the board, and the eventual resignation of the founder

Hundreds of companies have sought to open Chinese accounts in recent days in a bid to get around Western sanctions, a worker at a Chinese state bank in Moscow said

Analysts say there's no alternative global payment system to SWIFT that's strong enough to enable Russia to evade sanctions.