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
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Russia is facing a barrage of sanctions following its invasion of Ukraine. Governments are concerned it may use cryptocurrencies to evade them
Chinese payment-related stocks jumped on Monday as investors wagered that kicking banks out of the SWIFT system would benefit China's own cross-border payment system, CIPS
Risks from the $2.6 trillion crypto market could grow quickly, so regulators need measures to bring the sector to heel, the G20's Financial Stability Board (FSB) has warned
The pressure keeps piling on Warren Buffett-backed Indian payments merchant Paytm. Shares of its owner One97 Communications are in freefall and now it must deal with gloomy predictions about its future revenues.
Coinbase, the biggest US cryptocurrency exchange, plans to acquire recently launched futures exchange FairX to “make the derivatives market accessible to our millions of customers through an industry-leading, simplified user experience.”
Singapore has long rivalled Hong Kong in the battle to become the financial hub of Asia. Now, it has an unprecedented opportunity to stake a claim as the region’s fintech leader as its northern rival battles regulatory restrictions.
As cryptocurrency scams become more sophisticated, especially with the emergence of so-called “rug pulls”, recently released data shows that cryptoscams reached an all-time high in 2021. Illegal operations made off with more than $7.7 billion of investors' wealth, which is 81% more than in 2020.
Regulator meets with 27 firms such as Tencent, Alibaba and ByteDance to explain the regulatory landscape so they have a clearer grasp of sustainable 'development opportunities'
Google, Twitter and Facebook executives faced heated demands in a meeting with Indian officials, who said their inaction on fake news forced Delhi to order content takedowns, sources said
Tata Consultancy Services and Infosys have overtaken US titan IBM to give India two of the world's top three IT services brands.