SME owners in the UK are due more than £7.5billion a year in ‘missing’ savings interest; business bank Allica Bank has revealed after new research. Rising interest rates, the cost-of-living crisis and less-than-favourable macroeconomic conditions continue to pile pressure on SMEs – but Allica Bank has found that the biggest high street banks in the UK may be keeping billions from […]
- By admin
- November 1, 2023
- Digital Currencies, Fintech, Online Payments, Payment Service Provider, Regulation
Hong Kong’s Securities and Futures Commission (SFC) is implementing a series of enhanced measures to reinforce information dissemination and investor education, following recent concerns regarding unregulated virtual asset trading platforms (VATPs). The news swiftly follows a high-profile case involving unlicensed crypto exchange JPEX, which SFC has accused of misleading investors. It believes that JPEX was actively marketing products […]
The Monetary Authority of Singapore and the Federal Reserve Bank of New York are teaming up to explore the use of wholesale CBDCs for cross-border payments.