Payment fraud poses a significant challenge globally, with fraudsters constantly evolving their tactics to exploit weak points in the payment ecosystem. In response, the European Union (EU) has proposed updates to its regulatory framework for payments, including a new Payment Services Regulation
January 15, 2025The Securities and Exchange Commission (SEC) of the Philippines has proposed new regulations for crypto-asset service providers that could significantly impact local blockchain projects. Aimed at increasing transparency and consumer protection, these draft rules may inadvertently stifle innovation
January 14, 2025Pennsylvania Governor Josh Shapiro has proactively urged federal regulators to intervene and mandate the state's power grid to reduce prices, with the goal of counteracting a projected surge in energy costs this summer. This appeal is prompted by growing concerns over escalating energy
January 13, 2025Sri Lanka's decision to postpone its third evaluation of the Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework from March 2025 to March 2026 reflects the challenges of conducting such assessments in the wake of two national elections the previous year. This
January 10, 2025Under the administration of Iranian regime president Masoud Pezeshkian, Iran's housing loan system is currently facing significant scrutiny due to rampant corruption and debilitating inflation, which have all but crippled the effectiveness of housing loans. The government recently announced a
January 10, 2025The remote villages of Alaska have faced considerable obstacles in gaining access to reliable utility services due to the region's challenging geography, which includes vast expanses of rugged terrain and low population density. Historically, this has impeded the advancement of technology and
January 7, 2025In an industry where card payments have become significantly more common, taxi drivers are continuously grappling with ways to maximize their revenue while minimizing costs. With transaction fees, delays in fund access, and various administrative burdens associated with card payments, cash
January 6, 2025Tokenized Real World Assets (RWAs) represent a significant innovation in the financial sector as they merge traditional assets with blockchain technology. Establishing a regulation-compliant marketplace for these assets is crucial for ensuring security, transparency, and adherence to legal
January 3, 2025As a Credit Union Service Organization (CUSO), we operate at the nexus of innovation and regulatory diligence, empowering credit unions to serve their members more effectively. Our role is both supportive and strategic. Looking ahead to 2025, regulatory readiness has never been more critical. With
January 2, 2025In the ever-evolving world of cryptocurrency, staying informed about market trends and emerging technologies is crucial for investors seeking opportunities. One trend that has caught the attention of many is the declining popularity of Dogecoin (DOGE), which was once a favored coin among
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