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The US Securities and Exchange Commission has unveiled a new regulatory framework designed to simplify how cryptocurrency companies raise capital and issue tokens, signalling the Trump administration's commitment to reshaping the sector.
The US Securities and Exchange Commission cancelled a scheduled vote on new cryptocurrency rules citing scheduling issues, amid stalled legislative efforts to establish clearer federal oversight of digital assets.
Steven Price, a senior enforcement official at America's top financial regulator FINRA, has left after six years to join San Francisco fintech Finalis as chief compliance officer, signalling shifts in how technology and AI are transforming Wall Street.
Visa is purchasing BioCatch, a fraud intelligence company, for $2.4 billion in a strategic move to bolster its cybersecurity and fraud prevention capabilities as digital threats intensify globally.
PayPal, once a digital payments pioneer valued at $360 billion, is now the subject of an unwanted $53 billion takeover bid from Stripe and Advent International. The company's board believes the offer undervalues the firm, but PayPal's declining market position and slowed growth highlight years of strategic challenges.
The Malaysian Anti-Corruption Commission has established a formal investigation team to examine KWAP's RM163.4 million investment in eFishery, pledging thorough and impartial scrutiny of the transaction.
European Union negotiators are finalizing rules for a digital euro, expected to launch in 2029. The electronic currency aims to modernize payments while protecting financial stability and reducing dependence on U.S. payment systems.