The calls for UPI access to be restored come after India’s government added virtual assets to the country's Prevention of Money Laundering Act in March.
May 23, 2023Westpac said the move could save millions after it found that a third of all scam payments were transferred directly to crypto exchanges.
May 23, 2023The changes will align APRA's capital requirements for purchased payment facility providers more closely with its capital framework for other regulated firms.
May 22, 2023LexisNexis Risk Solutions published a new report showing a 50 percent year-on-year increase in APAC's payment attack rate.
May 22, 2023Each simulated payment scenario achieved end-to-end settlement in under thirty seconds on average using wholesale CBDCs.
May 19, 2023The eAUD was traded for foreign currency stablecoin USDC, representing the first foreign exchange transaction using the RBA's pilot CBDC.
May 19, 2023Bank of Thailand has been studying the barriers to yuan-baht payments and plans to reduce these barriers this year.
May 18, 2023The agreement will involve further research on a BOK-issued CBDC and collaboration in the offline payments sector.
May 16, 2023The new handbook is intended as a guide for central banks that are considering the potential implementation of CBDCs with offline functionality.
May 12, 2023The consultation covers amendments to Payment Services Regulations and existing notices to include newly scoped-in payment services like DPT services.
May 10, 2023