Hong Kong’s financial regulator has warned the public over the activities of the platforms on suspected virtual asset-related fraud. This comes from the bank of efforts by authorities to flush out unregistered companies and non-compliant firms from the country. In a recent press release, the Securities and Futures Commission (SFC) informed the public of new […]
SWIFT Aims to Unify CBDCs with Traditional Banking
SWIFT, the global bank messaging network, has revealed that it will build a new platform. This portal targets connecting the growing central bank digital currencies (CBDCs) with the current financial system. The move is a major milestone for the growing CBDC ecosystem, utilizing SWIFT’s central position in the world of banking. The move is in […]