Alchemy Pay Partners With Worldpay to Enhance On & Off-Ramp Payments
Alchemy Pay has entered into a strategic partnership with Worldpay acquirer to enhance its fiat-crypto payment gateway with credit and debit card functionality.
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OpenAI Adopts Preparedness Framework to Mitigate AI Risks
The Preparedness Framework by OpenAI aims to track, evaluate, and forecast risks posed by increasingly powerful AI models to enhance a systemic approach to protection.
7RCC Applies for ESG-Focused Spot Bitcoin ETF
Crypto firm 7RCC applied for an ESG-focused spot Bitcoin ETF that will include 80% Bitcoin and 20% Carbon Credits Futures with the US SEC.
Google Users to Share $630 Million in Play Store Settlement
Google has agreed to pay $700 million and allow competition in its Play app virtual store.
India Central Bank Tightens Rules for Financing of Alternative Investment Funds
The Central Bank of India on Tuesday, December 19, banned banks and non-bank financial companies that are in the area of its regulation from sending financing to alternative investment funds.
China and Singapore to Use E-Yuan for Tourist Spending in Cross-Border CBDC Pilot
China’s Central Bank Digital Currency (CBDC) – e-yuan – will be now used for cross-border payments between China and Singapore, facilitating tourist spending between the two countries.
Malaysia’s Prime Minister Pushes for Local Currency Transactions in Trade
Malaysian Prime Minister Datuk Seri Anwar Ibrahim intends to implement a strategy to gradually increase the use of the local currency ringgit as part of financial operations in the sphere of trade.
Singapore to Suspend Non-Bank and Non-Card Channels for Remittance to China
The Monetary Authority of Singapore (MAS) has instructed companies providing money transfer services to suspend the use of non-bank and non-card channels when interacting with individuals interested in cross-border transactions to China.
Xero and Flinks to Enhance Banking Data Access
Xero, a global platform for small businesses, has announced the start of a partnership with Flinks, an open banking company.
Cambodia Chalks Up 10 Million Bakong Digital Currency Accounts
The digital currency of Cambodia called Bakong, which was developed with the participation of specialists from a Japanese startup, has become widespread, as evidenced by the existence of about 10 million accounts registered to own this digital money.
Apple Reportedly to Stop Selling Some Apple Watch Models
The media reported that Apple will stop selling the Watch Series 9 and Ultra 2 in the United States shortly before Christmas.
Bank of Japan Reportedly to Keep World’s Last Negative Interest Rate
The Bank of Japan is expected to maintain the world’s last negative rate on Tuesday, December 19.
Revo Capital Plans to Raise $100 Million VC Fund for AI Startups
Revo Capital, a Turkish venture capital company that supported Getir technology unicorns and Builder.ai, intends to raise funds for $100 million to invest in regional startups operating in the sphere of artificial intelligence.
China Reportedly Wides Its Ban on Use of iPhone
Media reports that in China, the number of state organizations and companies supported by the country’s government is gradually increasing, which prohibits their employees from using iPhone smartphones developed by the American technology giant Apple in the workplace.
Robinhood Pulls Customers From Larger Brokers
Robinhood began to gain clients from more well-known brokers, including Fidelity and Charles Schwab.
Amex and Bank of America Face Rising Card Delinquencies
Last month, American Express and Bank of America recorded an increase in credit card delinquencies.
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