Kosovo bans cryptocurrency mining in face of European energy crisisWith outages and surging electricity prices, Kosovo will ban the production of cryptocurrency to ease energy consumption.January 5, 2022 by Campbell Kwan in Finance
US Treasury working group wants stablecoin issuers to be regulated like banksA Biden-supported working group can see the potential of stablecoins being used widely so long as it is appropriately regulated.November 1, 2021 by Campbell Kwan in Finance
Concerns found about Apple NFC restrictions but not enough for new regulationA parliamentary joint committee has concluded that the market imbalances caused by Apple's NFC restrictions do not require regulatory action as such imbalances are seen in other areas of Australia's payment system too.October 27, 2021 by Campbell Kwan in Finance
Senate committee says choice is why using credit cards for online gambling should remainIt said the onus for protecting people from online gambling should lie with the banks.October 10, 2021 by Campbell Kwan in Finance
Fintech Australia blames budget restraints for Austrac Online's limited capabilityAccording to the fintech industry body, Austrac Online struggles on Apple Mac computers and Google Chrome.September 13, 2021 by Campbell Kwan in Finance
Ant Group to become a financial holding company overseen by China's central bankJack Ma's digital payments giant will restructure itself into a company that is supervised by the People's Bank of China in a bid to kowtow to regulatory concerns.April 12, 2021 by Campbell Kwan in Finance
Suncorp ditches marketplace strategy as insurance profit drops 14%It also paid AU$155 million in regulatory and customer remediation costs in response to the Royal Commission.August 6, 2019 by Campbell Kwan in Finance
NAB remains on track for its 'digital first' transformation strategySince September 2017, NAB has moved 8% of its applications to cloud and reduced its full-time staff by 2,524.May 1, 2019 by Campbell Kwan in Finance