Tag: Financial
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South Africa advances financial inclusion with crypto and digital payment reforms
South Africa announced plans to weave digital payments and crypto into its financial fabric to boost the economy for marginalized groups.The announcement was...
Hong Kong issues regulatory standards for tokenized financial products
The Hong Kong Monetary Authority (HKMA) unveiled comprehensive regulatory standards on Feb. 20 for the sale and distribution of tokenized financial products by...
US Treasury report finds crypto use in illicit financial activity remains small but growing fraction of total flows
The U.S. Treasury Department said on Feb. 8 that its latest risk assessments show that virtual assets currently represent a small fraction of...
‘Financial sextortion’ of kids is escalating. What parents can do
Cavan Images | Cavan | Getty Images"Financial sextortion," a type of cybercrime that targets teens and tweens, is on the rise.Reports of financially...
