PYMNTS News
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Trading
Nigeria Moves to Ban P2P Naira Crypto Trading
Nigeria is reportedly stepping up its cryptocurrency crackdown with a proposed ban on peer-to-peer trading. The ban would affect P2P trading in…
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Financial Market
Swiss National Bank: Wholesale CBDC Eliminates Barriers
The Swiss National Bank (SNB) is conducting a pilot project that has used wholesale central bank digital currency (CBDC) and successfully settled…
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Investment
Microsoft’s Makes $1.7 Billion Bet on Indonesia AI
In a move that underscores the growing global interest in artificial intelligence (AI), Microsoft has announced an investment of $1.7 billion…
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Currencies
HighRadius Launches Cross-Border B2B Payments Platform
HighRadius has launched a B2B payments platform designed to improve payment processes across more than 100 payment methods globally. The platform is designed…
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Financial Market
EU Leaders Seek Reforms to Attract Private Capital
European Union (EU) leaders reportedly aim to harmonize the member nations’ bankruptcy and corporate tax laws. The leaders will call for…
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Currencies
Currency Matching Key to Competing in International B2B Markets
A business-to-business (B2B) payment is never just a payment. The global B2B marketplace, with an annual payments volume over $100…
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Commodities
CFTC Charges KuCoin With Violations of Commodity Exchange Act
The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against the entities that operate KuCoin, a centralized digital asset exchange.…
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Investment
Investment Advisers Made Phony AI Claims
Federal regulators have charged two investment advisers with making fraudulent claims about their AI usage. Delphia and Global Predictions have agreed…
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Investment
Mercado Libre Investing $2.5 Billion to Bolster Mexico
Latin American eCommerce and payments firm Mercado Libre is reportedly set to invest a record $2.5 billion in Mexico this…
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Investment
Standard Chartered Overhauls Investment Banking Leadership
Standard Chartered has made a number of changes to its leadership team. The British banking giant announced Tuesday (March 11) that…
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