THE globe

NEW YORK–The United Nations Department of Social and Economic Affairs Expert Group (UN DESA) meeting was given an update on ways credit unions support financial inclusion for rural and underserved communities.

BRASILIA, Brazil—Both national and global companies will participate in the upcoming Brazilian central bank digital currency (CBDC) pilot project.

MOSCOW—With separate motivations in each country, China and Russia are set to accelerate their development of a new payments infrastructure that will serve the economic partnership known as BRICS, according to a new report. 

MADRID, Spain—The International Organization of Securities Commissions (IOSCO) has introduced what it said is the first global approach to regulating crypto asset and digital markets.

HONG KONG—Hong Kong is calling on commercial banks to “play nice” with virtual asset service providers (VASPs) as the city-state continues to position itself as a top global digital asset destination, according to a new report.

BRUSSELS, Belgium—Detailed plans are taking shape for the E.U.'s new anti-money laundering agency.

DUBLIN, Ireland–Ireland’s credit unions have retaken the top spot for reputation in the country in a national survey. After two years, credit unions, which have traditionally been highly rated, replaced An Post in the pole position, according to the Irish Independent

DUBLIN, Ireland–Social enterprise funder Community Finance Ireland (CFI) has announced plans to collaborate with this country’s credit unions on a co-lending project to help enhance lending to charities and sporting groups.

LONDON—Global investments in the fintech sector fell by more than 30% last year from 2021’s record high levels, according to new research by KPMG.

STRASBOURG, France—Lawmakers in the European Parliament have approved the world’s first comprehensive package of rules aimed at regulating the cryptocurrency industry.