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Archive · November 29, 2025

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The Lead

Story 01

FinCEN Urges MSBs to Monitor Cross-Border Transfers Closely

The Financial Crimes Enforcement Network (FinCEN) has issued a new alert to money services businesses, emphasizing the need for stringent monitoring of cross-border transfers, especially from individuals without legal status in the U.S. This initiative is part of FinCEN's broader strategy to curb illicit financial flows and enhance national security.

Also Worth Knowing
02

Ripple's Stablecoin Approved for Expansion in the Middle East

Ripple's USD stablecoin (RLUSD) has secured approval from Abu Dhabi’s Financial Services Regulatory Authority, marking a pivotal expansion in the Middle East. This endorsement enables RLUSD to operate as an Accepted Fiat-Referenced Token, potentially amplifying Ripple's influence and operational footprint in the region.

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03

EU Set to Enhance Consumer Protections with New Payment Regulations

The European Union is advancing its Payment Services Regulation (PSR) and the Third Payment Services Directive (PSD3), aimed at bolstering consumer protections. These regulations will enforce better safeguards against online fraud and hidden fees, ensuring payment service providers and online platforms are accountable for certain customer losses.

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04

US Bank Tests Blockchain with Stablecoin on Stellar Network

US Bank is exploring blockchain technology by testing the issuance of custom stablecoins on the Stellar network. This pilot could signal a significant shift in how major U.S. banks approach blockchain and digital currencies, potentially leading to wider adoption in mainstream financial services.

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05

Visa Partners with Aquanow to Boost Stablecoin Settlements

Visa has teamed up with digital asset platform Aquanow to enhance its stablecoin settlement capabilities in the Cemea region. This partnership aims to streamline the settlement process for digital currency transactions, reinforcing Visa's commitment to integrating blockchain technology into its global payment network.

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The Long Memory
Did you know that the first mobile payment systems were introduced in the Philippines and Kenya, revolutionizing money transfer and banking services in regions with low bank penetration?

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