News about FinTech
Financial professionals are reevaluating their stance on artificial intelligence, shifting from blind enthusiasm to pragmatic criticism. An international regulatory body is calling for tighter controls on the use of artificial intelligence in the financial sector after Anthropic released Mythos, which experts say poses a serious cybersecurity threat to the banking industry.
In order to increase tax transparency and to comply with the latest technological developments, the Moldovan government intends to ratify the Amendment to the Multilateral Agreement of Competent Authorities on Automatic Exchange of Financial Account Information (AEOI). The Cabinet of Ministers will consider the relevant draft at its next meeting.
The State Tax Service informs that some economic entities are obliged to ensure the acceptance of non-cash payments in Moldovan lei until July 1, 2026.
Moldovan startups lack cooperation with universities and at least one venture capital fund.
Major investors are predicting the collapse of the neural network economy in its current form. Billionaire Ray Dalio, founder of Bridgewater Associates, has predicted the deflation of the artificial intelligence bubble. The reasons will be related not so much to the financial failure of companies working in this field, but to the banal desire of investors to lock in profits. All the signs of retreat are already in place. Meanwhile, a downturn in the AI sector could hit the broader economy: first of all, the American economy, but eventually the global economy as well.
Billionaire Jack Dorsey’s company Block has introduced an unusual payment accessory for the Cash App service – a miniature “magic wand” with a built-in NFC chip. It can be used to pay for purchases in stores just like using a bank card or a smartphone.
After 18 years since its foundation – at a time of full maturity – iute Moldova prefers to measure its success not by statistics or turnover, but by the fate of the people it has supported. What started as an ambitious team in a single office in Chisinau has today grown into a digital financial ecosystem that has an impact on the entire region. Throughout this formative journey, the company has taken on a responsibility that goes beyond business: to remain a trusted partner that addresses the real day-to-day needs of the community.
The Organization for Enterprise Development (ODA), in collaboration with the Ministry of Economic Development and Digitalization, announces the launch of a competition to select the first investment partner for the implementation of the financial product “Fund of Funds through First Loss Tranche”.
The Ungheni city mayor’s office will issue for the first time municipal bonds worth 10 million lei, meant to finance projects on the rehabilitation and modernization of the municipality’s road infrastructure.
Over the past ten years, the National Bank of Moldova’s sanctions policy has gone through several phases: from targeted fines of tens and hundreds of thousands of lei in 2017–2020 to individual sanctions amounting to tens of millions of lei in 2022, and subsequently to a more systematic tightening of supervision in 2025–2026.
Analysts named the reasons for the fall of bitcoin, predicted how it will behave in June, and told what to pay attention to cryptocurrency market participants
The sanctions applicable to owners of exchange offices for circumventing currency transaction rules will be moved to the Contravention Code.
Pavel Durov renamed the cryptocurrency Toncoin (TON) to Gram (GRAM). The Telegram founder called the rebranding a return to the roots. No action is required from token holders.
The improved module “Management of VAT payers” in the Automated Information System “e-Cerere” will reduce the number of errors when filling out applications for VAT refunds, obtaining or withdrawing VAT payer status, etc.
The idea of creating cryptobanks is being promoted at the legislative level in Belarus. The document “On Cryptobanks and Certain Issues of Control in the Sphere of Digital Signs (Tokens)” provides for the creation of conditions for their activities.
Investors are more cautious about the future of payment companies – from online services to the world’s largest payment systems. UBS has come to this conclusion after analyzing what business growth is now embedded in share prices.
The program will be structured around several priority areas: developing financial services and digital payments, protecting financial consumers, and strengthening financial education.
A group of the world’s leading central banks and more than 40 major commercial banks are stepping up testing of one of the world’s most closely watched digital payments projects, Agora, as the race to modernize and dominate the international financial architecture heats up.
The European Central Bank (ECB) warned of the risks of issuing euro-stablecoins – they can reduce bank lending and complicate control over interest rates. About it writes Reuters with reference to sources.
The European Union has officially cut off access to the digital ruble and Russian-linked cryptocurrency platforms. On May 24, the 20th package of EU sanctions came into force, which for the first time imposes large-scale restrictions against Russian cryptoinfrastructure.
