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The Financial Conduct Authority (FCA) has granted the Electronic Money Institution (EMI) license to Volt, a paytech company based in the UK. This significant development allows Volt to issue virtual accounts to customers as a standalone product, marking a notable step forward in the diversification of the fintech industry.
In a case against e-commerce platform IndiaMART, PUMA has accused the platform of facilitating the sale of counterfeit PUMA products by third-party sellers. This has allegedly infringed PUMA’s registered trademarks and caused damage of reputation for the sports brand.
Hong Kong aims to balance innovation with investor protection through its guidelines on virtual asset trading platforms.

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