UBS Taps Agustin Carstens and Luca Maestri for Board Seats

Published at 2026-02-27 06:30:28

Swiss banking group UBS said on Friday it has put forward Agustin Carstens and Luca Maestri as candidates for its board of directors at the annual general meeting in April. Carstens, a longtime central banker and former BIS general manager, brings regulatory and monetary policy expertise, while Maestri offers experience from his role as Apple’s chief financial officer and deep corporate finance credentials.

The nominations signal UBS’s push to strengthen oversight with a mix of public‑sector regulatory knowledge and private‑sector technology and finance experience. Approval at the AGM is required before either candidate joins the board, and investors will watch for what the appointments imply about UBS’s approach to governance, risk and potential strategic priorities such as fintech and digital-asset engagement.

UBSFinanceRegulationLuca MaestriAgustin Carstens

Share on:

Russian authorities are considering legalizing payments with fiat‑pegged stablecoins while moving to prohibit traditional cryptocurrencies for payment use. Stablecoin transactions could be governed by a dedicated legal framework to follow broader crypto legislation.

RegulationRussiaStablecoinCryptocurrencyPayments

Published at 2026-03-04 11:01:08

Binance Seeks Five More APAC Licenses in Major Asia Push

Binance plans to secure five additional operational licenses across the Asia-Pacific by the end of 2026, intensifying its regional expansion and regulatory engagement. The move follows the exchange's broader strategy to normalize local operations and grow product access.

RegulationLicensingBinanceAsiaCrypto

Published at 2026-03-04 08:00:10

Trump Urges Banks to Back GENIUS Act, Calls Weakening 'Unacceptable'

Donald Trump urged banking groups on March 3 to “strike a favorable deal” with the crypto industry and warned any effort to weaken the GENIUS Act is “unacceptable.” His intervention raises political pressure as lawmakers negotiate the stalled bill.

CryptoTrumpRegulationBanksLegislation

Published at 2026-03-04 01:30:55

New Housing Bill Would Block Fed From Issuing Consumer CBDC Until 2030

A clause in a U.S. housing bill would bar the Federal Reserve from offering a consumer-facing digital dollar until 2030, delaying any retail CBDC rollout. The measure represents a legislative rebuke to CBDC proponents and could reshape the policy timetable.

CBDCFederal ReserveFinanceLegislationUS

Published at 2026-03-04 00:00:52

SoFiUSD Comes to Mastercard Network for Stablecoin Settlements

SoFi and Mastercard will support settlement in SoFiUSD across Mastercard’s global payments network, marking a move to integrate regulated U.S. dollar stablecoins into mainstream card infrastructure. The integration aims to speed settlement and expand on‑ramp/off‑ramp options for merchants and payment providers.