Category: Regulation
BIS Backs Rate Hike Despite Risk Of Recession
The Bank for International Settlements (BIS) is recognized as the umbrella body for the world’s central bank. The body recently urged all major economies to…
Russian Central Bank Reduces Key Rate To 7.5%
On Friday, the Bank of Russia announced that it was trimming its key lending rate to 7.5%, which would make it a reduction of 50…
BoE’s Bailey Talks About Rate Hikes And Soaring Inflation
On Wednesday, the Governor of the Bank of England, Andrew Bailey, and other top policymakers had a meeting with lawmakers about their decision to hike…
Brazil Authorities Interrogate a Local Govt Chief for Involvement in Money Laundering
The law enforcement authorities in Brazil have recently raided the house of a local government chief. The sources reveal that the authorities have reasons to…
Australia To Adopt New Strategy For Crypto Regulation
With crypto regulation becoming a hot topic worldwide, Australian authorities have unveiled their plans about regulating the market. The Australian Labor Party (ALP), which is…
Uphold Halts Services in Venezuela due to Sanctions
Crypto trading platform Uphold recently announced that it would no longer be offering its services to clients in Venezuela. This was in response to the…
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