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…
UK Government to Develop Regulatory Framework for Stablecoins
The Economic and Finance Ministry in the United Kingdom recently announced its plans of incorporating stablecoins in its existing regulatory framework via amendments to allow…
Report Shows MiCA Amendments Might Still be a Problem
The MiCA proposal has been drafted for regulating crypto markets throughout the European Union. Changes had been suggested to the proposal shortly before it was…
Two Founders Of A Crypto Firm Face Five Years In Prison For Tax Evasion
A couple of a crypto company’s founders that deceived investors are charged with imprisonment of as equal as a decade’s half for evading taxes. As…
Workers In El Salvador Can Get Payments In BTC
A digital wallet named Strike Wallet has just recently released a brand-new functionality called “Pay Me in Bitcoin” that lets anyone in El Salvador be…
