Category: Regulation
FTX Lawsuit Takes Aim At Prominent Celebrities For Promoting Exchange
A class action lawsuit has been filed by a group of investors against the now-defunct crypto exchange FTX, its founder and CEO Sam Bankman-Fried, as…
Top Official In Hong Kong Concerned About Traders Placing Bets On Foreign Currencies
Traders Betting Against Local Currency Likely To Lose Hong Kong recorded huge volatility existing in the regional stock markets. However, Paul Chan, who is the…
DBS Bank Of Singapore Trades In State Securities And FTX Using Cryptocurrencies
An Asia-based major financial services group, DBS Bank has made quite an interesting revelation. It has announced that it has been applying decentralized finance (DeFi)…
European Commissioner Looks To Collaborate With The Crypto Industry To Better Regulate DeFi
The DeFi market, despite seeing some of the worst downfalls throughout any financial market, is still holding on. Even though many of the companies that…
Cryptocurrencies Accepted By South Africa As A Financial Product
A notice has recently been issued by South Africa’s Financial Sector Conduct Authority (FSCA) that is favoring cryptocurrencies. The notice published by the FSCA on…
Japan Is Determined To Proceed With Intervention If Speculation-Driven Currency Moves Do Not Settle
Shunichi Suzuki, the Finance Minister held a press conference on Tuesday, where she talked about the current situation of the yen. Finance Minister’s Statement As…
Argentina To Control It’s Imports In An Effort To Preserve US Dollars
The most recent swing in the Forex market has led to various countries becoming very careful with how they go about utilizing their reserves. Foreign…
Monthly Fees Have Been Implemented By Uzbekistan Over Companies Dealing In Cryptocurrencies
Uzbekistan has just made an announcement that suggests that things are getting tightened up for the cryptocurrency firms in the country. A new rule has…
Bank Of England (BoE) Expected To Go Big On Rate Hike In November
Even though the British pound has recorded massive declines, the Bank of England (BoE) is not expected to boost interest rates before its scheduled announcement…
UK Economy Still Below Pre-Pandemic Levels
On Friday, data published showed that the UK economy was still below its peak before the pandemic had hit, which left the country away from…
