Category: Regulation
With Russians Flocking To Kazakhstan, Country Is Planning To Legalize Cryptocurrencies
Kazakhstan has made an announcement in regard to dealing with cryptocurrencies for the benefit of people moving and staying in the country. Kazakhstan to Launch…
ECB Considering Jumbo Rate Hike For Battling Inflation
On Thursday, policymakers of the European Central Bank (ECB) added more support for a big interest rate hike, as data showed that inflation in the…
Binance Re-Opens Doors For South African Users To Trade Futures Products
It had been more than a year since Binance had made an announcement that was a huge shocker for South African users. The exchange had…
Russia Developing A Mechanism To Allow International Payments In Cryptocurrencies
The regulatory authorities in Russia seem to have realized the importance of enabling cryptocurrency payments for cross-border transactions. This also means that the companies performing…
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…
