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The Daily NewsBrief

The Daily NewsBrief

Currencies

EU Financial Regulators Warn Consumers Against Crypto-asset Investments

March 17, 2022

European Union financial regulators warned retail consumers against buying crypto-assets, saying many crypto-asset investments are highly risky and speculative. The European Supervisory Authorities (ESA) released a joint statement on Thursday … Read more

Media Topic: Tags Cryptocurrency Derivative securities Places: Places

Biden Announces Move to Regulate Cryptocurrencies

March 9, 2022

U.S. President Joe Biden has signed an executive order on Wednesday to push federal agencies to draft cryptocurrency regulations. According to the order, It is the first attempt of the … Read more

Media Topic: Tags Cryptocurrency Cyber crime Regulations Places: Places

Coinbase Blocks Russian Crypto Wallets

March 8, 2022

Coinbase announced it has blocked more than 25,000 addresses in Russia that were reportedly linked to illegal activities.  “Over the past few weeks, governments around the world have imposed a … Read more

Media Topic: Tags Banking Cryptocurrency Cyber crime Economic sanction War Places: Places

Sri Lanka Runs Out of Cash to Buy Basic Necessities as Dollar Crisis Worsens

March 2, 2022

Sri Lanka has ran out of cash to import fuel and other basic goods as global prices skyrocket in the middle of the island’s worsening foreign exchange crisis. Bus operators … Read more

Media Topic: Tags Energy market Foreign exchange market Imports International trade Places: Places

UK Tax Authority Seizes NFT for the First Time in £1.4 Million Fraud Case

February 14, 2022

The tax authority in the United Kingdom seized three non-fungible tokens (NFTs) for the first time as part of an investigation into an attempt to defraud it of £1.4 Million … Read more

Media Topic: Tags Cryptocurrency Fraud Investigation (criminal) Law enforcement Places: Places

India Plans to Debut Digital Currency in 2023

February 7, 2022

India’s finance minister announced in a budget speech that the central bank is planning to unveil its own digital currency soon, and could debut in early 2023. Finance Minister Nirmala … Read more

Media Topic: Tags Central bank Cryptocurrency Currency Information technology and computer science Places: Places

Biden Administration to Release Executive Order on Cryptocurrencies

January 28, 2022

The Biden administration is preparing to release an executive order to outline a government-wide strategy to regulate cryptocurrencies, according to reports. According to several reports citing unnamed sources familiar with … Read more

Media Topic: Tags Cryptocurrency Economy, business and finance National security Politics Regulations Places: Places

UAE, Turkey Sign Currency Swap Agreement

January 19, 2022

The central bank of the United Arab Emirates (CBUAE) and the Central Bank of Turkey on Wednesday announced the signing of a three-year currency swap deal worth $4.09 billion. In … Read more

Media Topic: Tags Business finance Business governance Central bank Currency Trade agreements Trade balance Places: Places

Kim Kardashian, Paul Pierce, and Floyd Mayweather Sued Over Crypto Scam

January 12, 2022

Kim Kardashian, Floyd Mayweather Jr. , and Paul Pierce along with other celebrities have been sued for allegedly leading investors into a cryptocurrency “pump and dump” scam. New York resident … Read more

Media Topic: Tags Celebrity Cryptocurrency Fraud Places: Places

Central Bank of Mexico to Have Digital Currency by 2024

December 31, 2021

The Mexican government announced on Wednesday the circulation of its own digital currency by 2024. “Banxico reports that it will have its own digital currency in circulation by 2024,” the … Read more

Media Topic: Tags Banking Central bank Currency Economic globalization Places: Places
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