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Policy
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Crypto Tax: Which Countries Have New Rules in 2023?
Global regulators are still formulating plans for handling cryptocurrencies, which function differently from conventional financial assets. Some nations…
80+ Crypto Firms Eyeing Hong Kong As a Foundation Base
Hong Kong remains committed to becoming a crypto and Web3 hub. In fact, as reported recently, China is…
7 Major Banks to Increase U.S. Dollar Liquidity via Swap Lines
On Sunday, March 19, seven major banks collaborated to unveil a coordinated action to bolster the provision of…
Ripple’s Policy Director: ‘Clickbait Headlines’ From Regulators Is Not Enough
A few hours back, U.S. Senator Elizabeth Warren took a dig at the government’s decision to save the…
Fed ‘Stands Ready’ to Provide Liquidity to Eligible Institutions
The financial landscape is currently plagued by the banking sector crisis. The unanticipated, abrupt shutdown of a string…
U.S. Banks Borrow $165 Billion From the Fed in a Week
The successive collapse of well-established financial institutions in the U.S. managed to instill fear among depositors and investors.…
European Central Bank Raises Interest Rates by 50 BPS Amidst Banking Chaos
The European Central Bank has made the decision to hike the interest rate by 50 basis points today.…
Fed to Launch Instant Payments System ‘FedNow’ in July
On Wednesday, March 15, the U.S. Federal Reserve unveiled details about its native ‘FedNow’ instant payments system. The…
BlackRock CEO: More Bank Seizures Could Occur Going Forward, Inflation To Persist
On Wednesday, March 15, BlackRock CEO, Laurence Fink warned that the regional banking sector in the U.S. continues…
California Governor Reportedly Failed to Disclose Silicon Valley Bank Ties While Lobbying for Bailout
Business Insider reported that California Governor, Gavin Newsom, failed to disclose his ties with Silicon Valley Bank while…
