Global
Global: Myanmar central bank orders firms with up to 35% foreign ownership to convert forex
Myanmar’s central bank has ordered companies with up to 35 per cent foreign ownership to convert foreign exchange into the local currency, state ...
Global
Global: Dubai Crown Prince Launches Metaverse Strategy — Fivefold Increase in Blockchain and Metaverse Companies Envisioned
Metaverse Contribution to Dubai’s Economy The crown prince of Dubai and chairman of the Dubai Executive Council, Sheikh Hamdan bin Mohammed bin Rashid ...
Global
Global: European Commission sued for violating EU’s data protection rules
The European Commission is to face a lawsuit over allegations it is violating its own data protection rules when transferring citizens’ personal data ...
Global
Global: Colombia Advances Regulatory Framework for Local Crypto Industry
The South American nation is inching toward a future where banks and crypto exchanges work together. Colombia’s government has released draft rules for ...
Global
Global: Amazon Sues Over 10,000 Facebook Group Admins Over Fake Reviews
Amazon has filed a lawsuit against administrators of over 10,000 Facebook groups that coordinate cash or goods for buyers willing to post bogus ...
Global
Global: Paraguayan Senate Approves Cryptocurrency Bill
The Paraguayan Senate has approved a bill that seeks to regulate cryptocurrencies and their operations in the country. The bill, which had already ...
Global
Global: Apple sued over Apple Pay payment system
The tech giant is being accused of using its market power in the mobile phone industry to fend off competition from other payment ...
Global
Global: Australian central bank governor favors private sector crypto technology
Phillip Lowe believes that there are risks in dealing with cryptocurrency that can be mitigated by strong regulations, but the tech should be ...
Global
Global: South Korea to start real-world testing of CBDC with 10 commercial banks
The Bank of Korea is progressing to the next phase of its central bank digital currency (CBDC) development which is real-world testing. In ...
Global
Global: Grant Thornton fined £1.3m for ‘serious failings’ in Sports Direct audits
Financial Reporting Council penalises auditor and former partner at firm over work in 2016 and 2018 Grant Thornton has been fined £1.3m for ...