Rome (16/11 – 57) Sri Lanka is mired in a deep political and economic crisis and the country’s then President Rajapaksa has flown out of the country, days after a huge crowd of protesters stormed his residence in July 2022. Protesters for…
Cryptocurrency
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Bilateral RelationsBusinessCryptocurrencyDefenceEconomyEnvironmentFeaturedGlobal NewsGovernmentNational SecurityNewsPoliticsWorld News
Misplaced Enthusiasm about a BRICS Currency
Toronto, Atlanta (10/11 – 50) As recently as the early 1980s, central bankers around the world could be heard moaning and groaning about having to hold physical gold reserves to…
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CryptocurrencyEconomyFeaturedFinancial SupportNewsUK
The United Kingdom Introduces New Rules for Marketing Cryptoassets
by Freddy Evansby Freddy EvansThe UK’s Financial Conduct Authority (“FCA”) has introduced robust new rules for those marketing cryptoassets to UK consumers. In Policy Statement PS23/6, new requirements covering financial promotions for all firms aimed…
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CryptocurrencyEconomyUKUK Government
UK Enforces Crypto Tax Break for Foreigners Using Local Brokers
by Flynn Owenby Flynn OwenThe U.K. is enforcing a tax exemption for foreign investors purchasing crypto through local investment managers or brokers starting Sunday. The tax break, announced in December, is a part of Prime Minister Rishi Sunak’s…
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CrimeCryptocurrencyEconomyFeaturedFinancial SupportGlobal NewsWorld News
The rise and fall of an FSB-run money laundering empire
As the head of the banking oversight department at Russia’s domestic intelligence agency, Colonel Kyrill Cherkalin wielded immense power: with a click of his fingers, he could cause bankruptcy or…