Category: Markets

The US Tax Agency Finalizes Crypto Reporting Rules Deciding To Tax DeFi

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The US tax agency, the Internal Revenue Service (IRS) recently finalized a new set of regulations that now require brokers to report digital asset transactions after decentralized finance (DeFi) platforms got integrated into… Continue reading The US Tax Agency Finalizes Crypto Reporting Rules Deciding To Tax DeFi

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Montenegro Approves Do Kwon’s Extradition To The US

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. It has been around 18 months since Do Kwon, the co-founder and former CEO of Singapore-based Tarraform Labs, was arrested in Montenegro after being caught trying to leave the country with a fake… Continue reading Montenegro Approves Do Kwon’s Extradition To The US

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Mastercard Agrees To Acquire Global Threat Intelligence Firm Recorded Future

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Payments giant Mastercard recently agreed to acquire Recorded Future, a global threat intelligence company owned by Insight Partners. The acquisition will cost the payments firm $2.65 billion.  From Mastercard’s point of view, the… Continue reading Mastercard Agrees To Acquire Global Threat Intelligence Firm Recorded Future

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Polish Fintech XTB Receives Indonesian and UAE Approval To Conduct Operations

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. XTB, a fintech firm headquartered in Poland, recently received two new regulatory approvals to conduct operations — one in Indonesia, and another in the United Arab Emirates (UAE). As a result, the company… Continue reading Polish Fintech XTB Receives Indonesian and UAE Approval To Conduct Operations

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Deutsche Bank In Trouble: SEC Fines The Bank $4m For Delayed Filing Of Suspicious Activity Report

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Deutsche Bank’s subsidiary, Deutsche Bank Securities Inc., recently agreed to pay a $4 million civil penalty following the US Securities And Exchange Commission’s (SEC) charges for not filing the Suspicious Activity Reports (SARs)… Continue reading Deutsche Bank In Trouble: SEC Fines The Bank $4m For Delayed Filing Of Suspicious Activity Report

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Jefferies LLC Agrees To Pay A Quarter-Million Settlement With The FINRA

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Jefferies LLC, one of Wall Street’s heavyweights, recently settled with the Financial Industry Regulatory Authority (FINRA) and several exchanges over the allegations regarding the company’s failure to meet regulatory requirements between January 2018… Continue reading Jefferies LLC Agrees To Pay A Quarter-Million Settlement With The FINRA

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Davivienda Explores Acquisition of Scotiabank’s Colombian and Central American Assets

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Banco Davivienda, a prominent Colombian financial institution under Grupo Bolívar, is reportedly negotiating the acquisition of Scotiabank’s operations in Colombia and Central America. This potential transaction aligns with Scotiabank’s strategic shift towards focusing… Continue reading Davivienda Explores Acquisition of Scotiabank’s Colombian and Central American Assets

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China Mobilizes Banking Sector to Revitalize Property Market

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. In response to a prolonged downturn in the real estate sector, Chinese authorities are enlisting the support of banks to inject liquidity into stalled housing projects and reduce mortgage rates, aiming to restore… Continue reading China Mobilizes Banking Sector to Revitalize Property Market

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Turkey Unveils $14 Billion Development Initiative for Southeastern Region

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Turkey has announced an ambitious $14 billion development initiative to uplift its predominantly Kurdish southeastern region, a historically underdeveloped area that has endured decades of conflict and economic disparity. The plan, which spans… Continue reading Turkey Unveils $14 Billion Development Initiative for Southeastern Region

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Global Edible Oil Prices Surge Amid Supply Constraints and Policy Shifts

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The global edible oil market is experiencing a notable upswing in prices, driven by tightening supplies and policy changes in key producing countries. This trend has significant implications for import-dependent nations like Pakistan,… Continue reading Global Edible Oil Prices Surge Amid Supply Constraints and Policy Shifts

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