Crypto Sector Could Suffer in Pakistan as Its Central Bank Looks to Ban Cryptocurrencies: Report

Crypto Sector Could Suffer in Pakistan as Its Central Bank Looks to Ban Cryptocurrencies: Report

After El Salvador made Bitcoin a legal tender in September last year, the crypto culture witnessed expansion in several parts of the world. However, the crypto sector could likely encounter obstacles in Pakistan. The central bank of Pakistan is reportedly considering a ban on all cryptocurrencies from operating in the country. As per Chainalysis’ Global … Read more

Bank NPAs, housing sector momentum, crypto risks: Key takeaways from RBI report

Bank NPAs, housing sector momentum, crypto risks: Key takeaways from RBI report

The Reserve Bank of India, in its Financial Stability Report of December 2021, released on Wednesday, maintained that the Indian economy has been recovering after the destructive second wave of the Covid-19 pandemic in April-May 2021, and that consumer confidence and business optimism were both growing. But it also noted that banks’ gross non-performing assets, … Read more

Nascent Crypto Sector Is the Biggest Outperformer After Skyrocketing 37,000% This Year, According to Market Research Firm

Nascent Crypto Sector Is the Biggest Outperformer After Skyrocketing 37,000% This Year, According to Market Research Firm

A prominent market intelligence firm has identified one crypto sector that is exponentially outpacing all others in terms of growth. UK-based market research firm MacroHive created four indices which the company believes capture the popular use cases of cryptocurrencies. Each index, except for Bitcoin, consists of five tokens that represent the market value of a … Read more

UK scheme to help restaurant sector increased COVID-19 cases

UK scheme to help restaurant sector increased COVID-19 cases

Share on PinterestChancellor of the Exchequer Rishi Sunak places an Eat Out to Help Out sticker in the window of a business during a visit to Rothesay on the Isle of Bute, Scotland, in August 2020. Jeff J Mitchell/PA Images via Getty ImagesChancellor Rishi Sunak launched the United Kingdom’s Eat Out to Help Out scheme … Read more

US regulators eye the cryptocurrency sector

US regulators eye the cryptocurrency sector

In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.Lately, news headlines are focused on regulators’ concerns over the lack of investor protections in the cryptocurrency market, … Read more

Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector – Regulation Bitcoin News

Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector

The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies. Regulators Accused of Failure to Take Russian Crypto Market Out of Shadow Russian … Read more

N.B. COVID-19 roundup: 5 more deaths, 7,000 public sector employees unvaccinated

N.B. COVID-19 roundup: 5 more deaths, 7,000 public sector employees unvaccinated

Five more New Brunswickers have lost their lives to COVID-19, Health Minister Dorothy Shephard announced Friday. Four people in the Moncton region, Zone 1 – including two people 60-69, a person 70-79 and a person 80-89 – and a person 70-79 in the Campbellton region, Zone 5, have died. This pushes the province’s death toll to 106. … Read more

Victoria Covid update: record cases as treasurer blasts PM’s lack of support for building sector | Victoria

Victorian businesses affected by the construction industry’s two-week shutdown will be given almost $200m in financial support, as the sector prepares to reopen.Victoria recorded 1,488 new cases of coronavirus in the 24 hours to Saturday morning, and two men aged in their 60s from Hume and the Mornington Peninsula have died.The Victorian treasurer, Tim Pallas, … Read more