Coinbase Acquires Cyprus Derivatives License for EU Crypto Expansion
Key Insights Coinbase acquiring Cyprus firm for EU derivatives license to offer futures, options Comes as exchange faces regulatory lawsuit…
FINRA Fines UBS $100k Over Transaction Reporting Failures
Key Insights UBS pays $100k fine for lacking municipal trade fee transparency from 2016-2021 Failed to properly flag 91k no-commission…
Singapore Banks Tightens Customer Checks Following $1.8 Billion Laundering Scandal
Key Insights Singapore banks are implementing stricter client checks due to a $1.8 billion money laundering scandal. Customers are being…
Is the UK Heading Towards a Recession? PMI Plummets to 46.8
Key Insights Is the UK heading towards a recession? UK’s PMI fell to 46.8 in September, its lowest level since…
US National Debt Surpasses $33 Trillion
Key Insights The US national debt has exceeded $33 trillion, marking a historic high, as reported by the Ministry of…
Turkey’s Inflation Reaches Alarming Heights: Surges to 60%
Key Insights Inflation in Turkey has shot up again to almost 60 percent in August. The local currency, the lira,…
Argentina Devalues the Peso by 18% to 350 per Dollar
Key Insights Argentina has devalued the official peso rate by 18%. The Central Bank of the country raised the key…
Credit Suisse Shareholders to File Class Action Lawsuit Over UBS Merger
Key Insights About 500 individual shareholders of Credit Suisse will file a class-action lawsuit in the commercial court of Zurich…