Business

Russia wants BRICS nations to explore new trade currency
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4 April, 2023

Russia wants BRICS nations to explore new trade currency

India and Russia should take the lead in forming a financial relationship to ultimately create a new common currency, according...
Zipmex creditors get their hopes up after exchange receives moratorium extension
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4 April, 2023

Zipmex creditors get their hopes up after exchange receives moratorium extension

The Singapore High Court has approved the creation of an “Administrative Convenience Class” made up of creditors with assets under...
US banking watchdog’s new fintech office opens on April 10
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3 April, 2023

US banking watchdog’s new fintech office opens on April 10

The office, first announced in October 2022, builds on and incorporates the Office of Innovation which the regulator established seven...
UK economic crime plan seeks to clamp down on crypto money launderers and kleptocrats
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3 April, 2023

UK economic crime plan seeks to clamp down on crypto money launderers and kleptocrats

The U.K. government has laid out its three-year plan to step up regulation, monitoring and enforcement of digital assets, as...
Revolut’s response to audit report frustrates its own board
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3 April, 2023

Revolut’s response to audit report frustrates its own board

Belgian accounting firm BDO Global has warned of a risk that 75% of Revolut’s 2021 revenue was materially misstated, casting...
Bitcoin profits are taxable, Denmark Supreme Court rules
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3 April, 2023

Bitcoin profits are taxable, Denmark Supreme Court rules

Two rulings by the Supreme Court of Denmark have come to the same conclusion: that the profits of bitcoin sales...
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