China Cracks Down on Crypto Transfers with Stricter Foreign Exchange Rules
Key Takeaways:China enforces stricter overseas trade guidelines to observe cross-border cryptocurrency transactions and curb unlawful outflows.The rules mandate banks to ...
Tag: foreign
Russia Explores Digital Financial Assets For Foreign Trade, Finance Minister Confirms
Russia is advancing its use of digital monetary belongings (DFAs) for international commerce. The nation is able to leverage new ...
CIS Nations Ditch Foreign Currencies—85% of Trade Now in Local Tenders
Over 85% of Commonwealth of Impartial States (CIS) commerce now bypasses foreign exchange, signaling a strategic shift in direction of ...
The Hunt for the Russian Trace: Chinese Banks Implement Stricter Compliance for Foreign Payments
Chinese language banks have carried out further compliance measures for funds from the United Arab Emirates (UAE), India, and Hong ...
Hong Kong watchdog issues warning about foreign entities pretending to be crypto ‘banks’
The Hong Kong Financial Authority (HKMA) has cautioned the general public to stay vigilant towards overseas crypto companies falsely presenting ...
World Bank: Nigeria Loses $8B on Foreign Exchange Subsidies Over 3 Years
The World Financial institution reviews that Nigeria misplaced over $8 billion because of the Central Financial institution of Nigeria’s (CBN) ...
At Italy’s leading Old Master fair, dealers anticipate a foreign collector influx
The most recent version of Italy’s most prestigious Previous Masters artwork honest, the Biennale Internazionale dell’Antiquariato di Firenze (Biaf) opened ...
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