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Report: Terror Groups Using South African Financial System to Move Funds


Sympathizers of the terror group, the Islamic State (IS) are allegedly using South Africa’s financial system to channel funds to the group’s affiliates and networks in Africa. The United States government has so far sanctioned four South Africa-based individuals it accused...

India Hikes Duty on Imported Gold, Seeking to Bring Down Trade Deficit


In its attempt to relieve the pressure against the rupee, the Indian government announced on July 1 that it had hiked the duty on imported gold by five percentage points to 12.5%. However, there are fears the import duty hike will spur a resurgence in the smuggling of the commodity. India’s...

EU Agreement Reached on Anti-money Laundering Rules for Cryptocurrencies


European institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the obligation to help prevent money laundering, among other illicit activities potentially involving digital assets. The progress comes as the Union seeks to comprehensively...

The Best Lord Of The Rings Video Games


Tolkien’s influence on video games stretches back decades. Fans have been playing games based on The Lord of the Rings (and The Hobbit) for almost as long as there have been video games, and for every misguided flop there has been a game that has been surprisingly OK for a licensed product. And...

UST Meltdown Hasn't Spurred US Financial Stability Council Meeting: Sources


As one of crypto world’s major stablecoins – TerraUSD (UST) – slid toward disaster this week, it hasn’t triggered any meetings of U.S. government officials. Despite the recent federal stance that stablecoins could pose a rising threat to the U.S. financial system, the Financial Stability Oversight...

EA Is Once Again Making A Lord Of The Rings Video Game


I know licensing isn’t the sexiest topic, but when it comes to certain properties—like Star Wars and major sports—it plays a super important role in what games we get to play and who makes them. Which is my way of explaining why I’m writing about the surprise announcement that EA is making...

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