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Nalezeno "Organization": 494

Trade Bloc of Former Soviet States Ditches Dollar in 90% of Settlements


Trading within a Russia-led regional organization has effectively moved away from the U.S. dollar, according to the deputy head of the Russian government. The use of national currencies in the bloc’s transactions has reached around 90%, the official pointed out. EAEU Replaces Dollar in Trade With...

FATF President Urges G7 to Lead in Shutting Down ‘Lawless Crypto Space’


It is necessary to put an “end to the lawless crypto space,” according to the head of the Financial Action Task Force (FATF). G7 nations must set an example in implementing global standards on combating money laundering, the executive insisted, as little progress has been made in regards...

Crypto Self-Regulatory Organization Plan Floated in US House Hearing


US lawmakers drifted the idea of regulating cryptocurrency through a self-regulatory organization putting both the Securities and Exchange Commission and the Commodity Futures Trading Commission in charge. Rep. Stephen Lynch, D-Mass., asked former CFTC Chair Timothy Massad what measures would...

Iran Sets Up Platform to Facilitate Crypto Payments for Imports


Authorities in Iran are taking steps to make crypto payments easier for companies importing goods in the sanctioned country. A dedicated platform has been established to allow local businesses to transfer cryptocurrency for the purpose of cross-border settlements. Iran to Use Cryptocurrencies...

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