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Ghana Ranked as Country With Second-Highest Debt Default Risk Globally


According to Visual Capitalist, Ghana is now placed second on its list of countries with the highest default risk in 2022. Only four countries, namely, Ukraine 10,856 basis points (bps), Argentina (4,470), El Salvador (3,376), and Ethiopia (3,035) have a credit default swap spread that is higher...

Putin Signs Law Prohibiting Payments With Digital Assets in Russia


President Vladimir Putin of Russia has signed into law a bill banning payments with digital financial assets. The legislation obliges exchange operators to refuse to process transactions facilitating the use of DFAs, a legal category currently covering cryptocurrencies, as “monetary...

UK Court Allows Civil Case Claimant to File NFT Legal Documents


Non-fungible tokens (NFTs) have found a way into the British legal system – just weeks after a similar development in the United States. Per the legal firm Giambrone & Partners, the High Court of England and Wales granted Fabrizio D’Aloia, an Italian engineer and the Founder of the online gambling...

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