Anti-money laundering credentials key for Binance’s Paris plans – regulator

S.Korean game producers chase NFTs in real-money boost for players and firms

PARIS, Nov 25 (Reuters) – France’s financial sector regulator said on Thursday that crypto exchange Binance must focus on its anti-money laundering compliance if it wants regulatory backing to set up a possible regional hub in Paris.Regulators across the world have in recent months scrutinised Binance, the world’s largest exchange by trading volumes. Some have … Read more

Elizabeth Holmes admitted to a key part of the case against her

Elizabeth Holmes admitted to a key part of the case against her

Who added the Schering-Plough and Pfizer logos to the Theranos-produced lab reports that investors received? Why, none other than Elizabeth Holmes. “This work was done in partnership with those companies and I was trying to convey that,” she said on the stand today. She added the logos before sending the memos to Walgreens, which Theranos … Read more

China condemns ‘money worship’, corruption of reform era in key document

China condemns 'money worship', corruption of reform era in key document

BEIJING, Nov 16 (Reuters) – China’s ruling Communist Party slammed the “money worship”, “extreme individualism” and corruption that emerged in the four decades since the country opened up, calling for stronger party leadership and moral discipline in a key resolution released on Tuesday.The document strengthens President Xi Jinping’s dominance of the party ahead of what … Read more

TerraPay partners with MTN Mobile Money Uganda Limited to aid real-time international money transfers into key international corridors

TerraPay partners with MTN Mobile Money Uganda Limited to aid real-time international money transfers into key international corridors

Since 2020, TerraPay has been offering inbound remittances to MTN Mobile Money Uganda Limited’s mobile wallets. In its drive to build global payments highways that interconnect mobile wallets and banks across the world, TerraPay aims to cultivate inclusivity, independence, digital mobility and empowerment amongst everyone, with the additional outbound remittance channels now opened up. Speaking on … Read more

Key inflation measure records biggest jump in more than 30 years

Key inflation measure records biggest jump in more than 30 years

Over the past 12 months, prices climbed 6.2% — the biggest increase since November 1990.Stripping out food and energy prices, which tend to be more volatile, the index rose 4.6% over the same period, the biggest jump since August 1991.The overall price index rose 0.9% in October alone, adjusted for seasonal swings, significantly more than … Read more

G20 agrees on key climate goals around global warming limits and coal financing, but lacks firm commitments

G20 agrees on key climate goals around global warming limits and coal financing, but lacks firm commitments

But the final communiqué lacked firm pledges and failed to put an end date on the actual use of coal. It did not make any commitments to improve on issues like climate finance, paving the way for difficult negotiations at the COP26 summit in Glasgow, which kicks off in earnest on Monday.In the final statement, … Read more

The absence of key world leaders hangs over Biden’s first G-20

The absence of key world leaders hangs over Biden's first G-20

Standing in for the absent heads of China, Russia, Japan and Mexico were lower-level ministers dispatched in their places, a smattering of the less-well-known among some of the globe’s most recognizable leaders.Still, the decision to forgo one of the world’s foremost diplomatic events only fuels the sense that Xi and Putin have become less concerned … Read more

Tomorrow’s Top 25 Today: Michigan State makes key jump in college football rankings before playoff release

Tomorrow's Top 25 Today: Michigan State makes key jump in college football rankings before playoff release

What makes Sunday’s updated college football rankings in the AP Top 25 and Coaches Poll so interesting is the fact that they come not just on Halloween but in advance of the first release of the College Football Playoff Rankings. The AP Top 25 and CFP Rankings have rarely aligned, and this week begins a … Read more