Breaking News: European Banking Authority to Set Groundbreaking Rules for Stablecoin Monitoring!

The Impact of EBA’s Monitoring Framework on Stablecoin Issuers Regulatory Caps Threaten Operations The European Banking Authority (EBA) plans to finalize its monitoring framework for stablecoin issuers by the end of this month, according to a report by Coindesk. This development is in line with the broader regulations set forth by the Markets in Crypto-Assets…

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Innovative, Articulate, and Easy to Follow: Abra Settles with 25 US State Regulators, Agrees to Return $82M to Customers

The Abra Settlement: A Closer Look at the Cryptocurrency Company and its CEO Introduction Cryptocurrency company Abra and its CEO, William “Bill” Barhydt, recently settled with 25 state financial regulators in the United States for operating a crypto business without obtaining appropriate licenses. This comes as a major blow to the company, which offered crypto…

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Expert Analysis: Scotia Bank Criticizes June BOC Rate Cut as a Policy Mistake

The Impact of Rising Core Inflation Gauges on the Economy The Bank of Canada’s preferred core inflation gauges, such as trimmed mean and weighted median CPI, surged in May, indicating a reacceleration of underlying inflationary pressures. This has sparked concerns among economists and policymakers about the potential impact on the economy. Core Services Inflation Core…

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