News Centre

Acting Comptroller OF The Office Of The Comptroller Of The Currency Discusses Innovation In Digital Assets

Date 21/09/2021

Acting Comptroller of the Currency Michael J. Hsu today discussed blockchain, cryptocurrencies, decentralized finance, and key lessons from the 2008 financial crisis that should guide the future of digital innovation during remarks before the Blockchain Association.

Statement By The IMF Spokesperson On The IMF Executive Board’s Meeting On The Report On Investigation Of Data Irregularities In Doing Business 2018 And Doing Business 2020

Date 21/09/2021

The IMF’s Executive Board met today for an initial briefing from the Ethics Committee on the matter related to Managing Director Kristalina Georgieva’s alleged role in the World Bank’s Doing Business 2018 as described in the Investigation’s Report.

Readout: US Secretary Of The Treasury Janet L. Yellen’s Call With Italian Minister Of Economy And Finance Daniele Franco

Date 21/09/2021

Earlier today, U.S. Secretary of the Treasury Janet L. Yellen spoke with Italian Minister of Economy and Finance Daniele Franco. They discussed the importance of advancing global tax reform efforts in the OECD/G20 discussions on international taxation and finding a compromise on the withdrawal of digital services taxes in that context. Secretary Yellen thanked Minister Franco for the close cooperation between the U.S. and Italian teams and his dedication to this effort

Trade Associations Respond To Basel Committee Consultation On Cryptoassets

Date 21/09/2021

On September 20, 2021, ISDA, the Global Financial Markets Association, the Financial Services Forum, the Futures Industry Association, the Institute of International Finance and the Chamber of Digital Commerce submitted a joint response to the Basel Committee on Banking Supervision (BCBS) on its consultation on preliminary proposals for the prudential treatment of cryptoasset exposures.

Bermuda Stock Exchange Begins Publishing MIAX Pearl Equities Market Data To The Pyth Network

Date 21/09/2021

MIAX, creator and operator of highperformance securities exchanges, products and services, today announced that the Bermuda Stock Exchange (BSXTM), a wholly-owned subsidiary of Miami International Holdings, Inc., the parent company of MIAX, has successfully commenced publishing MIAX Pearl EquitiesTM market data for 10 actively traded U.S. companies to the Pyth Network.  This is the first initiative by BSX to provide high fidelity data to the Pyth Network.  Bermuda is recognized as having a strong fintech and digital regulatory framework created by the Bermuda Government with the passage of the Digital Asset Business Act of 2018 (DABA).

NGX To Host Inaugural TechNovation Conference

Date 21/09/2021

Nigerian Exchange (NGX) Limited is set to host the inaugural edition of its TechNovation Conference on Thursday, 30 September 2021.

EBA Sees Rapid Growth In The Use Of Digital Platforms In The EU’s Banking And Payments Sector And Identifies Steps To Enhance The Monitoring Of Market Developments

Date 21/09/2021

• The use of digital platforms in the EU’s banking and payments sector is growing rapidly and offers opportunities for EU consumers and firms.
• Platformisation is resulting in new dependencies between financial and non-financial firms but supervisors are facing challenges in monitoring developments.
• The EBA sets out measures to strengthen supervisory capacity to monitor developments in the EU banking and payments sector to ensure risks can be identified in a timely and coordinated manner.

Moscow Exchange: Risk Parameters On Securities Market

Date 21/09/2021

CCP NCC sets the following risk parameters on Securities market starting from 22.09.2021 :

U.S. Department Of The Treasury Takes Robust Actions To Counter Ransomware - Targets First Virtual Currency Exchange For Laundering Cyber Ransoms - OFAC Updates Ransomware Advisory To Encourage Reporting And Cyber Resilience

Date 21/09/2021

As part of the whole-of-government effort to counter ransomware, the U.S. Department of the Treasury today announced a set of actions focused on disrupting criminal networks and virtual currency exchanges responsible for laundering ransoms, encouraging improved cyber security across the private sector, and increasing incident and ransomware payment reporting to U.S. government agencies, including both Treasury and law enforcement.  Treasury’s actions today advance the United States government’s broader counter-ransomware strategy, which emphasizes the need for a collaborative approach to counter ransomware attacks, including partnership between the public and private sector and close relationships with international partners.

SEC Charges Puerto Rican Company And Managing Members With Fraud

Date 21/09/2021

The Securities and Exchange Commission today announced charges against Puerto Rico-based Back to Green Mining LLC and its two managing members, José Jiménez Cruz and Manuel Portalatin, for their participation in a fraudulent and unregistered offering in a purported "green" mining venture.