Russia’s financial regulator maintains that its anti-money laundering system, including strengthened virtual currency regulations, remains effective even if the country faces potential blacklisting by the Financial Action Task Force (FATF). The agency highlighted new federal laws addressing previous concerns and stressed that no significant deficiencies exist that would justify Russia’s inclusion on the FATF blacklist, […]
Analysts React to China’s Lackluster Stimulus Measures: Will a ‘Big Move’ Follow?
Chinese investors have been left wanting more from the latest stimulus measures announced by authorities. Analysts are attempting to explain the reasons behind China’s lack of deeper action to stimulate its economy and how this might affect the Asian giant’s commercial partners. China’s Weak Stimulus Measures Stifle Markets, Analysts Try to Explain the Reasons Behind […]
Deep Chainsaw: Milei’s Government Prepares New Measures to Curb Public Spending
Federico Sturzenegger, Argentine President Javier Milei’s Minister of De-Regulation and State Transformation, explained that the administration is preparing to implement new measures to reduce public spending. Calling it “Deep Chainsaw,” Sturzenegger revealed that the government is working on liberalizing passenger freight transport, air transport, the medicines market, and sports associations. “Public employment has fallen by […]
WordPress.org Introduces New Security Measures for Plugin and Theme Authors
Starting October 1st, 2024, WordPress.org will roll out new security measures aimed at enhancing the safety of accounts with commit access to plugins and themes. This was announced by the Automattic-sponsored developer Dion Hulse. Mandatory Two-Factor Authentication Beginning next month, WordPress.org will make two-factor authentication (2FA) mandatory for all plugin and …
Italy Proposes Stringent Measures to Tackle Crypto Market Manipulation
Italy is taking steps to enhance surveillance of crypto assets and address associated risks. According to a draft decree reviewed by a news agency, the plan includes imposing high fines on those who manipulate the market. The fines range from $ 5,400-$ 5.4 million (€5,000 to €5 million) for offenses such as insider …