Day: July 20, 2022
Central Bank seeks to anticipate and support innovation in the financial services industry Firms in novel areas must ensure their businesses will not be used to launder the proceeds of crime or to finance terrorism Central Bank issues a bulletin to virtual asset service providers (VASPs) to assist them in strengthening their applications and frameworks […]
The IMF’s review recognises considerable progress in strengthening the framework for financial sector regulation, supervision and crisis management in Ireland. An increasingly large, complex and rapidly evolving financial system in Ireland raises new challenges for the future. Review makes targeted recommendations for further work, which will be considered by the Central Bank as it implements […]
Senator Cynthia Lummis said that non-crypto-versed Senators will need some time to understand and digest the proposals. 289 Total views 4 Total shares The major bipartisan crypto bill led by U.S. Senators Cynthia Lummis (Republican) and Kirsten Gillibrand (Democrat) will most likely be deferred to next year according to the duo. Speaking during Bloomberg’s Crypto Summit […]
Shares of Novavax Inc. NVAX, +11.60% jumped 11.9% in trading on Tuesday after the Centers for Disease Control and Prevention’s Advisory Committee on Immunization Practices voted in favor of the company’s COVID-19 vaccine. The next step is for CDC director Rochelle Walensky to decide whether to sign off on the decision; if she does, the […]
Ethereum is outperforming the broader cryptocurrency market as the highly anticipated Merge approaches, but the bigger picture is still largely bearish. Ethereum (ETH) has gained a whopping 48% over the past seven days, outperforming its big brother Bitcoin, which has only managed to achieve 19% in the same period. It’s also up 66% from its market […]
The U.S. has new intelligence that Russia is planning to annex more Ukrainian territory, the Biden administration said Tuesday. Briefing reporters at the White House, John Kirby, the National Security Council’s strategic communications coordinator, said such a move would be “illegal and illegitimate,” and that Russia would face extra sanctions. Kirby said the U.S. would […]
Stocks rose sharply Tuesday in a broad rally, gaining ground as investors focused on earnings and guidance as equities extended a bounce from their June lows. The Dow Jones Industrial Average rose around 754 points, or 2.4%, to close near 31,827, according to preliminary figures. The S&P 500 SPX, +2.76% jumped 2.8% to finish near […]
The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 1.9 million barrels for the week ended July 15, according to sources. The API data also reportedly showed a weekly inventory climb of 1.3 million barrels for gasoline and a supply decline of nearly 2.2 million barrels for distillates. Oil stocks at […]
