EUR/USD 1.16427
0.379%
Gold 4672.04
1.968%
Oil 59.347
0.149%
USD/JPY 158.119
0.030%
GBP/USD 1.34260
0.347%
GBP/JPY 212.295
0.376%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
The UK government stated that the relevant proposals will be advanced in close cooperation with the Competition and Markets Authority (CMA), and that the CMAs independent decision-making role will not be altered.The UK government: The consultations include a proposal to amend the Competition and Markets Authoritys decision-making process in mergers and acquisitions and market investigations.The UK government has launched consultations on proposals to improve the UKs competition regulation system, making it "faster, more predictable, and more proportionate."On January 20th, it was learned from the Guangzhou Institute of Geochemistry, Chinese Academy of Sciences, that a research team from the institute recently used in-situ liquid-phase transmission electron microscopy to reveal for the first time the dynamic process of gold nanoparticle formation on the surface of pyrite at the nanoscale, and proposed a new mechanism for pyrite-induced gold precipitation. The study found a special "dense liquid layer" at the pyrite-water interface, which acts like a "nanofactaneous factory," effectively catalyzing gold nucleation, growth, and enrichment even in fluids with extremely low gold concentrations (only a few parts per billion), providing a completely new perspective for understanding the genesis of gold deposits. The relevant findings were published on January 20th in the international academic journal *Proceedings of the National Academy of Sciences of the United States of America*.Syrian Presidential Palace: Syrian President El Shaarawy and US President Donald Trump discussed the latest developments in Syria in a phone call, and agreed to continue cooperation in the fight against ISIS. Shaarawy and Trump emphasized the need to uphold the rights of the Kurdish people within the framework of the Syrian state.

Global crypto rules needed to keep markets clean, says UK watchdog

Cory Russell

Jul 15, 2022 14:57

微信截图_20220715144406.png


International crypto companies like Binance must be governed by global laws in order to "keep markets clean," according to a statement made on Thursday by the British Financial Conduct Authority.


The majority of the world's cryptocurrency companies are unregulated, but several nations want proof that they have effective safeguards in place to thwart money laundering.


The biggest cryptocurrency exchange in the world, Binance, was told by the FCA last year that it was "not capable of being adequately monitored" and so could not engage in any regulated activity in Britain.


Regulators in Spain, France, and Italy have this year given Binance permission to operate in those countries' domestic marketplaces.


In answer to a query on whether authorities are being pitted against one another by cryptocurrency startups, FCA Chief Executive Nikhil Rathi said at the Peterson Institute for International Economics in Washington, "I believe some global baseline norms are vital."


The clean markets that we all want depend on having excellent shared regulatory standards and information sharing across borders, according to Rathi. "As we have seen in other domains like anti-money laundering, these are essentially cross-border actions by some very well organized players," he added.


After rejecting applications from a large number of organizations, the regulator has come under fire from the cryptocurrency industry.


We will always be vigilant about consumer protection when it comes to cryptocurrencies, Rathi stated.

Rathi said that, regrettably, the FCA's long-ago warning that holders of crypto currencies may lose all of their money has come true after the recent decline in the price of bitcoin.


A global regulatory agency, the Financial Stability Board, said this week that it planned to provide draft proposals for regulating crypto assets to G20 nations in October.


Earlier this month, a French member of the European Parliament asked the French market regulator to reconsider its decision to register Binance.

Suggestion