The Global Economy Comes Before Savers: ECB President Christine Lagarde Defends Negative Interest Rates
The European Central Bank President Christine Lagarde is keeping the central bank’s monetary easing policies unchanged according to her statements from a press conference last Thursday. Moreover, the central bank’s Twitter account recently shared a video of Lagarde defending negative interest rates, as the bank’s President stresses that they “support companies and people in the eurozone.” ECB President Christine Lagarde Wants to...
Iran Authorizes Banks and Currency Exchangers to Use Cryptocurrencies to Pay for Imports
The Central Bank of Iran has authorized banks and currency exchangers to use cryptocurrencies mined by licensed crypto miners in the country to pay for imports. Meanwhile, a bill is being drafted to provide regulatory clarity regarding crypto-related activities. Using Cryptocurrencies to Pay for Imports The Central Bank of Iran (CBI) has announced that banks and licensed currency exchangers can use cryptocurrency mined by licensed...
All 200 Cryptocurrency Exchanges Could Be Shut Down Under New Regulation in South Korea, Regulator Warns
The chairman of South Korea’s top financial regulator, the Financial Services Commission (FSC), Eun Sung-soo, has warned that all of the cryptocurrency exchanges in the country could be shut down. South Korea currently has about 200 cryptocurrency exchanges, he said. All Crypto Exchanges Could Be Shut Down in South Korea At the general meeting of the National Assembly’s Political Affairs Committee last week, The Korea Times quoted...
Pirates Who Illegally Streamed Jake Paul v Ben Askren Targeted in $100m Lawsuit
Social networking service Triller has filed a $100m lawsuit against 12 ‘business entities’ and 100 John Does who it claims were involved in the illegal streaming of the Jake Paul vs Ben Askren boxing match on April 17. According to Triller, these “cyber-criminals” are responsible for diverting two million PPV buys away from the event. From: TF, for the latest news on copyright battles, piracy and more. Powered...
Man Sentenced For Selling Stolen Netflix and Spotify Accounts
A man who ran a website that sold stolen credentials for services including Netflix, Spotify, Amazon Prime, HBO, Xbox Live, and EA Origin has been handed a 26-month sentence in Australia. The 23-year-old ran WickedGen, HyperGen, Autoflix and AccountBot, which according to police enabled customers to circumvent the technological protection measures put in place by official services. From: TF, for the latest news on copyright battles,...
