Mastercard and U.S. financial institution defendants have recently agreed to pay a sum of $6.2 billion to settle a multidistrict litigation of credit-card interchange or swipe fees filed by a class of U.S. retailers in 2005.
The U.S. Internal Revenue Service and central tax authorities from the United Kingdom, Canada, Australia and the Netherlands have come together to minimize how much cryptocurrencies are being used commit crimes and evade taxes.
President Mauricio Macri and other officials have been indicted on criminal charges for their role in accepting a US $50 billion standby loan from the International Monetary Fund, without authorization from Congress.
The International Digital Monetary Council (IDMC), a non-profit think-tank, is making good progress on developing the policy and regulatory framework for regional centrally managed digital currencies such as the AMERO.
The New Development Bank (NDB) of the BRICS group will open this year the Regional Office of the Americas in Brazil to progressively support the growing variety of operations of the bank in the country.
When Venezuela launched its Petro cryptocurrency formally in March, it did not take long for the U.S. to block U.S. companies and individuals from having anything to do with it. A Russian bank may have just come to its rescue.
La Dirección de Contrainteligencia Militar arrestó por sorpresa a 11 ejecutivos del Banesco, principal banco privado de Venezuela, acusado de favorecer “por acción u omisión” una red de transacciones cambiarias ilegales. El banco será intervenido por el Estado por un periodo de 90 días.
In a surprise, the Military Counterintelligence Directorate arrested executives of Banesco, Venezuela's main private bank, on allegation of favoring "by action or omission" a network of illegal exchange transactions. The bank will be taken over by the bank for a period of 90 days.
With U.S. President Trump’s decision on recertification of the Iran nuclear non-proliferation agreement only weeks away, Iran’s central bank has banned cryptocurrencies from all transactions. The country fears charges of crypto money-laundering could give Trump yet another excuse to reinstate sanctions.