Fidelity Investments, one of the largest fund management companies with over $7.2 trillion in client assets, has launched a new company, Fidelity Digital Asset Services, LLC, with a focus on enterprise-level custody and trade execution services for cryptocurrencies.
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.