In an effort to “enhance investor protection and disclosure” the U.S. Securities and Exchange Commission, SEC, is planning to raise the limit for who is eligible to become a so-called “accredited investor”, or who is allowed to invest in “unregistered” share offerings, startups in the common tung. According to Bloomberg Law, This is not the…
Analysts: Inflation will go down, act accordingly
If nothing extraordinary happens, the Federal Reserve will raise interest rates and implement “quantitative tightening”, that is to withdraw liquidity from the market, in its fight against the high inflation rate. The question is if Fed’s measures will be enough to push back inflation to normal levels? According to a blogpost from analysts Bitmex Research,…
Lawyer Association In South Korea Lobbies Government With Aim Of Creating Framework For Cryptocurrencies
In a bid to create a framework for cryptocurrencies south Korea, the lawyer’s association have started making efforts to lobby the government to achieve this purpose. South Korea’s association of lawyers is the prerequisite for anyone who wishes to practice law in the country. In other words, you must be part of this association to…
Venezuelan Government Negotiating Six Exchanges for Petro Listing
Venezuelan government has announced that it is currently in negotiations with six crypto exchanges for the listing of its oil backed Petro cryptocurrency. The Latin American country is determined to go ahead with the digital currency, despite fierce opposition by the U.S., which sees it as a way to circumvent sanctions levied on the country….