SEC plans to 10x the definition of “accredited investor”

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,…

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….