IMF and regulators set out roadmap to contain crypto risks
Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Sept 7 (Reuters)...
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Industry bodies urge EU to ditch euro clearing relocation plan
European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, September 28, 2022. REUTERS/Yves Herman/File Photo Acquire Licensing...
Top EU court dismisses sanctions appeal by Russian tycoon Timchenko
FILE PHOTO-Russian businessman Gennady Timchenko attends the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 17, 2022....
European asset managers reject plans for tigher liquidity rules
LONDON, Sept 5 (Reuters) - Proposals to force open-ended investment funds to hold more liquid assets to cope with a...
Carbon credit market confidence ebbs as big names retreat
LONDON, Sept 1 (Reuters) - Voluntary carbon markets have shrunk for the first time in at least seven years, as...
EU to seek COP28 deal on phasing out fossil fuels, draft document says
A coal-fired power station scheduled to shut down is seen in As Pontes, Spain, February 8, 2022. Picture taken February...
Factbox: Scrutiny of iris-scanning crypto project Worldcoin grows
A general view of the biometric imaging device, the Orb of the identity and financial public utility Worldcoin, to create...
UK financial data market escapes competition probe for now
Signage is seen for the FCA (Financial Conduct Authority), the UK's financial regulatory body, at their head offices in London,...
US offers $12 billion to auto makers, suppliers for advanced vehicles
U.S. Secretary of Energy Jennifer Granholm delivers a speech ahead of a conversation with Daniel Yergin, the vice chairman of S&P Global, during the CERAWeek energy conference in Houston, Texas, U.S., March 8, 2023. REUTERS/Callaghan O'Hare/File Photo Acquire Licensing RightsWASHINGTON, Aug 31 (Reuters) - The Biden administration is offering $12 billion in grants and loans for auto makers and suppliers to retrofit their plants to produce electric and other advanced vehicles, Energy Secretary Jennifer Granholm said on Thursday."While we transition to EVs, we want to ensure that workers can transition...
Biden administration unveils new crypto tax reporting rules
Bitcoins are seen in this illustration picture taken September 27, 2017. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsAug 25 (Reuters) - Cryptocurrency brokers, including exchanges and payment processors, would have to report new information on users' sales and exchanges of digital assets to the Internal Revenue Service (IRS) under a proposed U.S. Treasury Department rule published on Friday.The rule is part of a broader push by Congress and regulatory authorities to crack down on crypto users who may be failing to pay their taxes.A proposed new tax reporting form called Form...