Month: December 2021

A visual representation of cryptocurrencies. Jakub Porzycki | NurPhoto | Getty Images The International Monetary Fund is concerned about cryptocurrencies, particularly because the nascent market is growing at such a significant pace and regulation is not following suit. The total market value of all crypto assets surpassed $2 trillion in September this year — representing
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The consumer finance unit of China’s Ant Group will boost the company’s capital to CNY 30 billion (roughly Rs. 35,377 crores) from CNY 8 billion (roughly Rs. 9,434 crore), and introduce 4 new strategic investors, an exchange filing released on Friday said. The unit, Chongqing Ant Consumer Finance, is under regulatory pressure to fold Ant’s
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Russia has blocked the website of OVD-Info, a prominent human rights monitor tracking political persecution, the group said Saturday, as authorities press ahead with a crackdown on dissent. Russia’s Supreme Court is considering whether to shut top rights group Memorial, which works with the monitor. OVD-Info, which tracks opposition protests and also provides legal support
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