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Today in Crypto: U.S. Treasury Probes the Exchange Kraken Over Iran Sanctions; Central African Republic’s New Digital Coin Gets Few Buyers
Today in Crypto: U.S. Treasury Probes the Exchange Kraken Over Iran Sanctions; Central African Republic’s...
July 26, 2022  |  Cryptocurrency

Some U.S. senators are trying to make it simpler for U.S. citizens to track taxes when buying or selling crypto with a new bill. The...

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Startups Use Tech Innovation to Move the Needle on Financial Exclusion in Egypt
Startups Use Tech Innovation to Move the Needle on Financial Exclusion in Egypt
July 26, 2022  |  Financial Inclusion

Financial exclusion is a broad category that can range from an inability to access banking services to cultural, economic, and infrastructural barriers to the adoption...

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CFTC’s Chair: Crypto and DeFi Have Outgrown Sandbox
CFTC’s Chair: Crypto and DeFi Have Outgrown Sandbox
July 26, 2022  |  Cryptocurrency

Commodity Futures Trading Commission Chairman Rostin Benham believes that “digital assets and decentralized financial technologies have outgrown their sandboxes.” This is an interesting comment, given...

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Upward Pricing Strategy, Doubling Down on B2B eCommerce Pay Off for Unilever
Upward Pricing Strategy, Doubling Down on B2B eCommerce Pay Off for Unilever
July 26, 2022  |  Earnings

According to a recent PYMNTS report, European supermarkets’ own-brand labels have increased their market share compared to more expensive branded goods, triggering a drop in...

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LVMH Overcomes China Slowdown With First-Half Sales Surge
LVMH Overcomes China Slowdown With First-Half Sales Surge
July 26, 2022  |  Retail

French luxury retailer LVMH on Tuesday (July 26) reported 21% organic sales growth in the first half of 2022, despite rising concerns about increasing inflation...

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Report: South Africa’s Biggest Banks at Risk for Money Laundering
Report: South Africa’s Biggest Banks at Risk for Money Laundering
July 26, 2022  |  Banking

The South African banking regulator has warned that the country’s banking industry is at risk of becoming ensnared in money laundering and terrorist financing activity....

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European PE Deals Climb 35% YoY in H1 2022, Tech Investors Hold Firm Against Headwinds
European PE Deals Climb 35% YoY in H1 2022, Tech Investors Hold Firm Against Headwinds
July 26, 2022  |  Investments

As European private equity (PE) funds adapt their strategies to the current climate of rising interest rates and a bear market, deals continue to pass...

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Polish Banks Face Fines if They Inhibit Mortgage Payment Holiday Scheme
Polish Banks Face Fines if They Inhibit Mortgage Payment Holiday Scheme
July 26, 2022  |  Regulation

Polish banks could face fines of up to 10% of their annual turnover if they make it difficult for mortgage holders to take advantage of...

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Israel’s Lower Threshold on Cash Transactions Takes Effect Next Week
Israel’s Lower Threshold on Cash Transactions Takes Effect Next Week
July 26, 2022  |  Cash

Since 2019, Israeli businesses and consumers have been subject to a limit on the value of cash transactions. On Aug. 1, that limit is set...

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