Draft US stablecoin bill would ban new algo stablecoins for 2 years
Draft legislation in the United States House of Representatives would place a two-year ban on new algorithmic stablecoins such as TerraClassicUSD (USTC)...
(Bloomberg) — The Department of Energy will offer additional U.S. reserve crude for sale ahead of plans by the European Union to ban most Russian oil in December.
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(Bloomberg) — New British Prime Minister Liz Truss removed a ban on drilling for shale gas, an effort to boost domestic energy supply that will have to overcome the same obstacles that stymied...
Russia has significantly ramped up gold exports to China as Western governments closed their markets to the precious metal over the war in Ukraine, media outlet RBC reported Friday citing Chinese customs data.
China imported...
Key Takeaways
Beginning August 1, Israel will ban cash for personal transactions over $4,400 and business transactions over $1,760.
The country will impose fines between 15% and 30% of the relevant transaction value on those...
