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Rapid interest rate hikes increasing risk of financial stability: DNB

The series of interest rate hikes by central banks made financing costs much higher for the financial institutions in the Netherlands, and that is increasing the risks for financial instability. De Nederlandsche Bank (DNB) said that in its latest Financial Stability Overview, published on Monday.

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Russia s National Finance Association Calls for Legalization of Crypto Investments – Finance Bitcoin News

The main finance industry association of Russia has urged authorities to reconsider their position against crypto investments.

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Bank of Russia to Collect Data on Crypto-Related Transactions Between Individuals – Finance Bitcoin News

Bank of Russia plans to obtain information from commercial banks pertaining to money transfers between clients trading cryptocurrency.

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Annual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds – Bitcoin News

Russians have been making crypto transactions worth billions of dollars a year, data gathered by the Central Bank of Russia shows.

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Business News - December 2020 - Jersey, Guernsey, Offshore Isles

Business News - December 2020 - Jersey, Guernsey, Offshore Isles
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