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Walter Grand

Walter Grand

Polymetal is preparing for delisting from the London Stock Exchange. A shareholders' meeting will be held on 28 July

The company will call a shareholders' meeting at the end of the month to approve the delisting from the LSE. By that time everything will be ready for re-registration of Polymetal in Kazakhstan. Subject to shareholder approval and following the delisting from the LSE, the ordinary shares will receive a

The dollar remains dominant in international transactions and I see no alternative that could displace the dollar in the foreseeable future - US Treasury Secretary Yellen

I do not see the dollar's role threatened by plans by Russia, Brazil, India and China to create a new currency. The record volume of bilateral trade in 2022 shows that there are plenty of opportunities for US and Chinese firms to engage in trade and investment.

Vietnamese authorities launch investigation against Pi Network

A few days ago it was reported online that police were interested in the latest GCV International from Pi Network. This was confirmed by the Vietnamese Department of Cybersecurity and Hi-Tech Crime Prevention, adding that the project's business model was "suspicious" and had indications of a pyramid scheme in the

Developers come up with new standard to protect against hacking

DeFi-project developer Fluid Protocol has announced a new standard, ERC-7265, which offers automatic termination of a smart contract if the outflow of funds exceeds a set threshold. The development was prompted by a recent incident with the Poly Network platform.

Kraken must turn over customer and transaction information to IRS

A federal court has ordered the Kraken exchange to turn over customer account and transaction information to the Internal Revenue Service (IRS). The information will be needed to verify that users have declared their taxes correctly and have not avoided paying them. In February, the IRS had already filed a

Fidelity has applied for a spot bitcoin-ETF

Fidelity, a fund with $4 trillion under management, has applied to launch a spot bitcoin-ETF. It has $4.2 trillion under management.

Bitcoin accounted for 19% of illegal crypto transactions in 2022

TRM Labs has published a report regarding illegal crypto-ecosystem transactions. According to the document, cybercriminals have begun to move away from the Bitcoin blockchain to other networks such as Ethereum, Tron, Binance Smart Chain, etc. Bitcoin accounted for about 19% of the "criminal" volume of cryptocurrency last year.

Binance hides illegal activities through front companies in Ireland and Malta - Protos

EU authorities believe Binance is using a network of front companies in Ireland to "dilute" its financial flows to avoid attracting the attention of regulators and tax authorities, Protos reports. Another organisation, Binance (Services) Holdings, has close links to the company's business in Malta. Authorities believe the exchange is overstating

Binance withdraws its application for a license in Austria

The Binance exchange has withdrawn its application for a license from Austria's financial regulator, FMA. This was done amid pressure from the authorities, Finance FWD writes.

Binance to focus on growth in UAE

Cryptocurrency exchange Binance has chosen the UAE as one of its most important areas for future development. "Binance is here [in the UAE] because we have been given the assurance that we can set up operations and build the future," it said in a statement. Local head Alex Chehade told