MARKETS
Bank Indonesia Raises Rates in Support of Rupiah
The strong US dollar triggered Bank Indonesia (Indonesia’s Central Bank) to raise rates by 25 bps, the first time in six months, to support the Rupiah.
The rate increase took many analysts by surprise.
CRYPTO
Binance Faces Lawsuit from Ontario
Due to tight regulations in Canada, Binance left Canada last year. However, now they’re facing a lawsuit from the province of Ontario from allegedly selling crypto products to consumers without having a license to sell securities.
COMPLIANCE
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