Finance news-Page 43
Politicians Dominate Bloomberg's Who's Who of Finance, With Blythe Masters #46
Blythe Masters has been ranked #46 in Bloomberg's List of Most Influential People in Finance. She is the only representative of the FinTech industry in this list. List dominated by politicians The list of 50 most influential people in the world of finance is dominated by politicians. 5 out of the top 6 spots are occupied by politicians of major nations – Theresa May (#1, PM of UK), Donald Trump (#2, US Presidential candidate), Hillary Clinton (#2, US Presidential Candidate), Xi Jinping (#4, Chinese President) and Angela Merkel (#6, Chancellor of Germany) Apart from politicians, central bank governors figure prominently …
Bloomberg / Sept. 27, 2016
France to Tighten Regulations for Financial Instruments Including Cryptocurrencies
French Finance Minister Michel Sapin has announced increased control of “the use of cash in France.” Starting from September 2015, French daily Le Parisien reports, all cash transfers will be monitored, leading mostly likely to cryptocurrency regulations being tightened. The restrictions proposed by Sapin planned to take effect this September will include a 1000-euro limit on cash payments and mandatory reporting by banks of accounts which exceed 10,000 euros per month to the Money Laundering Authority TRACFIN. Regulations will also be refocused for “financial instruments that escape the oversight of the financial system,” Forex Magnates reports. Le Parisien did not …
Bitcoin Regulation / May 9, 2015