OCC: Banks and thrifts may provide custody services for crypto assets

Washington, July 26 (HNA) — The Office of the Comptroller of the Currency (OCC) published a letter clarifying national banks’ and federal savings associations’ authority to provide cryptocurrency custody services…

Bosch and Art. Lebedev envision the future of transportation

Moscow, July 25 (HNA) – Moscow-based Art. Lebedev Studio is helping turn one of those dreams into a reality—specifically, Bosch’s vision for an entirely new urban transportation system. The idea?…

IMF Executive Board reviews the Fund’s income position

Washington, July 25 (HNA) The Executive Board of the International Monetary Fund (IMF) completed its annual review of the Fund’s income position for the financial year ending April 30, 2020…

WTO report : Members moving to facilitate imports

London, July 24 (HNA) – While import-restrictive measures introduced by WTO members continued to affect a growing share of global trade, the Director-General’s latest mid-year report on trade-related developments presented…

OECD-Covid-19 is causing activity to collapse and unemployment to soar

London, July 24 (HNA) – As the effects of the pandemic and containment measures hit OECD economies, millions of people have been unable to go to work, resulting in an…

WTO/Azevêdo: We’ve achieved a lot, but much remains to be done

London, July 24 (HNA) – In his farewell remarks to the General Council, Director-General Roberto Azevêdo reflected on the achievements secured during his seven years at the helm of the…

IMF Board increases access limits to financial support

London, July 22 (HNA) – The Executive Board of the International Monetary Fund (IMF) approved a temporary increase in the annual limits on overall access to resources in the General…

Bitcoin price down from two-week highs as China tensions spook markets

London, July 22 (HNA) – Bitcoin was fighting to preserve gains after hitting $9,400 on July 22, as fresh macro tensions appeared to put a strain on bulls, Modern Consensus…

EU to support implementation of reforms for a sustainable recovery

London, July 22 (HNA) – As part of its measures to foster the recovery from the Covid-19 crisis, the EU will support member states’ reform efforts to stimulate growth and…

Karliczek: Making Europe emerge from the crisis stronger through research and innovation

London, July 22 (HNA) – During the first informal meeting under Germany’s Council Presidency, EU Research Ministers plan ambitious programme ranging from green hydrogen to pandemic recovery strategies At a…