Search Results for: EBA
Italy promotes cashless payments with 10% rebates
December 30th, 2020
Consumers in Italy can now receive an automatic 10% refund into their bank account for cashless in-store payments made using a credit, debit or prepaid card or payment app between now and the end of the year — as ...
Lebanon to launch digital currency in 2021, central bank governor says
November 16th, 2020
The plan as part of a broader effort to fight a parallel economic and financial crisis that has engulfed the country, according to CoinTelegraph. The country’s central bank has been pondering over the idea of a state-run digital currency ...
Lebanon puts temporary ban on taking large sums of dollar cash out of country: NNA
October 29th, 2019
A Lebanese state prosecutor on Sunday banned traders and money exchangers from taking significant amounts of physical dollar currency out of the country at air and land borders, state news agency NNA said. The order, which it said was ...
EU Presidential debate hears call for minimum 18% corporation tax rate across the EU
May 20th, 2019
A debate among the lead candidates for the presidency of the European Commission has heard a call for a minimum 18% corporation tax rate across the EU. The call from the European Regulation Commissioner Frans Timmermans for the 18% ...
Lebanon prepares to launch digital currency
December 7th, 2018
Lebanon’s Banque du Liban governor, Riad Salameh, said that preparations were underway to issue a digital currency in the Lebanese pound, to be used locally only. In comments made at the opening of the Anti-Cybercrime Forum in Beirut, Salameh ...
Ten experts debate bitcoin’s recent declines and the future of cryptocurrency
August 16th, 2018
Bitcoin’s price was above $8,000 at the end of July. Now, in the middle of August, the cryptocurrency is down to around $6,500. “What you’re seeing now is a bit of panic selling” Brian Kelly said on CNBC’s “Power ...
EBA and ESMA publish Guidelines on suitability assessment for management body members and key function holders
July 6th, 2018
The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) have published their joint Guidelines to assess the suitability of members of management bodies and key function holders. These guidelines are issued pursuant to Article 16 ...
Bitcoin makes a comeback
April 13th, 2018
Tax selling was the culprit behind this year’s massive bitcoin sell-offs, Spencer Bogart, a partner at Blockchain Capital, told CNBC. “People realized way more tax gains in 2017 than they expected to,” Bogart said Thursday on “Fast Money.” “And ...
EBA announces final timeline for the 2018 EU-wide stress test
October 31st, 2017
The Board of Supervisors of the European Banking Authority (EBA) agreed in its meeting held on 24-25 October 2017 on the final timeline of the 2018 EU-wide stress test. The exercise is expected to be launched at the beginning ...
Oil prices stable as OPEC says market is rebalancing
October 10th, 2017
Oil prices were steady on Tuesday as OPEC said there were clear signs the market was rebalancing and as U.S. production remained offline following Hurricane Nate. U.S. West Texas Intermediate (WTI) crude futures were trading at $49.66 per barrel ...