On December 26, 2019, the Qatar Financial Centre Regulatory Authority (QFCRA) announced via a press release posted to Twitter that virtual asset services were no longer allowed in the Doha-based Qatar Financial Centre Authority (QFC). The QFCRA’s decision essentially cut off more than 500 financial firms and other businesses within that location from crypto trading. …
Since March 2019, pro-democracy activists in Hong Kong have been staging massive rallies that often turn violent and destructive. Clashes between protesters and riot control police units have claimed more than 2,500 injuries and millions of dollars in damages. The lucrative tourism and retail industries of Hong Kong have also been deeply impacted; according to …
For many British consumers, using the ATM at their local convenience stores, which are colloquially known as corner shops, is the best way to access bank funds for free. The traditional arrangement consists of banks paying interchange fees to ATM operators; thus allowing account holders to enjoy free cash withdrawals they usually spend at the …
Planned Fee Schedule Limits Access to Free ATM Cash Withdrawals in the UK Read More »
The global economy is deeply affected by the rise of credit card use in emerging markets. As citizens of developing nations gain access to mainstream credit cards, they are empowered to participate more in their national economies and in the global marketplace. Since the world economy is increasingly connected, the growth of credit can produce …