Philippines Financial Regulator Cracks Down on Binance for Unauthorized Crypto Operations

Even though Binance acts as an approved broker in some places overseas, it still has to meet many legal requirements to handle securities activities in the Philippines under the country’s Securities Regulation Code. The Philippine Securities and Exchange Commission (SEC) has greatly increased its regulatory fight against the global crypto trading giant Binance. The SEC…

Read More

German Labour Market Shows Very First Cracks

skynesher/E+ via Getty Images By Carsten Brzeski German unemployment increased by 62,000 in July, raising the number of unemployed to 2.617 million. The seasonally adjusted unemployment rate, however, dropped to 5.6%, from 5.7% in June. For those who want to find some sign of weakening in the labour market, today’s report brought some reassurance: the…

Read More