emergency measures – DIGIT INFO

Switzerland preparing emergency measures for UBS’ takeover of Credit Suisse: Report

DIGIT — Sun, 19 Mar 2023 00:46:23 +0000

The emergency preparation will allow the takeover to proceed without the usual “six-week consultation period” with shareholders, according to people familiar with the situation.

Go to Source

On the Brink of a New Trend: Credit Suisse Receives 50 Billion Swiss Franc Bailout From Swiss National Bank

DIGIT — Thu, 16 Mar 2023 16:00:20 +0000

Credit Suisse has experienced a loss of confidence in the financial institution’s health following a significant drop in its shares’ value this week. Over the past five days, Credit Suisse shares have fallen 24.34% against the U.S. dollar, eroding trust amid fears about the global banking system. On Wednesday at around 9 p.m. (ET), Credit […]

Go to Source

Kosovo Renews Crypto Mining Ban Amid Rising Energy Prices

DIGIT — Fri, 05 Aug 2022 09:30:03 +0000

The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining. The move comes amid a sharp increase in import prices and the restrictions can be extended for up to six months. Authorities in Kosovo Reinstate Ban on Cryptocurrency Mining The executive power in […]

Go to Source

South Korea Outlines New Attempts to Dampen Crypto Markets

DIGIT — Thu, 28 Dec 2017 12:00:10 +0000

The government of South Korea held a meeting on Thursday to discuss measures to deal with the growing trend of cryptocurrency speculation. The regulators clarified the clampdown on virtual accounts as well as other measures to end anonymity. In addition, the Ministry of Justice suggested an even more extreme measure. Also read: Russian Regulators Draft Law […]

The post South Korea Outlines New Attempts to Dampen Crypto Markets appeared first on Bitcoin News.

Go to Source