Central Banks

Inflation Will Not Magically Disappear in 2022

Tradier | |

The US central bank abandoned the term “transitory” when characterizing rising inflation at its December meeting. However, action speaks louder than words, and the central bank’s forecasts and plans will likely keep that inflationary fuse burning into 2022.

Binance To Demand Stricter Customer Background Checks To Combat Money Laundering

Reuters | |

Cryptocurrency exchange Binance said on Friday it would demand stricter background checks on customers to bolster efforts against money laundering, with immediate effect, a move that comes after weeks of pressure by regulators globally.

Binance, the world's biggest crypto platform, has faced warnings and business curbs from financial watchdogs from Britain and Germany to Japan, who are concerned over the use of crypto in money laundering and risks to consumers.

Sponsored Financial Content

Market Movers