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EU Watchdog EBA Details Big Crypto Fines As Landmark Laws Bite
EU Watchdog EBA Details Big Crypto Fines As Landmark Laws Bite
Authored by Robert Lakin via CoinTelegraph.com,
The European Banking Authority on Friday unveiled a sweeping framework to penalize cryptocurrency issuers that violate the European Union’s digital-asset laws, signaling a tougher enforcement stance as the trade bloc finalizes its historic regulatory architecture.
The consultation paper published June 26 establishes a standardized playbook for hitting non-compliant issuers of what the EBA considers “significant” tokens with potentially multimillion-euro penalties. Under the proposal, the Paris-based watchdog will deploy a strict two-step process to determine fines, assessing the...
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Apr 25, 2026 / Tyler Durden
Malaria Is Still Endemic In 80 Countries
Malaria Is Still Endemic In 80 Countries
Significant progress has been made in the fight against malaria over the last two decades, according to a new report by the World Health Organization (WHO). In 2024, 80 countries (including the territory of French Guiana) remained endemic for the disease, down from 108 in 2000. The number of deaths have also declined since the turn of the century, with the WHO estimating that 610,000 people died from the disease in 2024, compared with 864,000 in 2000.
Recent years have brought further milestones.
Cabo Verde and Egypt were certified as...
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Sep 9, 2026 / Tyler Durden
Brent Tops $100 As Gulf Conflict Escalates; UBS Warns US-Iran "Off-Ramp Remains Elusive"
Brent Tops $100 As Gulf Conflict Escalates; UBS Warns US-Iran "Off-Ramp Remains Elusive"
Brent crude futures topped $100 a barrel for the first time since July as US strikes on Iranian oil tankers and renewed attacks on Saudi energy infrastructure and a US base in Jordan suggested to UBS energy specialist Dominic Ellis that a "US-Iran off-ramp remains elusive."
Ellis adds more color on the overnight Gulf developments and response in the crude oil market:
Brent topped $100/bbl as the US and Iran continue to trade strikes around the Strait of Hormuz.
The...
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Apr 13, 2026 / Tyler Durden
Key Aluminum Spread In London Hits Biggest Backwardation Since 2007
Key Aluminum Spread In London Hits Biggest Backwardation Since 2007
Aluminum futures in London surged to a four-year high on Monday as President Trump's Strait of Hormuz blockade, set to take effect this morning, threatened to deepen supply chain disruptions across the Gulf region. On top of that, the Gulf's largest aluminum producer declared force majeure on parts of its contract book over the weekend.
Aluminum climbed 1.4% to $3,547 per ton on the London Metal Exchange as traders priced in increased shipment disruption risk ahead of President Trump's Hormuz blockade,...
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