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China to push reforms with new financial watchdog

China will establish a new federal financial regulatory body to replace its current banking and insurance watchdog, following plans for developing a national data bureau unveiled recently. The legislature may vote on reforms soon According to the proposal for financial regulation made to the Chinese parliament at its annual session, the State Council would oversee […]
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Edinburgh reforms give hope to crypto investors 

Lawmakers in Edinburgh, Scotland, are making concerted efforts to unlock the different investment and growth opportunities in the crypto sector. The authorities hope that having a regulatory framework will protect crypto consumer interests and consolidate confidence in the industry.  The Financial Services and Markets (FSM) Bill has captured the current reforms for safeguarding crypto investors. […]
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