Pound Falls Amid Risk Aversion

The pound lost ground against its major counterparts on Friday, as European shares fell amid persistent concerns about the upcoming parliamentary elections in France. Political uncertainty in France weighed after the country\'s finance chief warned that a new left-wing coalition coming to power in France would lead to the country\'s exit from the European Union....

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Crypto Firms to Undergo Regulatory Sandbox Evaluation Before Licensing in Indonesia

Starting in January 2025, crypto firms seeking to operate in Indonesia must undergo evaluation in a regulatory sandbox before being licensed. This regulatory change will come into effect as supervision of the crypto industry transitions to the Financial Services Authority (OJK). Firms offering crypto services in Indonesia without undergoing evaluation in the sandbox will be...

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