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oddsstacksports
August 11, 2024, 12:00
π Thailand SEC Launches Digital Asset Sandbox for Testing: A Safe Space for Innovation!
π The Thai Securities and Exchange Commission (SEC) is breaking new ground with its Digital Asset Regulatory Sandbox. It's like a playground, but for digital asset services!
π Calling all innovators! The Sandbox is now open for applications from digital asset exchanges, brokers, dealers, fund managers, advisers, and custodial wallet providers. Show the SEC what you've got!
π The SEC will be keeping a close eye on applicants, making sure they have their ducks in a row β think financial stability, operational systems, and compliance. Safety first!
β³ But remember, this isn't a never-ending party. Participants have a year to test their services within the Sandbox. After that, they can ask for an extension to keep the innovation flowing.
β In less sunny news, the Ministry of Finance recently pulled the plug on Zipmex's digital asset business license. The SEC had raised concerns about their financial health and management structure.
πΌ This wasn't an overnight decision β issues with Zipmex's operations were flagged back in January. Despite warnings and even a suspension, the company couldn't get back on track.
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August 11, 2024, 17:16
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August 11, 2024, 12:38
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August 9, 2024, 18:01
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August 9, 2024, 15:01
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August 8, 2024, 12:00
β
Crypto Coalition Asks Biden, Harris for Solid US Regulatory Guidelines
β‘οΈ A crypto coalition is rallying behind the need for a clearer regulatory framework in the United States, urging President Joe Biden and Vice President Kamala Harris to take action. They argue that such guidelines would not only protect consumers but also bolster the nation's economy and maintain its technological edge.
π΄ The Crypto Market Integrity Coalition (CMIC), in an Aug. 7 letter, emphasized the importance of consumer protection against malpractices in the crypto space. They believe that well-defined rules would not only safeguard investors but also strengthen the position of the US dollar.
β€΅οΈ With the upcoming presidential election on the horizon, this plea comes at a crucial time. While Democratic nominee Harris has yet to publicly address cryptocurrency, her opponent Donald Trump has been actively supportive of digital assets.
π‘ Referencing President Biden's 2022 Executive Order on digital assets, the coalition sees it as a step towards their vision. This order aimed to ensure consumer protection and financial stability while sparking discussions about a potential US central bank digital currency (CBDC).
π The coalition highlighted that other major economies are ahead in terms of regulatory clarity, with countries like the EU, UK, Japan, Singapore, UAE, and Hong Kong already establishing frameworks. In contrast, they noted that the US is lagging behind in this regard.
π Citing data that shows increasing adoption of digital currencies by both consumers and businesses, they stressed that a lack of clear rules hampers innovation and exposes users to fraud. They also raised concerns about market manipulation within unregulated offshore crypto markets.
oddsstacksports
August 16, 2024, 6:06
ββ#EconomicCalendar
The key economic events calendar for Friday 16 August (GMT+3)
π12:00 πͺπΊ Trade balance
π15:15 π¨π¦ Housing starts
π15:30 πΊπΈ Housing starts
π15:30 π¨π¦ Foreign securities purchases
π17:00 πΊπΈ Michigan inflation, consumer expectations
π17:30 πΊπΈ Atlanta Fed GDPNow
π22:30 π¬π§ CFTC GBP speculative net positions
π22:30 πΊπΈ CFTC speculative net positions: crude oil, gold, Nasdaq 100, S&P 500
π22:30 π¦πΊ CFTC AUD speculative net positions
π22:30 π―π΅ CFTC JPY speculative net positions
π22:30 πͺπΊ CFTC EUR speculative net positions
π How to use the Economic Calendar in trading
π Subscribe @RoboForex_Official
For partners @Roboforex_Partners
oddsstacksports
August 15, 2024, 5:00
ββ#EconomicCalendar
The key economic events calendar for Thursday 15 August (GMT+3)
π09:00 π¬π§ Business investment
π09:00 π¬π§ GDP π₯
π09:00 π¬π§ Industrial, manufacturing production
π09:00 π¬π§ Trade balance
π11:30 π¬π§ Labour productivity
π14:30 πͺπΊ ECB publishes account of monetary policy meeting
π15:00 π¬π§ NIESR monthly GDP tracker
π15:30 πΊπΈ Continuing jobless claims
π15:30 πΊπΈ Core retail sales π₯
π15:30 πΊπΈ Export, import price index
π15:30 πΊπΈ Initial jobless claims π₯
π15:30 πΊπΈ NY Empire State manufacturing index
π15:30 πΊπΈ Philadelphia Fed manufacturing index π₯
π15:30 πΊπΈ Philly Fed employment
π15:30 πΊπΈ Retail control, retail sales π₯
π15:30 π¨π¦ Wholesale sales
π16:15 πΊπΈ Industrial production
π17:00 πΊπΈ Business inventories, retail inventories ex auto
π19:00 πΊπΈ Atlanta Fed GDPNow
π23:30 πΊπΈ Fed's balance sheet
π How to use the Economic Calendar in trading
π Subscribe @RoboForex_Official
For partners @Roboforex_Partners
oddsstacksports
August 14, 2024, 11:30
#MarketAlert
β‘οΈ15:30 (GMT+3) πΊπΈ Core Consumer Price Index MoM (July)
Forecast 0.2% / Previous 0.1%
β‘οΈ15:30 (GMT+3) πΊπΈ Consumer Price Index MoM (July)
Forecast 0.2% / Previous -0.1%
β‘οΈ15:30 (GMT+3) πΊπΈ Consumer Price Index YoY (July)
Forecast 3.0% / Previous 3.0%
π Subscribe @RoboForex_Official
For partners @Roboforex_Partners