Bloomberg TV’s Stephen Engle speaks with outgoing Hong Kong leader Carrie Lam in one of the last interviews of her tumultuous term as Chief Executive. Her five years in office were marred by mass street protests, the imposition of a national security law that tightened Beijing’s grip, and a pandemic response that undermined the city’s international status. Lam tells Engle she has nothing to apologize for to the Hong Kong people.
Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business.
Prognosis explores health, wellness, and the ways in which modern science is allowing us to live better – in both the long term, and day-to-day
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A customer scans a mobile phone QR code on an ATM inside a cryptocurrency exchange in Barcelona, Spain.
Allyson Versprille
The US and its foreign allies must work together to create shared standards for regulating cryptocurrencies to make it harder for bad actors to get away with crimes, Treasury said Thursday.
“Uneven regulation, supervision, and compliance across jurisdictions creates opportunities for arbitrage and raises risks to financial stability and the protection of consumers, investors, businesses, and markets,” Treasury said in a news release. Inadequate anti-money laundering and terrorism financing rules across different countries make it harder for the US to investigate illicit transactions when money flows offshore, such as with ransomware payments, the department said.
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