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Botswana's central bank has called for the establishment of crypto regulations to address potential systemic risks as the interconnectedness between the crypto market and traditional finance grows. While the local cryptocurrency market is currently underdeveloped and poses minimal risks, concerns about money laundering and terrorist financing linked to digital payment instruments necessitate proactive regulatory measures. Enhanced market surveillance and collaboration with law enforcement are recommended to combat illegal activities in the sector.
UBS analysts have declared an overweight position on the United Kingdom in their Outlook 2025 report, citing five key reasons. Notably, the UK tends to excel when defensive sectors are performing well, indicating a positive outlook for investors.
Saudi Arabia's Prince Turki Al-Faisal criticized Israel's actions in Gaza, calling them genocidal, and suggested that a deal with Israel requires a commitment to a Palestinian state, which Netanyahu opposes. Meanwhile, the Biden administration continues to advocate for a two-state solution and recently expanded a U.S.-Bahrain security agreement to include the U.K., emphasizing regional cooperation against threats like Iran.
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Botswana central bank advocates for proactive crypto regulations to mitigate risks
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