Roberto Dagnoni, a top executive at SoftBank-backed exchange Mercado Bitcoin, said the law had been "kind of dormant" during the election period but now needed to be a priority.
He has fired half of the company's 7,500 staff, scrapped a work-from-home policy, and imposed long hours, all while his attempts to overhaul Twitter have faced chaos and delays.
Crypto exchange FTX filed for Chapter 11 bankruptcy protection in the United States on Friday following its precipitous collapse, saying it could owe money to more than 1 million creditors.
Data released last week showed U.S. consumer prices rose less than expected in October, bringing the annual increase below 8% for the first time in eight months.
According to a report by the South African Institution of Civil Engineering, vital infrastructure segments are deteriorating quite rapidly, and many are at risk of collapsing without government intervention.
The boss of the largest cryptocurrency exchange platform, Binance, did everything to reassure investors on Tuesday.
FTX also confirmed that it had responded to a cyber attack on Nov. 11, after saying on Saturday it had seen "unauthorized transactions" on its platform.
The cryptocurrency, which had been lauded by FTX's founder Sam Bankman-Fried, has been hit harder than any other major coin by the collapse of the exchange.
Authentic-looking fake accounts proliferated last week after Twitter rolled out a paid verification service, the latest in a string of chaotic developments since Elon Musk's blockbuster $44 billion buyout of the influential platform.
The Organization of the Petroleum Exporting Countries (OPEC) cut its 2022 global oil demand growth forecast for a fifth time since April, citing mounting economic challenges including high inflation and rising interest rates.
The source attributed the reduction to the uncertain macroeconomic environment faced by Amazon and other companies.
Economists at the Bank of International Settlements, an institution widely considered as the central banks of central banks, analysed data on investors in cryptocurrencies in 95 countries between 2015 and 2022.
Crime syndicates have crippled the public sector in South Africa.
Chief executive Kris Marszalek took questions in a livestreaming YouTube address, and also said the platform always maintained reserves to match every coin customers held on its platform.
Musk is chief executive of both companies and also runs rocket firm SpaceX, brain-chip startup Neuralink and tunneling firm the Boring Company.
The fallout from the collapse of crypto exchange FTX kept bitcoin and other cryptocurrencies under pressure on Monday, with market participants worrying about heavy withdrawals at Singapore-based exchange Crypto.com.
At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter.
Three quarters of cars produced by South Africa's auto industry, which accounts for 5% of gross domestic product and over 100,000 jobs, are exported, mostly to European countries.
FTX filed for bankruptcy on Friday, one of the highest profile crypto blowups, after traders rushed to withdraw $6 billion from the platform in just 72 hours and rival exchange Binance abandoned a proposed rescue deal.
Investment losses at flagship unit Vision Fund were 1.38 trillion yen ($9.75 billion) in the three months to September 30 as the value of its portfolio continued to slide.
The week-long saga that began with a run on FTX, one of the largest crypto exchanges, and a failed takeover deal by arch-rival Binance has thumped an already struggling bitcoin and other tokens.
Earlier on Thursday Senate Banking Committee Chair Sherrod Brown said it is critical that U.S. financial agencies investigate what led to the FTX collapse.
The walkouts came a day after the turbulent launch of new features introduced by Tesla and SpaceX owner Musk following his $44 billion buyout of the influential messaging app.
Central banks had to inject liquidity when money market funds ran into difficulties as economies went into lockdown in March 2020.
Apple expects lower shipments of its high-end iPhone 14 models than previously anticipated following a significant production cut at the virus-blighted plant in China.
Focus is on the unknown size of customer losses and the hit to sentiment from the latest and possibly largest collapse in an industry that has turned into a minefield for investors.
The European Commission announced the initiative to build and operate a satellite internet system in February, part of EU industry chief Thierry Breton's campaign for strategic autonomy.
Cryptocurrencies have historically fallen into regulatory gray areas.
If successful, the takeover would rank as one of the biggest private equity-backed buyouts of an Australian company, and would be the largest deal in the country this year, Refinitiv data shows.
The internal review found monetary policy decisions were consistent with the data available at the time, while worst-case scenarios were avoided.
