Lesotho Opposition Pushes for ID-Based Travel with South Africa
Lesotho's opposition Basotho Action Party (BAP) has launched a campaign advocating for citizens of both Lesotho and South Africa to travel freely using national identity cards instead of passports. The party seeks broader integration, including rights to work, study, and access healthcare.
Blockchain.com Secures MiCA License from Malta, Paving Way for European Expansion
Blockchain.com has obtained a Markets in Crypto-Assets (MiCA) license from the Maltese Financial Services Authority (MFSA), enabling it to offer regulated crypto custody and wallet services across all 30 European Economic Area (EEA) states. This move consolidates its European operations under a unified regulatory framework and facilitates expansion into institutional services.
Netflix Attributes Q3 Earnings Miss to $619 Million Brazil Tax Dispute
Netflix reported a rare earnings disappointment for Q3 2025, citing a significant $619 million expense from an ongoing tax dispute in Brazil. This charge, related to a 10% gross tax on outbound payments, impacted operating margins and led to an EPS miss, causing Netflix shares to fall by 5-8%.
Belgium Demands Legal Clarity and Shared Risk for Ukraine Loan from Frozen Russian Assets, EU Decision Postponed
Belgium has expressed significant reservations regarding the European Union's plan to fund Ukraine with a 'reparation loan' backed by frozen Russian assets. Prime Minister Bart De Wever insisted on a clear legal basis and mutual risk-sharing among EU partners, leading to the postponement of a final decision until December.
President Trump Pardons Binance Founder Changpeng Zhao in Controversial Move
Former President Donald Trump has issued a full pardon to Changpeng Zhao, the founder and former CEO of cryptocurrency exchange Binance, who had pleaded guilty to money laundering charges. The pardon, announced on October 23, 2025, follows Zhao's four-month prison sentence and has sparked debate regarding its implications for the crypto industry and U.S. financial regulations.
President Trump Pardons Binance Founder Changpeng Zhao
President Donald Trump has issued a full and unconditional pardon for Changpeng Zhao, the founder of cryptocurrency exchange Binance. Zhao had previously pleaded guilty to failing to maintain an effective anti-money laundering program and served a four-month prison sentence. The White House justified the pardon by citing a 'war on cryptocurrency' by the previous administration.
President Milei Concludes Legislative Campaign in Córdoba Amidst Protests Ahead of Crucial Midterm Elections
President Javier Milei wrapped up his legislative election campaign in Córdoba, Argentina, on October 21, 2025, facing protests over economic policies and social cuts. The event precedes the critical midterm elections on October 26, where half of the Chamber of Deputies and a third of the Senate seats are at stake, significantly impacting Milei's reform agenda.
Argentina's Economic Growth Slows to 2.4% Ahead of Crucial Legislative Vote
Argentina's economy registered an annual growth of 2.4% in August, marking its slowest expansion in nine months. This deceleration comes just weeks before the nation's legislative elections on October 26, where President Javier Milei's party seeks to bolster its congressional presence to advance economic reforms.
French Bond Yields Fluctuate Amid Political Turmoil, Impacting European Markets
French government bond yields experienced significant movements in October 2025, driven by domestic political instability and credit rating concerns. This volatility influenced broader European markets, including the FTSE 100, as investors reacted to developments surrounding France's fiscal outlook and government stability.
Eleven Arrested in Expanding Can Holding Financial Crime Probe in Turkey
Eleven individuals, including former İstanbul Bilgi University Rector Remzi Sanver and Can Broadcast Holding Chairman Kenan Tekdağ, have been formally arrested in Turkey. The arrests are part of an expanding investigation into Can Holding, a major conglomerate, on charges related to organized crime, money laundering, and tax evasion, involving 88 billion Turkish lira in alleged suspicious financial activity.
UNC Teachers Strike Amidst Ongoing University Funding Dispute in Argentina
Teachers from ADIUC at the National University of Córdoba (UNC) initiated a 24-hour strike on October 21, 2025, as part of a 48-hour national protest. The action demands the full application of a university financing law, which was vetoed by President Javier Milei but later ratified by Congress, and addresses severe salary depreciation and budget cuts affecting public universities across Argentina.
OctaFX Controlling Shareholder Pavel Prozorov Arrested in Spain Amid International Forex Scam Probe
Pavel Prozorov, the controlling shareholder of OctaFX, has been arrested in Spain by local authorities. The arrest is linked to an ongoing investigation into an unauthorized forex trading platform accused of defrauding investors of billions and laundering funds across multiple countries.
Kunstschule Liechtenstein Initiates 'Tattoo Basics' Course Led by Acclaimed Artist Dietmar Gassner
The Kunstschule Liechtenstein has launched a new 'Tattoo Basics' course, commencing on October 20, 2025. Under the guidance of internationally recognized tattoo artist Dietmar Gassner, the program offers beginners an in-depth introduction to professional tattooing techniques, utilizing silicone skin for practical training in Liechtenstein.
Princely Court in Liechtenstein Imposes Fines and Diversion in Wallet Theft, Embezzlement Case
The Princely Court in Liechtenstein concluded a case on October 21, 2025, involving two defendants charged with embezzlement, suppression of documents, and theft of a found wallet. The court's decision resulted in the imposition of fines and diversion measures.
Spain's Finance Minister Montero to Present New Catalonia Fiscal Model 'As Soon As Possible'
Spain's Finance Minister María Jesús Montero is set to present a new financing model for Catalonia 'as soon as possible,' fulfilling commitments with Catalan political parties. The proposal aims for Catalonia to collect its own taxes, starting with personal income tax in 2026, marking a significant shift in regional fiscal autonomy.
Swiss Regulator Files Criminal Complaint Against FIFA's NFT Platform Over Alleged Unlicensed Gambling
Switzerland's Gambling Supervisory Authority (GESPA) has filed a criminal complaint against FIFA's NFT platform, FIFA Collect, alleging it operates unlicensed gambling activities under Swiss law. The complaint, filed on October 17, 2025, asserts that the platform's 'Right to Buy' tokens and other NFT-based competitions involve monetary stakes and chance-based outcomes, classifying them as illegal lotteries and sports betting without a proper license.
Argentina Imposes New Dollar Purchase Restrictions to Bolster Reserves
President Javier Milei's government has implemented new restrictions on dollar purchases in Argentina, effective September 26, 2025. The measures, outlined in Central Bank Communication A 8336, aim to curb currency arbitrage and strengthen the nation's foreign currency reserves amidst economic pressures.
Argentina's Central Bank Faces Scrutiny Over Undisclosed Gold Reserve Movements
Argentina's Central Bank faces intense scrutiny from the National Audit Office over the undisclosed whereabouts of the nation's gold reserves, reportedly shipped to London in June 2024. Despite the Central Bank's confirmation of 'recalibration operations' for financial flexibility and potential returns, specific details on the gold's location, yields, and transportation costs remain withheld, prompting transparency concerns and potential legal and congressional actions.
Nirav Modi Hints at 'Sensational Developments' in UK Extradition Case
Fugitive diamantaire Nirav Modi, wanted in India for a multi-billion dollar fraud and money laundering case, has told a UK court that 'sensational developments' are expected in his extradition proceedings. Currently imprisoned in the UK, Modi's appeal to reopen his extradition case is set for a hearing in late November, following India's response to his application.
Dhanteras 2025 Sees Mixed Trends: Gold Sales Volume Dips Amid Record Prices, While Auto and Electronics Sectors Surge
Dhanteras 2025 in India witnessed a notable shift in consumer spending. While the volume of gold purchases declined by 10-15% due to record high prices, the overall value of gold sales increased. Simultaneously, the automotive and consumer electronics sectors experienced a significant boom, driven by festive demand and recent GST reforms.