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Regulators play bitcoin whack-a-mole as demand explodes

Bloomberg Regulators worldwide are finding that it’s incredibly hard to control the explosive growth of money tied to no nation. Russian President Vladimir Putin is the latest to call for regulation of cryptocurrencies, saying there are “serious risks” they can be used for money laundering or tax evasion. Russian finance minister Anton Siluanov has called for regulating digital money as ...

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Banque Saudi Fransi’s top official resigns

Reuters The head of Banque Saudi Fransi’s corporate bank is leaving the bank, sources familiar with the matter said. Mohamad Abdulhadi, senior executive director at the Saudi lender partly owned by Credit Agricole, left this week, sources said. One of the sources familiar with the move said Abdulhadi was in his 60s and had retired. There was no official announcement ...

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AirAsia X may swap Airbus A330neo order to A350s

Bloomberg AirAsia X Bhd., the long-haul arm of the region’s biggest budget carrier, is looking at swapping an order for 66 Airbus SE A330neo wide-body jets to larger A350s in a bid to boost capacity on its busiest routes. A review of the Kuala Lumpur-based discounter’s fleet requirements is underway and could result in a plan to trade up to ...

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