News published on Fiat Reporter in May 2025

On May 11, 2025, Viktor Gerashchenko passed away at the age of 87.

The German Federal Financial Supervisory Authority (BaFin) has issued a warning to consumers about the website versu.pro, which is offering financial, investment, and cryptocurrency services without the necessary authorization.

President Trump has signed into law a resolution led by Chairman Tim Scott to overturn a rule from the Biden administration's Consumer Financial Protection Bureau (CFPB).

The Senate is preparing to advance the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which aims to create a regulatory framework for payment stablecoins.

After a procedural vote on the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act was blocked by Senate Democrats, Senate Banking Committee Chairman Tim Scott expressed his discontent on the Senate floor.

Senior Deputy Governor Carolyn Rogers and the Governor of the Bank of Canada recently discussed the findings of the Financial Stability Report (FSR).

The Financial Conduct Authority (FCA) has issued a warning regarding OMIN FX, which is allegedly offering financial and crypto-related services without proper authorization.

Recent indicators show that economic activity continues to expand at a solid pace, despite fluctuations in net exports.

Today, Senate Democrats prevented the confirmation of two of President Trump's nominees for key financial and transportation roles.

Ahead of a significant Senate vote on the GENIUS Act, various stakeholders have expressed their support for this legislation.

Today, the Senate Banking Committee, led by Chairman Tim Scott (R-S.C.), advanced several nominees put forward by President Trump for key positions within the administration and financial regulatory bodies.

The German Federal Financial Supervisory Authority (BaFin) has issued a warning against XSC Finance for offering investment and crypto-related services through the xsc.finance website without proper authorization.

On May 6, 2025, the Bank of Russia will release a commemorative coin to mark the 300th anniversary of the Order of Saint Alexander Nevsky.

In the first quarter of 2025, the Bank of Russia received nearly 95,000 complaints from financial consumers and investors, marking a 23.6% increase compared to the same period last year.

The Bank of Russia has released the results of its April 2025 monitoring of maximum interest rates on deposits in Russian rubles.

On April 25, 2025, the Bank of Russia Board of Directors decided to include several securities in the Lombard List.

The Financial Conduct Authority (FCA) has issued a warning regarding Globalinvestmentmarket, a firm offering financial and crypto-related services without proper authorization.

The Financial Conduct Authority (FCA) has issued a warning regarding Crypto Capital Growth, a firm allegedly offering financial and crypto-related services without proper authorization.

The Comisión Nacional del Mercado de Valores (CNMV) has announced that it issued warnings about unregistered financial and cryptocurrency entities operating without proper authorization.

The German Federal Financial Supervisory Authority (BaFin) has issued a warning against the trading platform Axion Alliance.