The volume of construction works in Romania grew by 5.9% in unadjusted data and by 6.5% when adjusted for the number of working days and seasonality, in January-June 2025 compared to the same period of 2024, data from Romania’s statistical office INS showed on Wednesday (August 20).
Crypto advocacy groups accuse Wall Street bankers of trying to tilt stablecoin rules in their favor, warning Congress against changes to the GENIUS Act. Two of the crypto industry’s leading advocacy bodies are pushing back against Wall Street bankers’ latest attempt to roll back the United States’ newly minted stablecoin law. In a joint letter to the Senate Banking Committee on Tuesday, the Crypto Council for Innovation (CCI) and the Blockchain Association urged lawmakers to reject recommendations from the American Bankers Association (ABA) and state banking groups. As reported, several US banking groups, led by the Bank Policy Institute (BPI), have urged Congress to tighten the GENIUS Act by closing what they call a loophole that could allow stablecoin issuers and their affiliates to pay yields indirectly. Read more
The National Cyber Emergency Services Response Team (PKCERT) on Wednesday issued data protection guidelines for organisations handling citizens’ personal information, citing an increasingly insecure cyberspace environment. PKCERT is a federal entity responsible for protecting Pakistan’s digital assets, sensitive information and critical infrastructure from cyberattacks, cyberterrorism, and cyber espionage. The advisory, applicable to companies holding Personally Identifiable Information (PII), prescribes immediate, medium- and long-term measures, which include classifying data sets based on their sensitivity, advanced encryption methods, multi-factor authentication, and others. Organisations collecting, processing, storing, or transmitting PII may include “financial services, telecommunications and internet providers, commerce and logistics [companies], government agencies, healthcare institutions, educational entities, as well as third-party and outsourced service providers,” the notification said. In its re...