Latest Market News
The annual supervision report from MONEYVAL concluded that 18 of the 22 jurisdictions have an insufficient level of compliance with AML standards. 571 Total views 37 Total shares Europe’s Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) watchdog, MONEYVAL, has listed monitoring the crypto sector along with “gatekeeper” professionals, such as lawyers and accountants, […]
Revolve Group Inc. RVLV, -23.19% shares plunged 23.7% in Wednesday trading as fears mount about the company’s decelerating growth. Revolve, which targets a millennial and Gen Z shopper, reported first-quarter net income of $22.6 million, or 30 cents per share, up from $22.3 million, or 30 cents per share, last year. Sales of $283.5 million […]
The next few days will see a decision made, which if approved would be the first time pension fund money was used in decentralized finance. 836 Total views 33 Total shares The Northern Virginia county of Fairfax has already invested a part of its pension funds in crypto and blockchain startups. Now, it’s mulling over […]
A selloff in DiDi Global Inc.’s stock DIDI, +1.01%, after the China-based ride-hailing company disclosed a Securities and Exchange Commission probe into its June 2021 initial public offering, sent other U.S.-listed shares of China-based companies lower. DiDi’s stock dropped 4.0% in premarket trading. The company’s shareholders are set to vote on May 23 on the […]
On 3 May 2022, Greenlight Credit Limited, trading as Varooma, went into administration. Martin Charles Armstrong and Andrew Richard Bailey of Turpin Barker Armstrong were appointed as Joint Administrators. Greenlight Credit Limited, trading as Varooma, is a high-cost lender which provides customers with logbook loans secured on the customer’s vehicle. With Logbook lending, the lender […]
EURUSD, “Euro vs US Dollar” As we can see in the daily chart, having completed the correction at 1.1800, rebounded from it to the downside, and then finished another descending wave towards 1.0835, EURUSD has broken the downside border of the consolidation range around the latter level to reach the short-term target at 1.0494. Possibly, […]