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The Digital Commodity Exchange Act would give the commodities regulator the authority to determine rules for cryptocurrency developers and exchanges offering spot trading. 1309 Total views 29 Total shares A bipartisan group of lawmakers in D.C. introduced an updated bill on April 28 to regulate cryptocurrency developers, dealers, exchanges, and stablecoin providers, bringing them under […]
Tesla CEO TSLA, -0.45% Elon Musk reportedly discussed job cuts and ways of monetizing Twitter TWTR, +0.97% with bankers during negotiations for his $44 billion takeover of the online news and social networking site. Without offering specifics, Musk said cutting costs and jobs would help generate returns for Twitter, according to a Thursday report on […]
VeChain has made a series of announcements that look to substantially grow usability and adoption of its native VET token. 1568 Total views 16 Total shares Supply chain blockchain project VeChain has announced a new partnership with crypto payment services, Alchemy Pay that will allow people to use its VET token as payment in over […]
Shares of Western Union Co. WU, +3.06% fell more than 4% in the extended session Thursday after the financial services company reported quarterly results within expectations but tweaked its 2022 outlook lower, saying it was impacted by halting its business in Russia and Belarus due to the war in Ukraine. Western Union said it earned […]
Oil Traders Raise Upside Bets on Supply FearsThe latest CFTC COT institutional positioning report shows that oil traders increased their net long position last week for the first time in well over a month. The increase in upside exposure is likely a reflection of resurgent fears over the path the conflict in Ukraine is taking. […]
CIBCKey Headlines $YEN bought for the fix because today is month-end for Japan. Usual comments from Japanese Fin Min but no one paid any attention. Waiting for BoJ, no change expected, ultra-easy monetary policy to continue. BoC Governor Macklem reiterated that Canadian interest rates will go higher, how high they go will depend on how […]