News
Terra co-founder Do Kwon reveals that the firm will be buying Bitcoin “in perpetuity” to back new mints of its TerraUSD stablecoin. 5495 Total views 78 Total shares Bitcoin (BTC) is the collateral asset of choice for the world‘s biggest decentralized stablecoin, and one of its top executives says there was no other. Speaking to […]
Gold futures finished lower on Tuesday, pressured by a rise in U.S. Treasury yields. The yellow metal saw a modest decline “while lacking any real longer-term direction,” said Craig Erlam, senior market analyst at OANDA. This is “perhaps a sign of the limbo investors find themselves in: recession risks but a hot economy, peace talks […]
The FCA has appointed 2 new Directors of Authorisations as it successfully fills 95 new authorisation roles. A new Finance Director will also join the regulator this spring. Laura Dawes will take up 1 of 2 new Director of Authorisations roles. Laura is currently interim Director of Strategy, Policy, International and Intelligence in the FCA’s […]
FTX US expects to finalize investment in the Investors Exchange in May 2022, subject to customary closing conditions and regulatory approval. 1004 Total views 41 Total shares Sam Bankman-Fried’s cryptocurrency exchange FTX continues aggressively investing in traditional finance, with the United States-based affiliate FTX US investing in Investors Exchange (IEX), a U.S. national stock exchange. […]
The Dow Jones Transportation Average DJT, -2.41% dove 2.2% in morning trading Tuesday, putting it on track for a fifth-straight decline, as the transportation sector tracker (DJT) continues to underperform its sister index, the Dow Jones Industrial Average DJIA, -0.26%, and the broader stock market by a wide margin. The index has now tumbled 9.3% […]
The FSMA has noted the decision by Switch Holding NV to cancel its registration in the register of insurance intermediaries and ancillary insurance intermediaries, effective 25 March 2022. This press release is not available in English. Please consult the French or Dutch site. Source: FSMA