By BRUCE KAMICH Oct 20, 2022 | 02:47 PM EDT Stocks quotes in this article: HD Shares of home improvement company Home Depot ( HD) are trading lower Thursday. The stock is just a few dollars away from ...
Tag: Financial
South Africa Recognizes Cryptocurrencies as Financial Products ⋆ ZyCrypto
Advertisement     South Africa’s Financial Sector Conduct Authority (FSCA) has declared crypto assets as “financial products”, setting up the pace for the inclusion of...
Taiwan Billionaire Rudy Ma, Founder Of Yuanta Financial Holdings, Dies At 82
Rudy Ma Jason Nieh Rudy Ma, the founder of financial services company Yuanta Financial Holdings, died Tuesday evening at age 82. Ma, who had been battling Alzheimer’s for some years, was ranked No. 15...
South African Financial Sector Regulator Declares Crypto Assets a Financial Product – crypto.news
The inroads of crypto into the South African financial space haven’t really been an easy ride as it’s been faced with serious resistance and restrictions that have put a strain on the evolving crypto ...
FDIC acting chairman wants stablecoins to be safer before integration into financial system
The federal deposit and insurance commission (FDIC) acting Chairman Martin Gruenberg has acknowledged the role of stablecoins in the digital economy but advocates that it should be properly regulated ...
South Africa deems cryptocurrency a ‘financial product’
South Africa’s financial regulator, The Financial Sector Conduct Authority (FSCA), classified crypto assets as a financial product and effectively subjected it to regulatory oversight upon the publica...
Goldman Sachs Says Gen X Is Trapped in a ‘Financial Vortex’
financial vortex Financial planning is difficult in the best of times – and 2022 is definitely not the best of times. A number of factors – namely rising interest rates, high inflation and...
Financial Giant Fidelity Officially Bringing Ethereum (ETH) To Investors With Large Amounts of Capital
Fidelity Investment is offering a new index fund that gives its clients exposure to Ethereum (ETH), the leading smart contract platform by market cap. The financial giant launched the Fidelity Ethereu...
Liz Truss Resigns As UK Prime Minister. What’s Next For Volatile Financial Markets?
Photo by Leon Neal/Getty Images Getty Images On Thursday, UK prime minister Liz Truss bowed to mounting pressure and resigned as prime minister of the United Kingdom. Truss lasted just 44 days in the ...
South Africa brings crypto under financial assets segment, details here
South Africa has become the latest country to bring cryptocurrency into the financial assets segment. The Financial Sector Conduct Authority (FSCA), South Africa’s financial regulator, on 19 October i...
South Africa Defines Crypto as Financial Product
The country’s financial regulator has issued a general notice defining crypto within a legal framework Crypto, as defined by the regulator, must possesses cryptographic properties and not belong to a ...
The Visa circuit in support of financial inclusion
The Visa circuit today announced a partnership with fintech payments company Thunes to expand their access to digital wallets that connect emerging markets with the rest of the world. Through this par...
South African Financial Sector Regulator Declares Crypto Assets a Financial Product – Regulation Bitcoin News
According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Decla...
Crypto Assets Are Now Classified as Financial Products
South Africa has declared crypto assets as a financial product under the Financial Advisory and Intermediary Services act. South Africa’s Financial Sector Conduct Authority released a notice to declar...
South Africa Classifies Crypto as Financial Assets
The Financial Sector Conduct Authority (FSCA), a financial institutions market conduct regulator in South Africa, announced on Wednesday that the country has declared crypto assets as financial produc...
UK Financial Policy Committee’s Carolyn Wilkins calls for improved governance, trust in crypto industry
External member of the UK Financial Policy Committee Carolyn Wilkins has argued that the current decentralized finance governance structure is more centralized than it claims to be. Carolyn Wilkins in...
South Africa Set to Treat Bitcoin and Other Crypto as Financial Products
– Advertisement – Bitcoin and other crypto assets will be regarded as financial products in South Africa as the country attempts to regulate cryptocurrencies. Regulation of the nascent cry...
Unit21 Launches Fintech Fraud DAO to Combat Financial Crime With Brex, Chime and PrimeTrust as Early Customers
DAO is expected to process data from 20% of all U.S. fintech customers as part of an effort to help the industry transition from fraud detection to fraud prevention SAN FRANCISCO–(BUSINESS WIRE)–Unit2...
South Africa classifies cryptocurrency as financial instrument
Several nations are working on crypto regulatory frameworks. Some have succeeded, others have failed, and South Africa is one of the successful ones. In South Africa, crypto assets will be treated as ...
An Angry Terra Investor Wants to Hunt Down Do Kwon: Financial Times
Key Takeaways A new report from the Financial Times claims Terra investors are attempting to track down Do Kwon’s location. One of them is flying to Dubai, believing he has a 50% chance of finding him...
EU Financial Services Head Calls on the US To Create Global Crypto Laws and Regulation: Report
The Financial Services Commissioner of the European Union (EU) is reportedly urging the US to come up with crypto regulations that could apply globally. According to a new report by the Financial Time...
Microsoft Layoffs: What That Could Indicate for the Stock
By BRUCE KAMICH Oct 18, 2022 | 01:45 PM EDT Stocks quotes in this article: MSFT In past market cycles the announcement of layoffs by a public company has at times marked a price low for the company...
Australia’s Financial Regulator Places Interim Stop Orders On Three Funds Tracking BTC, ETH, and FLC ⋆ ZyCrypto
Advertisement     Australia’s top financial regulator temporarily suspends Holon Investments’ Bitcoin, Ethereum and Filecoin funds. The suspension is due to non-compli...
EU Financial Services Chief Urges U.S For Crypto Regulations
4 hours ago | 2 mins read Bitcoin News Rules imposed on the market would have to be included in the international framework. She also noted that many distinct parties were vying for the same market. I...
Mastercard set to launch a program to support financial institutions to offer crypto services
Join Our Telegram channel to stay up to date on breaking news coverage Mastercard, one of the largest financial institutions globally, is planning to launch a program to assist financial institutions ...
Stock Market Poised For ‘Big Low’ And ‘Big Rally’ As Fund Managers Cash Out Over Financial Stability Concerns
Topline As signs of an economic slowdown grow, fund managers around the world are plowing into safe-haven assets like cash at near-record levels, suggesting to Bank of America analysts that the stock ...
What Kim Kardashian And Kanye West Can Tell Us About Financial Market Regulation
Hand is turning a dice and changes the direction of an arrow symbolizing that the value of the … [+] crypto currency Ethereum (ETH) is going up (or vice versa) getty The week after the Securitie...
Mastercard Launches New Crypto Program for Financial Institutions
Alex Dovbnya Payment behemoth Mastercard has pushed deeper into crypto by extending its partnership with Paxos Payment giant Mastercard has announced a new program for financial institutions in order ...
Peloton’s Financial Troubles Have Users Fearing Loss Of Instructors Pushing Them To Go! Go! Go!
Peloton’s financial troubles are cause for concern among its loyal fanbase. (Photo by Ezra Shaw/Getty Images) Getty Images One question locked-down stationary peddlers never asked before shellin...
Mastercard Will Help Financial Institutions To Offer Crypto
Payment giant Mastercard is taking another step to further its involvement in the crypto space, with the objective of growing its core business model. The company will launch a program that will help ...
Opinion: Stocks are rallying now, but the 9 painful stages of this bear market are not even halfway done
The official definition of a bear market is a 20% or greater decline from an index’s previous high. Accordingly, the three major U.S. stock-market benchmarks — the Nasdaq COMP, +0.90%, the S&P 500...