Waters, who is also leading an effort alongside the panel’s ranking Republican to write legislation to regulate stablecoins, signed the letters alongside other committee Democrats, sending the request...
Tag: Financial
FinCEN Alerted Financial Institution For Russia’s Crypto Activities
49 mins ago | 2 mins read Editors News Financial institutions support the U.S and international efforts to weaken Russia. Russian government using CVCs to evade widespread sanctions. The Bureau of Ind...
I hired a financial planner, but they’ve already lost $70K. What should I do?
Is a big loss a reason to ditch your financial planner? Getty Images/iStockphoto By ALISA WOLFSON Question: I recently rolled my retirement pension and 401(k) into one account, managed by a financial ...
Philippines Financial Watchdog warns public against investing with Binance
The Philippines Securities and Exchanges Commission (SEC) has issued a warning to the public against dealing with Binance. The caution was contained in a response sent to Infrawatch PH, a public polic...
Women in Crypto: Just Do It! Crypto Advice by Financial Expert Joy Mbanugo
– Advertisement – Joy Mbanugo is the cutting edge, female powerhouse of the modern financial space, with a passion for innovative technology, imaginative financial solutions, angel investi...
No, I’m Not Selling Exxon and Chevron Here
Well, that cinches it. The world is in a recession. No, I am not talking about tomorrow’s US non-farm payrolls report, which some clown on an endless clown show FinTV network will inevitably, br...
Here’s Why Apple Has Me Nervous About the Stock Market
By BRUCE KAMICH Aug 04, 2022 | 11:36 AM EDT Stocks quotes in this article: COST, AAPL Real Money readers may remember a story I wrote about Costco ( COST) on July 26 where I discussed a possible risin...
I started the year with $3.85M but ‘have watched my accounts drop 20%.’ When I asked about it, I got ‘unsatisfactory’ answers from my financial adviser. That said, he ‘by and large has done well for me.’ What’s my move?
Do you have the right communication going on with your financial adviser. Getty Images/iStockphoto Question: I have watched my accounts drop 20% this year, which is better than the market, but startin...
BitMEX Co-Founder Fights UK Watchdog Over His Financial Data
Delo withdrew legal action against fintech company Wise after it complied with his request to hand over data Wise earlier submitted three suspicious activity reports on Delo to a UK crime agency The c...
Celsius wants to rehire its ex-Chief Financial Officer
Embattled crypto lender Celsius Network wants to rehire its ex-Chief Financial Officer Rod Bolger, according to a court filing made by the firm on July 25. According to the filing, Celsius wants to hi...
We’re Lowering Our Price Target on This Semiconductor Powerhouse
Leading up to Advanced Micro Devices (AMD) reporting its June-quarter results Tuesday night, and following Intel’s (INTC) very recent disastrous earnings report, AMD shares soared 16% compared t...
BTC Added to Impel’s ISO 20022 Financial Messaging API
Advertisement     Impel is pleased to announce that bitcoin (BTC) has been added as optional collateral for payments to its ISO 20022 financial messaging API. BTC can ...
NY State Financial Regulator in Slaps Robinhood’s Crypto Division with a $30M Fine – crypto.news
The New York state financial watchdog has levied a $30 million fine against Robinhood’s cryptocurrency division for allegedly breaking cybersecurity and anti-money laundering laws. This is the latest ...
New York financial regulator fines Robinhood’s crypto division $30M
The New York Department of Financial Services, or NYDFS, has announced a $30 million penalty on Robinhood’s cryptocurrency arm for alleged violations related to anti-money laundering, cybersecurity an...
UK’s New Financial Promotion Guidelines Don’t Include Crypto—Yet
UK’s Financial Conduct Authority (FCA) today introduced tougher rules for advertising high-risk financial products such as non‑mainstream pooled investments, speculative illiquid securities, and peer‑...
Singapore’s watchdog urges financial firms to ‘discourage’ retail crypto trading
Despite the cryptocurrency sector growing exponentially, financial authorities and regulators in some countries remain skeptical of assets such as Bitcoin (BTC), including in Singapore, where the city...
Impel Adds Bitcoin to ISO 20022 Financial Messaging on XDC Network
Dallas, Texas, 2nd August, 2022, Chainwire New Cross-chain Interoperability via WanBridge Provides More Robust Options for Instant Settlement Impel is pleased to announce today that bitcoin (BTC) has...
Singaporean financial watchdog to consult public on stablecoin regulation
The Monetary Authority of Singapore (MAS), a city-state’s principal financial regulator, assesses the merits of a regulatory regime toward stablecoins. Current guidelines focus on Know Your Customer (...
‘I have watched my accounts drop by 22%.’ My financial adviser has usually ‘done well’ but now it feels like he’s not making enough adjustments in this tough market given that I’m losing ‘large chunks’ of money. What’s my move?
How to know if your financial adviser is doing a good job. Getty Images/iStockphoto Question: I have had a financial advisor with a national firm for more than a decade. We have done well and his fee...
Pelosi’s Taiwan Trip Raises Angst in Global Financial Markets
(Bloomberg) — Traders are bracing for US House Speaker Nancy Pelosi’s expected arrival in Taipei Tuesday to raise tensions with China, with Asian stocks sliding and global havens the yen and Tre...
Two mighty financial organisations that hate…
As bitcoin continues to eat away at the legacy financial system, the pillars of this system are making their stand and will do anything they can to stop bitcoin and the cryptocurrency sector in their ...
UK financial regulator unveils stronger ad restrictions — with crypto rules set to follow
The UK’s financial regulator, the Financial Conduct Authority (FCA), finalized stronger rules today to help combat misleading adverts related to high-risk investment products, according to a press rel...
ON Semiconductor’s Earnings Just Broke Records: Here’s the Trade
ON Semiconductor (ON) released the firm’s second quarter financial performance on Monday morning. The numbers published were not just good, they broke records. For the three month period ending ...
Alibaba Vows to Stay on Wall Street After SEC Threatens Delisting
Alibaba Group Holding (BABA) and HK:9988 says it will “strive” to maintain its U.S. listing, after the e-commerce provider was added to a U.S. watchlist that could result in it being boote...
U.K. Financial Regulator Plans Tighter Crypto Marketing Checks
Share this article “Crypto remains high risk so people need to be prepared to lose all their money if they choose to invest in cryptoassets,” a press release from the U.K. regulator said. FCA to Regu...
‘It has me questioning if we are in the right relationship.’ Our financial adviser is a ‘top performer’ but she costs well over $20K a year — even when we lose money. Should we get a new one?
How to know if your financial adviser is worth the money. Getty Images/iStockphoto Question: After our first financial adviser retired, we picked a new one recommended by her to continue our relations...
Kenya Central Bank Orders Financial Institutions to Stop Dealing With Two Nigerian Fintechs – Regulation Bitcoin News
In a letter addressed to the CEOs of financial institutions, the Central Bank of Kenya (CBK) has said financial institutions operating in the country must cease and desist from dealing with two Nigeri...
Revolutionizing financial mobility with Akt.io
Finance has always been an exciting sector for both novice and professional traders/investors. Banks are considered the centerpiece of traditional finance. Getting loans and creating accounts in brick...
Has the Market Hit Bottom? Wrong Question
In a bear market, there is always an intense focus on one issue — namely, has the market hit bottom? There has been endless debate about that issue lately, and there are compelling arguments for...