EquitiesFirst, an institutional finance firm known for lending cash against stock holdings, owes embattled crypto lender Celsius $439 million. According to a Financial Times report, two people familia...
Tag: Financial
Key Players In Financial Sector Are Betting On CBDC: Ripple Report
The future of fiat money lies in the central bank digital currencies (CBDC) , reveals blockchain firm Ripple(XRP). More than 70% of participants from five global regions opine CBDCs have great potenti...
Gain financial independence with My Freedom Coin
My Freedom Coin or MFC is a DeFi platform built upon the transparent and secure BEP-20 blockchain. By blending the secure, transparent, and fast technology of blockchain with the financial service ind...
When the Market Is a Royal Pain, Go With These Dividend Kings
Inflation continues to rear its ugly head and interest rates are likely to continue rising, which makes for a broad headwind for the stock market. In times like this investors looking for safe income ...
Living paycheck to paycheck is now ‘the most common financial lifestyle’ in the US — even the wealthy aren’t immune
Living paycheck to paycheck is now ‘the most common financial lifestyle’ in the US — even the wealthy aren’t immune Pushing yourself to save can be a challenge, but more and more con...
Red Hare Integrates BOA Financial Group To Explore NFT Opportunities –
Red Hare, one of the leading non-fungible token (NFT) analytic firms, has successfully partnered with Hong Kong-based BOA Financial Group (BOAFG) to explore business opportunities in the NFT space. In...
Vladimir Putin Approves Bill Restricting Digital Financial Assets
11 hours ago | 2 mins read Bitcoin News Russia will begin this autumn by introducing a new bill called “On Digital Currency.” Russian authorities have said that the DFA covers cryptocurrencies. Russia...
Three-Quarters of Financial Institutions Expect More Crypto Use in Future
Ripple has published a new report revealing that a sizable number of financial players believe crypto use will increase in the next three years. Many of them also want to work with the crypto asset cl...
Is Tilray Going Up in Smoke?
Shares of cannabis company Tilray Brands (TLRY) soared quickly to around $300 back in 2018 but today trade for just a touch above $3 — a rude awakening to buy-and-hold investors who looked for g...
UK financial watchdog exec hints at importance of international collaboration on crypto regulation
The chief executive of the United Kingdom’s Financial Conduct Authority, or FCA, said the U.K. government will be working with its counterparts in the United States to address a regulatory framework f...
JPMorgan Releases Q2 2022 Financial Earnings, Falls Below Analysts’ Expectations
According to JPMorgan, its Q2 2022 results fell below Wall Street’s expectations in EPS and revenue because of bad loan reserves. JPMorgan has finally released its Q2 2022 earnings report showing earn...
Financial Services Company Plaid Integrates Crypto Exchange Data
Financial services API developer Plaid is adding account information on crypto assets from cryptocurrency exchanges. The financial service provider said it is now able to display information such as b...
Crypto Daily – Daily Crypto And Financial News 15/07/2022, Celsius Files For Bankruptcy
In Todays Headline TV CryptoDaily News: Paused until further notice. Celsius Network filed for bankruptcy protection after a crypto crash that decimated the value of digital currencies, including bitc...
South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset – Emerging Markets Bitcoin News
The deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency, and now regards it to be a financial asset which must be regulate...
New Ripple survey shows 70% of financial leaders believe CBDC is the future of fiat
A new report by blockchain company Ripple (XRP) indicates that key financial sector players are considering central bank digital currencies (CBDC) as the future of fiat money. The Ripple New Value Re...
South Africa Sets To Regulate Crypto As Financial Assets
South Africa’s central bank is planning to impose more regulation on the crypto industry as it recognizes the digital asset space. The rules will be imposed within the next 12 months to regulate crypt...
Fasset to Drive Financial Inclusion in Indonesia with Mastercard
Digital assets-based fintech startup Fasset Technologies has partnered with payments giant Mastercard to drive financial inclusion in Indonesia. This move comes off as one of Fasset’s international ex...
South African exchanges welcome the new ‘crypto is financial asset’ ruling
South Africa’s Reserve Bank is set to begin regulating cryptocurrencies as financial assets in the next 18 months, with exchanges expecting the move to drive adoption in the country. The move to class...
Crypto Lender Celsius Is ‘Deeply Insolvent’, Says Vermont’s Financial Regulator
On Tuesday, the Vermont Department of Financial Regulation (DFR) alerted investors to exercise caution with the crypto lender Celsius. It called the lender “deeply insolvent” and operated without a p...
Principles for Financial Market Infrastructures should be applied to stablecoins: BIS
The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) of the Bank for International Settlements (BIS) published guidance on s...
Mastercard with crypto companies for financial expansion in Indonesia
Payments giant Mastercard has partnered with Fasset, the crypto company operating in the Middle East, to expand its financial offering in Indonesia by supporting local cryptocurrency adoption. Master...
Mastercard partners with crypto gateway to drive financial inclusion in Indonesia
Financial services firm Mastercard has partnered with crypto gateway provider Fasset to co-develop digital solutions that may drive adoption in Indonesia. The collaboration aims to expand financial in...
Jamie Dimon rips Fed stress test as ‘terrible way to run’ financial system
Jamie Dimon, CEO of JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit in Washington, D.C. on Dec. 6th, 2018. Janvhi Bhojwani | CNBC JPMorgan Chase CEO Jamie Dimon didn’...
Mastercard Partners With Fasset to Drive Financial Inclusion in Indonesia
Indonesia remains a leader in cryptocurrency ownership More than half of crypto investors in Indonesia are women Global payments platform Mastercard has partnered with Middle Eastern global digital as...
South Africa Set To Regulate Bitcoin And Other Cryptos As Financial Assets
Cryptocurrency regulation in South Africa seems to have become a reality and will set a pathway to maintain compliance in crypto and Bitcoin assets. The South African Reserve Bank (SARB) is pioneering...
These 3 Utility Stocks Offer High Yields, Recession-Proof Dividends
Utility stocks are among the safest stocks in the entire stock market during a recession, and many agree we’re either in one, or headed there. Utilities also provide stable dividends, even when ...
Steve Forbes Warns “Big Financial Crisis” Is Coming
This episode of What’s Ahead warns of a brewing storm that will be global in nature and could wreak immense damage, economically and politically. Numerous nations have amassed immense debt. The binge-...
Crypto Daily – Daily Crypto And Financial News 14/07/2022, 3AC Liquidators Get Greenlight To Claim U.S. Assets
In Todays Headline TV CryptoDaily News: Court permission Liquidators for crypto hedge fund Three Arrows Capital obtained U.S. court permission to issue subpoenas and lay claim to the bankrupt Singapor...
Citing Benefits of Cryptocurrencies, South Africa Plans to Regulate Them as Financial Assets
Kuben Naidoo – Deputy Governor of South Africa Reserve Bank (SARB) – argued that cryptocurrencies, specifically bitcoin, provide numerous advantages to the monetary system. However, he claimed there i...
Looking at Copper and Freeport-McMoRan, Everyone Is Ignoring a Huge Issue
Every media outlet has written in recent weeks about the “rapid demand destruction in commodities” but I think they are missing a key conclusion. Let’s dive into the charts and I&...
Celsius ‘Deeply Insolvent’ Says Vermont Financial Regulator
Celsius Network, the embattled crypto lender, is “deeply insolvent,” according to the Department of Financial Regulation (DFR) in the U.S. state of Vermont. “The Department believes Celsius is deeply ...