TipRanks Another Day, Another Downward Revision for Alibaba Stock There’s a new sport on Wall Street called “lowering the estimates for Alibaba (BABA).” Anyone can participate and it looks like everyo...
Tag: Regulatory
SoFi stock soars after clearing final regulatory hurdle to become bank
Anthony Noto CEO of SoFi at the newly named SoFi Stadium under construction in Los Angeles. Stephen Desaulniers | CNBC Shares of SoFi rallied as more than 16% in after-hours trading on Tuesday followi...
Crypto Regulatory Ecosystem Is ‘Balanced on a Knife’s Edge’: Sam Bankman-Fried
Sam Bankman-Fried, CEO of crypto derivatives giant FTX, says the crypto regulatory ecosystem is on a knife’s edge right now. “It’s been really interesting being at the forefront of crypto regulatory t...
Big Four Accounting Firm Says Financial Institutions Need Regulatory Clarity on Crypto To Remain Competitive
Ernst & Young, one of the world’s leading accounting institutions, says that financial services firms must learn how to navigate the regulatory issues in the crypto markets to remain competitive. ...
Hong Kong initiates discussions to introduce stablecoin regulatory framework
The HKMA has listed 8 policy-related questions seeking recommendations They have cited 5 possible regulatory outcomes too HKMA aims to establish the framework by 2023-24 Hong Kong’s focal financial e...
Hong Kong begins discussions to introduce stablecoin regulatory framework
Hong Kong’s central banking institution, the Hong Kong Monetary Authority (HKMA), released a questionnaire to gauge public opinion on regulations for crypto-assets and stablecoins. The state-bac...
The Urgent Need for Regulatory Clarity on Stablecoins
Asset-backed stablecoins are digital currencies that are issued against traditional fiat currencies held on a 1:1 peg. In theory, one U.S.-dollar-backed stablecoin should be equal to one U.S. dollar. ...
Jerome Powell softens regulatory stance against stablecoins, says can coexist with the Fed’s CBDC
In a Senate Banking Commitee press conference this past Wednesday, Federal Reserve Chair Jerome Powell clarified in response to a question on whether a potential Fed CBDC would preclude the existence ...
IMF fears spillovers between crypto and equity markets, questions the “light touch” regulatory approach
The International Monetary Fund (IMF), recently warned about a growing connection between crypto and equity markets that pose risks to financial stability. In its recent report, the international body...
Bear Market Could Ease Regulatory Pressure, Says Legal Expert
The current bear market in cryptocurrencies could lead to an easing of regulatory focus, suggests one crypto legal expert. “A small silver lining of a crypto bear market is that it may relieve some re...
El Salvador Prepares Regulatory Framework To Issue Controversial Bitcoin Bonds
Will the plan work? Soon, the Bitcoin Bonds will get the legal foundation they need. In a recent TV interview Alejandro Zelaya, El Salvador’s Finance Minister, said they will send the necessary bills ...
El Salvador is working on a regulatory framework for Bitcoin bonds
El Salvador remains bullish on Bitcoin. The country’s president, Nayib Bukele, has progressed with plans of issuing Bitcoin bonds. The Salvadoran government is preparing 20 bills to offer a legal fram...
2022 would bring regulatory clarity to crypto space
TL;DR Breakdown 2022 to bring clarity to crypto regulation. Good cryptocurrency regulation would bring about improved crypto industry says FTX CEO. NFTs, Stablecoin, Metaverse, to become major industr...
FTX CEO, Sam Bankman-Fried Believes 2022 Will Be a Year of Regulatory Clarity for the Crypto Industry
If you’re one of those anarchists who sees cryptocurrencies as an anti-establishment weapon, this might be uncomfortable for you. FTX CEO Sam Bankman-Fried expects a wave of regulatory moves starting ...
Crypto Exchanges Betting Over NFT Amids Regulatory Concerns
In the past few months, there has been a growth of NFT in India. More than dozens of crypto platforms are getting into the NFT space, helping to push its market growth. Cryptocoin exchanges offering N...
US SEC Head Hires Crypto Advisor Amid Continued Regulatory Uncertainty
U.S. Securities and Exchange Commission head Gary Gensler is hiring a crypto advisor as questions persist regarding the nation’s regulatory approach to digital assets. Corey Frayer will advise Gensler...
AMD Stock: AMD Purchase Of Xilinx Delayed By Regulatory Reviews
Chipmaker Advanced Micro Devices (AMD) still expects to complete its acquisition of Xilinx (XLNX) but regulatory reviews have taken longer than expected. AMD stock dipped Friday. X Santa Clara, Calif....