Futu, UP Fintech shares fall on plan to remove apps in China
SHANGHAI, May 16 (Reuters) – New York-listed shares of Futu Holdings Ltd and UP Fintech Holding Ltd plunged in pre-market trading on Tuesday, after the online...
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Bitcoin could reach $100,000 by the end of 2024, says Standard Chartered
LONDON, April 24 (Reuters) – Top cryptocurrency bitcoin could hit $100,000 by the end of 2024, Standard Chartered ( STAN.L ) said on Monday, saying the...
Crypto firms will develop “offshore” without clear US rules, Coinbase CEO says
LONDON, April 18 (Reuters) – The United States and Britain should make their rules on the crypto industry much clearer to prevent firms from developing in...
UK seeks to boost banking services from fintechs
LONDON, April 17 (Reuters) – Britain’s financial regulators said on Monday they would create a new body over the next two years to encourage more competition...
Hong Kong tempts mainland China crypto firms in push to bolster financial hub status
HONG KONG, April 13 (Reuters) – After years of bankers quitting Hong Kong amid a security breach in China and tightening covid curbs, the city is...
Dollar pauses after strong gains on hawkish Fed plays; bitcoin reaches $30,000
TOKYO, April 11 (Reuters) – The U.S. dollar paused for breath on Tuesday after its best rally this month against major peers, as a robust U.S....
Crypto firm Animoca Brands cuts target for new funds again – sources
HONG KONG, March 24 (Reuters) – Hong Kong-based blockchain game developer Animoca Brands has cut the target for its so-called metaverse fund by 20% to $800...
Analysis: What’s behind bitcoin’s latest surge?
LONDON, March 22 (Reuters) – At the turn of the year, bitcoin was in the grip of a bleak midwinter, down and out after a 2022...
Crypto exchange Binance to stop transfers of pounds
LONDON, March 14 (Reuters) – Binance is halting its sterling deposits and withdrawals, a company spokesperson said on Tuesday, a month after the world’s biggest crypto...
Dollar heads for first weekly loss in five, crypto falls
LONDON, March 3 (Reuters) – The U.S. dollar fell from a 2-1/2-month high against the yen on Friday and appeared poised for its first weekly loss...