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...
Tagged: PLCY
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....
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...
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...
IMF flags obstacles to debt restructuring, says banning crypto should be an option
BENGALURU, Feb 25 (Reuters) – Group of 20 (G20) nations have some disagreements over debt restructuring for distressed economies, the head of the International Monetary Fund...
Fed’s Waller Says Crypto Is Risky, Harker Sees Still Demand
Feb 10 (Reuters) – Federal Reserve Governor Christopher Waller had a pair of warnings to those involved in cryptocurrency assets on Friday, telling buyers they could...
China’s regulator tells Futu and UP Fintech to stop seeking mainland clients
SHANGHAI/HONG KONG, Dec 30 (Reuters) – China’s securities regulator said on Friday that online brokers Futu Holding and UP Fintech Holding have been operating illegal securities...
ECB says Bitcoin is artificially backed, should not be legitimized
FRANKFURT, Nov 30 (Reuters) – Bitcoin is being artificially propped up and should not be legitimized by regulators or financial firms as it is heading towards...
Take Five: A UK Budget and Trouble in Cryptoland
LONDON, Nov 11 (Reuters) – The long-awaited UK fiscal plan is (almost) here and after the ruckus triggered by September’s mini-budget, markets are watching closely. Chaos...