Cryptoverse: Forget crypto winter, this is a bitcoin ‘bloodbath’
Dec 6 (Reuters) – “I’m almost bankrupt,” said Jad Fawaz, a crypto trader in Abu Dhabi. “I’m laughing because there’s no point in exerting more depression...
Tagged: SUSTAINABLE BUSINESS
US banking regulator warns against crisis risk from fintech proliferation
NEW YORK, Sept 7 (Reuters) – The rise of fintech services and digital banking could spur financial risk and potentially a crisis in the long term,...
JD.Com fintech unit aims to win Beijing approval for HK listing as soon as year ends – sources
HONG KONG/SYDNEY, Nov 15 (Reuters) – The fintech arm of Chinese e-commerce firm JD.Com ( 9618.HK ) aims to win Beijing regulators’ approval to list in...
Cryptoverse: Bitcoin wants to break the bond with stocks
Nov 1 (Reuters) – After months of tears and tantrums, bitcoin wants to split with the stock markets. The cryptocurrency, which has been closely correlated with...
Singapore c.bank proposes measures on crypto trading, stablecoin
SINGAPORE, Oct 26 (Reuters) – Singapore’s central bank has proposed new regulatory measures for cryptocurrency and stablecoin trading, in a bid to reduce the risk of...
Cryptoverse: British Pound Fiasco Boosts Bitcoin’s Hedging Appeal
Oct 25 (Reuters) – As a developed nation, you know your currency is in trouble when investors start hedging on bitcoin. After Britain’s short-lived Prime Minister...
Cryptoverse: Trading Names in an Astounding Crypto-Crazy
Oct 4 (Reuters) – A new NFT trading craze where names are bought and sold for eye-watering sums is providing a multimillion-dollar lifeline for speculators shivering...
OCC’s Hsu: Bank-fintech partnerships ‘here to stay’, while crypto-hogging ‘brain space’
WASHINGTON, Oct 13 (Reuters) – A top U.S. banking regulator said his caution about banks working with fintechs is not meant to stifle those arrangements, but...
Cryptoverse: A crowd of funds bet on the allure of battered bitcoin
Oct 18 (Reuters) – A growing number of funds are banking on the long-term appeal of bitcoin and ether, a cruel gambit in the depths of...
Cryptoverse: Bitcoin Miners Get Stuck in a Bear Pit
Sept. 27 (Reuters) – Spare a thought for the beleaguered bitcoin miner. By the end of 2021, miners were the toast of the town with a...