Search Results for: US authorities
Asian Stocks Extend Weekly Drop With Oil Below $45; Lira Weakens
November 4th, 2016
Manager’s team said to order unwanted cards for Wachovia staff Leaders ‘intently focused’ on restoring trust after CEO’s exit After Wells Fargo & Co. executive John Sotoodeh handed off more than a hundred branches in Southern California to a ...
Bitcoin Regulation is on Swiss Government’s Fintech-Friendly Agenda
November 3rd, 2016
Switzerland’s Federal Council has called for reducing the barriers seen by Fintech firms to enter the country which could see broader implications on the country’s regulatory stance on virtual currencies like bitcoin. In a meeting today, the Swiss Federal ...
China passed a new law for people be safe from legal liabilities when helping strangers
November 3rd, 2016
First aid providers in Shanghai will be shielded from legal liability when giving emergency assistance, under a new law that took effect yesterday to encourage the public to be more active in assisting in emergencies. The regulation, passed by ...
New bitcoin rival promises anonymity for online purchases
November 2nd, 2016
A new cryptocurrency launched late last week, claiming to allow users to make online purchases anonymously and sparking controversy and a negative reaction from the authorities. Zcash launched last Friday and is currently worth $498 dollars per coin, in ...
Don’t Sweat The Election. The Next Crisis Is Already Baked Into The Cake
November 1st, 2016
Friday was one of those days where you walk away from the screen for a minute and come back to find a completely different market. All it took was the FBI finding a trove of new Clinton emails, thus ...
Standard Chartered faces sanctions over Hong Kong flotation
November 1st, 2016
Standard Chartered has become ensnarled in another regulatory problem after admitting it faced potential sanctions from the Hong Kong authorities over its handling of a stock market flotation. As the London-listed bank reported its third quarter results, it admitted that ...
EU and Canada signed CETA; a trade deal that sets a new standard for global trade
November 1st, 2016
On 30 October, the EU and Canada sign a trade agreement, known as the Comprehensive Economic and Trade Agreement (CETA). This deal will create jobs and growth by boosting trade and strengthening economic relations. CETA’s progressive nature will set ...
Japanese Financial Institution Set to Launch a Digital Currency Exchange
October 31st, 2016
Japanese financial services group SBI is set to launch a platform that enables the trading and exchange of virtual currencies, citing increasing interest in virtual currencies like bitcoin which is proving popular among everyday investors. An announcement reveals the new company to be ...
Israeli regulator seeks binary options global sales ban
October 27th, 2016
Global estimates are that 90% of binary options firms are Israeli and Securities Authority head Shmuel Hauser wants all marketing worldwide banned. Last March, the Israel Securities Authority, headed by Prof. Shmuel Hauser, banned the marketing of binary options ...
Korean Government to Commercialize Bitcoin, Digital Currency
October 25th, 2016
Financial authorities decided to institutionalize digital currencies such as Bitcoin. In addition, they are planning to ramp up the size of average annual policy finance to one trillion won from 500 billion won for the development of fintech. “We ...
