As regulators scrutinize DeFi more closely, participants need to improve compliance around AML and KYC and make the process easier for customers, says Thomas Gentle, Compliance Officer, Quadrata.
Mox, a virtual bank subsidiary of Standard Chartered, has started offering bitcoin and ether exchange-traded funds to its clients shortly after launching an investment platform in Hong Kong.
(Bloomberg) -- Even with recent market gyrations, the chill of crypto winter is becoming a distant memory for traders of digital tokens. The launch of spot Bitcoin exchange-traded funds in January and ringing endorsements from Republican presidential candidate Donald Trump have helped them bounce back from the rout sparked by the collapse of FTX.Most Read from BloombergAfrica’s Richest City Needs $12 Billion to Fix InfrastructureNew York City’s Outdoor Dining Sheds Will Start DisappearingThe 5 C
Bitcoin’s volatility intrigues investors amid global market fluctuations and rising geopolitical tensions.
The Aussie dollar has been sold off quite a bit over the last few days, but it looks as if the attitude of traders changed drastically over the last 24 hours or so. At this point, we are looking at a range being tested again.
The stock market was rising again to start the day on Wednesday as the big indexes continued to climb out of the hole left by Monday’s selloff. The Nasdaq Composite rose 1.6%. Bank of Japan Deputy Governor Shinichi Uchida gave global markets a lift after he said central bank officials were rethinking plans to raise rates amid market volatility.
Low-cost ETFs can be an excellent way to dip your toes into a stock market sector.
A week after Japan’s top central banker shook up global markets with comments about raising interest rates, one of his deputies promised not to hike them while markets are unstable. Wednesday's promise by Bank of Japan Deputy Gov. Shinichi Uchida helped Japanese stocks build on Tuesday's rally and saw the yen pull back further: + The Nikkei Stock Average closed 1.2% higher, after starting the Japanese morning down more than 2%. Wednesday's moves bring Japanese markets closer to where they were before July 31, when the central bank lifted its main interest rate to 0.25% and Gov. Kazuo Ueda suggested he wanted to keep tightening monetary policy.
- The U.S. dollar steadied in early European trade Monday ahead of key inflation data, while the euro edged higher as traders digested the results of the French...
-- Gold prices rose slightly in Asian trade on Wednesday after falling sharply in the prior session as the dollar steadied from recent losses, with focus remaining on a potential U.S. recession and lower interest rates.