Search Results for "financial markets"
SEC Cybersecurity Breach: Investigating the Fallout and Future Measures
The SEC's recent cybersecurity breach, involving an unauthorized post on its X (formerly Twitter) account about a Bitcoin ETF, underscores the need for robust cybersecurity measures. The SEC is actively investigating the incident, highlighting the broader implications for security practices in social media and government agencies.
South Korea's Stance on Virtual Currency Investment and ETFs in 2024
South Korea reaffirms its prohibition of local financial institutions from owning, buying, or investing in cryptocurrencies and businesses offering crypto, including a strict ban on cryptocurrency exchange-traded funds (ETFs).
China Creates New Regulatory Authority for Blockchain Products and Digital Payments
Earlier this month, China's President Xi Jinping made announcements on blockchain prompting banks to begin investing in the industry. In line with this, it is reported the next direction will be a new digital currency for citizens in China to use.
Understanding the Market Structure of Oil and its Correlation with Bitcoin
The price of crude oil dropped below zero for the first time in history. With storage facilities filled to the brim and settlement of May futures contract on Tuesday, the price movement has shocked many. In this analysis, we study the recent history of oil, what drives it price and how it affects Bitcoin.
Financial Stability on The Brink of Instability Due to Bigtech Companies
FSB Worries that the development of BigTech Companies and their growing user community may cause the disintegration of banks amongst other mainstream financial systems.
Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin
Charles Cascarilla is the CEO and co-founder of Paxos, a financial technology company working to modernize the financial system by digitizing and mobilizing assets. A traditional hedge fund manager and equity investor, Cascarilla was able to recognize the power of blockchain and the function it could have in revolutionizing the way trade is conducted and settled.
Oxford Law Researchers Call for Strict Cryptocurrency Regulation to Avoid Another Financial Crisis
Researchers at Oxford University Law Faculty claim that crypto market regulation is mandatory to prevent systemic risk in times of financial crisis.
OMG Announces Kaiko to Expand Financial Instruments Global Identifier (FIGI) Standard for Crypto Assets
BOSTON, MA – JANUARY 20, 2021 - Financial Instruments Global Identifier® (FIGI®) is an open standard for the issuance of unique identifiers that can be assigned to financial instruments including common stock, options, derivatives, futures, corporate and government bonds, municipals, currencies, and mortgage products.
Switzerland’s Sygnum Crypto Bank Launches Swiss Franc-Backed Stablecoin to Facilitate Trading of Financial Assets
Sygnum, a Swiss-based crypto bank, has launched a fiat-based stable coin, DCHF token, tied to the Swiss Franc, in an effort to increase transaction efficiency by enabling faster payment when trading financial assets.
Crypto Analyst Suggests Bitcoin Price Has “Bottomed,” Bullish in the Next Few Weeks
Despite a massive technology stock sell-off recently, the US stock futures market was trading in positive territory on Sept 9, adding pressure to financial markets.
Algorand Blockchain Network Now Certified for Sharia Compliant Financing
The Algorand Foundation announced that its blockchain network has now been certified as Sharia compliant for the inclusion of Islamic financial markets.
Alibaba Founder Jack Ma Criticizes Current Financial Regulations
Alibaba founder Jack Ma highlights the importance of fintech innovations over regulations.