NEW ECONOMY

Hong Kong gives former banker four years in prison

Former banking official gets four years in prison over false letters of credit and accepting $470,000 in cryptocurrency bribes. Source link

Coinbase Seeks Approval to Bring Stock Perps to US

Coinbase wants to bring 24/5 perpetual futures trading to individual US stocks, with its proposed contracts now awaiting regulatory approval. Source link

Binance Expands Into FX with 24/7 Perpetuals

Binance is expanding its derivatives offering into foreign exchange with the launch of 24/7 perpetual futures, starting with a US dollar-Brazilian real contract on Monday.Unlike traditional FX markets, which close for the weekend, Binance’s contracts will trade continuously using...

A Fintech Founder Shares the 5 Numbers That Reveal Whether Your Business Can Survive a Downturn

Opinions expressed by Entrepreneur contributors are their own. Key Takeaways A fintech founder shares the five numbers that reveal whether your business can withstand pressure — and how to read each one before it’s too late.In 2022, I remember looking at...

Crypto Stocks Rebound as CFTC, SEC Move Ahead

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our...

CFTC crypto market regulation enters White House review

The US Commodity Futures Trading Commission has submitted a new regulatory action covering crypto asset transactions and markets for White House review, as the agency moves forward with its approach to overseeing the digital asset sector.According to a filing...

Why the Next Billion Dollar Longevity Opportunity May Not Be a Product

Opinions expressed by Entrepreneur contributors are their own. Key Takeaways The longevity industry is not short on exciting ideas; it is short on trusted systems that can prove which ones work and help doctors use them responsibly.Boston’s advantage may be less...

Bitcoin Follows US Bond Yields Higher as BTC Returns to $81,000

Bitcoin (BTC) jumped past $80,000 around Friday’s Wall Street open as fuel-crisis woes spread through global markets.Key points:Bitcoin gained 6% on Friday as concerns about oil supply saw US bond yields reverse higher.Crypto markets liquidated $250 million in short...

CFTC sends crypto rules to White House to review as Congress stalls on Clarity Act

“The CFTC is locked in and ready to ship its rules for the new frontier of finance,” CFTC chair Mike Selig wrote in a post on X following the vote on Wednesday. The CFTC, on Friday, also published a no-action...

Banks Now Account for Nearly 1 in 4 EU MiCA Crypto Providers

Banks are rapidly expanding their presence in Europe’s regulated crypto market, with traditional lenders now accounting for nearly one in four providers listed under the European Union’s Markets in Crypto-Assets framework (MiCA).The number of banks on the EU’s MiCA...
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Andy Burnham says he wants to ‘repair bridges’ between Ukraine and US

Prime Minister Andy Burnham has said it is his job to "repair bridges" between Ukraine and the United States,...
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