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⿻ 1752 results found.

 
Title
Description
Date
Mexico business group unhappy about delay in oil auctions
A decision to delay Mexican oil auctions until after the next president takes office does not augur well for opening the country's energy sector to private investment, the head of a major business association said on Thursday.
Jul 19
06:44 PM
Switzerland seeks to regain cryptocurrency crown
Swiss regulators are stepping up efforts to halt an exodus of cryptocurrency projects from the country, after two of only a handful of banks active in the nascent sector shut their doors on it in the last year.
Jul 19
03:13 AM
SoftBank's Son says Japan is 'stupid' for not allowing ride-sharing
SoftBank Group Corp Chief Executive Masayoshi Son slammed on Thursday the Japanese government's ride-sharing ban and said the country had fallen behind overseas rivals in areas such as artificial intelligence and fintech.
Jul 18
10:44 PM
Cryptocurrency firm Stellar gets Islamic finance certification
California-based Stellar has received certification from Islamic scholars for its blockchain platform and related cryptocurrency, aiming to integrate the technology into the field of sharia-compliant financial products.
Jul 17
07:44 AM
IBM partners Stronghold for new digital stable coin
International Business Machines Corp is backing a new cryptocurrency pegged to the U.S. dollar, in a partnership with U.S.-based financial services provider Stronghold that adds stability to a sector known for its volatility, the companies said.
Jul 17
04:08 AM
BitPay granted virtual currency license by NY regulator
The New York Department of Financial Services (DFS) said on Monday it had granted a virtual currency license to bitcoin payments processor BitPay.
Jul 16
01:59 PM
Credit Suisse hires Citi's Salas to run fintech banking: memo
Credit Suisse has hired Citigroup's Mathieu Salas to head its coverage of financial technology clients, according to an internal memo, the contents of which were confirmed by a spokeswoman for the European bank.
Jul 16
10:29 AM
BlackRock is evaluating cryptocurrencies, CEO Fink says
BlackRock Inc Chief Executive Larry Fink on Monday said the world's largest asset manager has assembled a working group to look at blockchain technology and cryptocurrencies such as bitcoin, but cautioned he does not see massive investor demand.
Jul 16
09:04 AM
BlackRock is evaluating cryptocurrencies, CEO says
BlackRock Inc Chief Executive Larry Fink on Monday said the world's largest asset manager has assembled a working group that is looking at blockchain technology and cryptocurrencies, such as bitcoin, but cautioned he does not see massive investor demand.
Jul 16
05:54 AM
Global regulators start monitoring crypto assets
Global regulators have published a framework for
Jul 16
03:09 AM
Global regulators set out monitoring system for crypto-assets
Global regulators have published a framework for
Jul 16
01:14 AM
Coinbase to explore addition of five new cryptocurrencies
Coinbase said on Friday it was exploring the addition of five cryptocurrencies to its platform including Zcash, Cardano, and Stellar Lumens. (ADA , STR , XLM , ZEC )
Jul 13
03:10 PM
Saudi securities regulator awards first two fintech licenses
Saudi Arabia's securities regulator approved its first two financial technology licenses on Tuesday, part of a drive to develop a fintech sector in the Arab world's biggest economy under reforms designed to reduce reliance on oil exports.
Jul 10
11:03 AM
Paypal to spend $3 billion a year on M&A: CEO to German paper
PayPal Holdings Inc is on the lookout for further acquisitions following its recent takeover of iZettle, the Swedish fintech startup, for $2.2 billion, in the U.S. payments company's biggest ever deal.
Jul 08
11:44 AM
Benson Oak's new fund to invest in Israeli blockchain technology
European investment bank Benson Oak said on Sunday it has secured $25 million in investment commitments for a new Israel-dedicated fund and plans to raise $100 million in total.
Jul 08
01:14 AM
Israel charges former employee of NSO Group with cyber crimes
A former employee of cyber surveillance company NSO Group has been charged with stealing intellectual property and trying to sell it for $50 million over the Darknet in a manner that could harm state security, Israel's Justice Ministry said.
Jul 05
03:54 AM
Cryptocurrency exchange theft surges in first half of 2018: report
Theft of cryptocurrencies from exchanges soared in the first half of this year to three times the level seen for the whole of 2017, leading to a three-fold increase in associated money laundering, according to a report from U.S.-based cybersecurity firm CipherTrace released on Tuesday.
Jul 03
07:35 AM
EU watchdog says some banks too plodding to win fintech race
Banks saddled with bad loans risk being left behind by nimbler upstarts and Big Tech in the rapidly evolving fintech race, the European Union's banking watchdog said on Tuesday.
Jul 03
06:34 AM
Digital currency sales hit $13.7 billion in first five months of 2018: report
Digital currency sales jumped to $13.7 billion in the first five months of the year, nearly double the amount raised for the whole of 2017, according to a report released on Thursday by PwC's strategy and consulting division Strategy& and Switzerland-based Crypto Valley Association.
Jun 28
01:35 PM
Digital currency sales hit $13.7 bln in first 5 months of 2018-report
Digital currency sales jumped to $13.7 billion in the first five months of the year, nearly double the amount raised for the whole of 2017, according to a report released on Thursday by PwC's strategy and consulting division Strategy& and Switzerland-based Crypto Valley Association.
Jun 28
12:14 PM
BoE tells banks and insurers to be wary of crypto assets
Banks and insurers should be wary of crypto-assets as they can be highly-volatile and vulnerable to fraud, the Bank of England said on Thursday.
Jun 28
02:35 AM
Novogratz's Galaxy invests $20 million in virtual reality platform
Hedge fund manager Mike Novogratz's investment fund has invested $20 million in a blockchain-based virtual reality platform called High Fidelity, the project's chief executive officer and co-founder Philip Rosedale announced on Thursday.
Jun 28
02:19 AM
Facebook eases ban on cryptocurrency related ads
Facebook Inc on Tuesday decided to allow certain ads promoting cryptocurrency and related content from pre-approved advertisers, but would continue its ban on those tied to binary options and initial coin offerings.
Jun 26
12:34 PM
Ant Financial's Hong Kong venture launches blockchain-based remittance service
A venture owned partly by China fintech firm Ant Financial launched on Monday a blockchain-powered cash remittance service between Hong Kong and the Philippines, an initiative the territory hopes will improve its fintech reputation.
Jun 25
05:14 AM
Bitcoin falls to four-month low in persistent bearish trend
Bitcoin dropped to a more than four-month low on Friday, continuing a downtrend after more negative headlines such as Japan's financial regulator ordering six digital currency exchanges to make improvements on their anti-money laundering systems. (BTC )
Jun 22
12:29 PM
Bitfinex chief strategy officer departs
Bitfinex Chief Strategy Officer Phil Potter is leaving the cryptocurrency trading platform, the exchange told Reuters on Friday.
Jun 22
11:24 AM
Mexico leftist's motley coalition augurs post-election balancing act
Mexican leftist Andres Manuel Lopez Obrador has forged a coalition of voters of all stripes in a bid to win the presidency at the third time of asking and now, with victory within his grasp, he must work out how to hold it together.
Jun 22
04:25 AM
U.S. Treasury previews upcoming report on fintech reforms
A long-awaited report from the U.S. Treasury Department on financial technology will make wide-ranging recommendations about how to modernize regulation at the federal and state levels to promote innovation in financial services, a senior U.S. official said on Thursday.
Jun 21
01:38 PM
Unregulated British firm Financial.org closes investors' accounts
Unregulated British firm Financial.org, which is on eight watchdogs' alert lists, has closed all investors' dollar accounts and converted the balances to its new cryptocurrency, according to a notice on the company's Facebook page.
Jun 21
08:24 AM
Cryptocurrency firm Tether releases law firm report attesting to U.S. dollar reserves
A Washington-based law firm co-founded by former FBI director Louis J. Freeh has attested that as of June 1 cryptocurrency firm Tether had enough U.S. dollar reserves to back its virtual coins in circulation, according to a report released by Tether on Wednesday. (USDT )
Jun 20
06:09 AM
South Korea's Bithumb loses $32 million in digital money heist, bitcoin falls
South Korean cryptocurrency exchange Bithumb said 35 billion won ($31.5 million) worth of virtual coins were stolen by hackers, the second local exchange targeted in just over a week as cyber thieves exposed the high risks of trading the digital asset.
Jun 19
09:19 PM
Hackers hit South Korean cryptocurrency exchange Bithumb, bitcoin falls
South Korean cryptocurrency exchange Bithumb said 35 billion won ($31.5 million) worth of virtual coins were stolen by hackers, the second local exchange to suffer the fate in just over a week as cyber thieves exposed high risks of trading the digital asset.
Jun 19
07:50 PM
South Korea cryptocurrency exchange Bithumb says hacked, $32 million in coins stolen
Seoul-based virtual currency exchange Bithumb has been hacked and 35 billion won ($31.51 million) worth of virtual currency held at the exchange stolen, the exchange said on Wednesday.
Jun 19
07:44 PM
S.Korea cryptocurrency exchange Bithumb says hacked, $32 mln in coins stolen
Seoul-based virtual currency exchange Bithumb has been hacked and 35 billion won ($31.51 million) worth of virtual currency held at the exchange stolen, the exchange said on Wednesday.
Jun 19
06:44 PM
Rich people become cryptocurrency fans, want better advice-survey
Only around half of millionaires are in tune with their wealth managers and the very rich are increasingly interested in crytocurrency investments, a survey released on Tuesday found.
Jun 18
08:14 PM
Square obtains NY State cryptocurrency license
Square Inc , the payments company founded by Twitter Inc CEO Jack Dorsey, has obtained a license to offer New York state residents the ability to buy and sell bitcoin through its Cash App, the company said on Monday.
Jun 18
08:19 AM
The bigger Cryptocurrencies get, the worse they perform: BIS
Cryptocurrencies are not scalable and are more likely to suffer a breakdown in trust and efficiency the greater the number of people using them, the Bank of International Settlements (BIS)said on Sunday in its latest warning about the rise of virtual currencies.
Jun 17
09:24 AM
UPDATE 1-Speculators boost bearish bets on U.S. dollar -CFTC, Reuters
Speculators' net short dollar bets rose in the latest week, its second straight week of increases, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the net short dollar positions, derived from net positions of International Monetary Market speculators in the yen, euro, British pound, Swiss franc and Canadian and Australian dollars, was $7.42 billion in the week to June 12. That compares with a net short position of $5.54 billion the previous week. To be short a currency means traders believe it will fall in value. The net short position on bitcoin CBOE futures was 1,945 contracts, up slightly from 1,926 contracts last week. In a wider measure of dollar positioning that includes net contracts on the New Zealand dollar, Mexican peso, Brazilian real and Russian ruble, the U.S. dollar posted a net short position valued at $7.10 billion, compared with a short position valued at $5.25 billion a week earlier. The dollar, which has risen since mid-April supported by rising U.S. Treasury yields and solid economic data, resumed its climb this week after stumbling a little last week. For the week, the dollar index, which measures the greenback against a basket of six currencies, was up 1.3 percent, its largest weekly rise in seven weeks. Increased worries about tensions between Washington and Beijing, with President Donald Trump announcing hefty tariffs on $50 billion of Chinese imports on Friday, clouded the outlook for the greenback.
Jun 15
01:39 PM
With jobs short but power cheap, Kosovars get mining - cryptocurrency
What do you do in Kosovo, one of Europe's poorest countries, if you're unemployed but young, computer-savvy and proficient in English? If you're also entrepreneurial, one cottage industry you might consider is 'mining' cryptocurrency, or digital coins.
Jun 15
07:33 AM
Cryptocurrency exchange strikes UK bank account deal: sources
A cryptocurrency exchange in the UK has struck a rare deal to open a bank account with British start-up ClearBank, said two people familiar with the matter, allowing domestic customers to trade digital currencies without moving their money overseas.
Jun 15
03:24 AM
U.S. agency asks judge to rule virtual currency is commodity
The U.S. Commodity FuturesTrading Commission on Thursday urged a federal judge to concludethat an obscure virtual currency called My Big Coin is acommodity subject to its oversight, saying it is no differentthan precious metals like gold.
Jun 14
02:39 PM
U.S. SEC official says ether not a security, price surges
The price of ether rose onThursday after a senior official at the U.S. Securities andExchange Commission stated that the cryptocurrency was not asecurity, thus exempting certain transactions in the token fromfederal securities laws.
Jun 14
01:19 PM
UPDATE 1-U.S. Fed finalizes rule limiting bank exposure to single counterparties
The U.S. Federal Reserve onThursday said it would finalize a rule introduced following the2007-09 global financial crisis limiting the amount of creditexposure a big bank can have to a single counterparty.
Jun 14
12:44 PM
U.S. Fed to finalize rule limiting bank exposures so single counterparties
The U.S. Federal Reserve onThursday said it would finalize a rule introduced following the2007-09 global financial crisis limiting the amount of creditexposure a big bank can have to a single counterparty.
Jun 14
11:39 AM
Banks unlikely to process payments with distributed ledgers for now, says Ripple
Banks are unlikely to use distributed ledgers to process cross-border payments for now because of scalability and privacy issues, according to Ripple, one of the most prominent startups developing the technology.
Jun 13
10:34 AM
U.S. agency's virtual currency oversight faces court challenge
An obscure virtual currency called My Big Coin is now at the center of a closely watched case that could determine whether the U.S. Commodity Futures Trading Commission has the authority to combat fraud associated with cryptocurrencies.
Jun 13
09:43 AM
Bitcoin sinks to two-month low as downtrend persists
Bitcoin fell to a two-month low on Tuesday, sliding in three of the last four sessions on nagging regulatory and security concerns after the weekend hacking of South Korean cryptocurrency exchange Coinrail. (BTC )
Jun 12
02:28 PM
UPDATE 3-Farewell package for WPP's Sorrell faces investor backlash
* Hermes EOS cites lack of information about CEO exit* Harris among investors backing re-election of board* WPP to hold AGM on Wednesday(Adds comment from WPP investor California State Teachers'Retirement System)By Simon Jessop and Kate HoltonLONDON, June 12 (Reuters) - WPP's decision to allowfounder Martin Sorrell to quit with share awards worth millionsof pounds faced fresh opposition on Tuesday as Hermes EOSadvised shareholders to vote against the advertising giant'sremuneration report.Anger over the handling of Sorrell's departure is set todominate WPP's annual meeting in London on Wednesday whereinvestors will target the one issue that caused uproar duringSorrell's tenure - the amount he was paid.WPP's incentive plans have led to opposition in the past,with Sorrell earning around 200 million pounds in the last fiveyears alone. A third of WPP's investors refused to back his 70million pound ($94 million) pay package in 2016.Sorrell's last award scheme could potentially pay out 20million pounds but it is expected to come in well below that dueto the recent underperformance of the group.Other shareholders are set to target the re-election of theWPP's chairman, Roberto Quarta, after Sorrell quit the world'sbiggest advertising firm following an inquiry into allegationsof personal misconduct. Some investors have expressed concernabout the handling of Sorrell's exit.Neither Sorrell or the company have given any details of thecomplaint and the 73-year-old has since set up a rival ad firm. (EOS )
Jun 12
11:05 AM
RPT-UPDATE 2-Farewell package for WPP's Sorrell faces investor backlash
(Repeats with no changes to text)* Hermes EOS cites lack of information about CEO exit* Harris among investors backing re-election of board* WPP to hold AGM on WednesdayBy Simon Jessop and Kate HoltonLONDON, June 12 (Reuters) - WPP's decision to allowfounder Martin Sorrell to quit with share awards worth millionsof pounds faced fresh opposition on Tuesday as Hermes EOSadvised shareholders to vote against the advertising giant'sremuneration report.Anger over the handling of Sorrell's departure is set todominate WPP's annual meeting in London on Wednesday whereinvestors will target the one issue that caused uproar duringSorrell's tenure - the amount he was paid.WPP's incentive plans have led to opposition in the past,with Sorrell earning around 200 million pounds in the last fiveyears alone. A third of WPP's investors refused to back his 70million pound ($94 million) pay package in 2016.Sorrell's last award scheme could potentially pay out 20million pounds but it is expected to come in well below that dueto the recent underperformance of the group.Other shareholders are set to target the re-election of theWPP's chairman, Roberto Quarta, after Sorrell quit the world'sbiggest advertising firm following an inquiry into allegationsof personal misconduct. Some investors have expressed concernabout the handling of Sorrell's exit.Neither Sorrell or the company have given any details of thecomplaint and the 73-year-old has since set up a rival ad firm. (EOS )
Jun 12
08:19 AM
Farewell package for WPP's Sorrell faces investor backlash
WPP's (WPP.L) decision to allow founder Martin Sorrell to quit with share awards worth millions of pounds faced fresh opposition on Tuesday as Hermes EOS advised shareholders to vote against the advertising giant's remuneration report. (EOS )
Jun 12
05:24 AM



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