EU Watchdog Sets out Capital, Liquidity Rules for Stablecoin lssuers

The european union\'s pankingwatchdog set out proposals on Wednesday requiring that fromJune issuers of stablecoins backed by currencies to have sufficient funds to fully redeeminvestors.

Ebury Hires Perella Weinberg Partners, Prepares for IPO in2025

and Forex services, has reportedly hired Perella Weinberg Partners (PWP), an American globafinancial services firm focused on investment banking advisory services, to launch an initiapublic offering of the business as soon as 2025

Listen to the Article: Switzerland ls Becoming the New Havenfor Crypto Companies

Although Switzerland is crypto-friendly, it also has strict KYC and AML regulations, which areenforced by FINMA\'s supervision to prevent illegal activities. The regulator requires companiesthat provide crypto services to comply with the KYC and AML rules

Spains CNMV Flags Four Unregistered Entities

The National Securities Market Commission, the Spanish government agency responsible forthe financial regulation of the securities markets in Spain, has updated its warning list onMonday (November 6, 2023), with the addition of four unregistered financial

WEEKLY DATA: OIL AND GOLD

This preview of weekly data looks at USOIL and XAUUSD where economic data coming up later this week are the main drivers in the markets for the near short term outlook.

US SECURES EXTRADITION OF LEADER OF $70 MILLION CRYPTO AND BINARY OPTIONS FRAUD

U.S. Attorney Leigha Simonton has highlighted the Justice Department’s commitment to pursuing cybercriminals, stressing the importance of interagency cooperation. The indictment lists over 20 fraudulent investment platforms linked to Krstic, who allegedly

WEEKLY DATA: EURUSD AND GOLD

This preview of weekly data looks at EURUSD and XAUUSD where economic data coming up later this week are the main drivers in the markets for the near short term outlook.

Nasdaq 100 Goes on Bullish Tear, USD/JPY Perks Up as US Yields Resume Rebound

After struggling for direction for much of the trading session, the Nasdaq 100 finished the day slightly higher, but gains were contained by rising rates. Last week, Treasury yields fell after the Federal Reserve adopted a more cautious tone and macro dat

U.S. stocks ended October with the S&P Posting its longest monthly losing streak since March 2020

Local time on October 31 (Tuesday), due to the approach of the Federal Reserve\'s November interest rate meeting resolution, the market sentiment tends to be cautious, and the three major indexes of the US stock market showed a narrow trading trend in the

The yen fell sharply as foreign exchange bonds were abandoned

Governor Kazuo Ueda, in the dilemma between "foreign exchange protection" and "bond protection", finally chose "bond abandonment" and announced that the 1% ceiling of JGB yield was changed from "hard boundary" to &q

14 investment banks ahead of the Federal Reserve interest rate decision: do not expect to raise interest rates this week, but will keep the option of raising interest rates again

The Federal Reserve will announce its interest rate decision on Wednesday (Nov. 1), and as the release time approaches, here are the forecasts of analysts and researchers at 14 major banks.The Federal Reserve is set to leave interest rates unchanged for a

How to invest after US stocks hit valuation? Mo gave the answer: Buy value stocks

The latest sell-off in US stocks, coupled with what has so far been a solid earnings season, has reduced the valuations of S&P 500 companies to near historical averages. David Kelly, chief global market strategist at jpmorgan Asset Management, said th

Fed resolution outlook: "hawkish pause", reserve rate hike option

The Fed will release its latest decision on interest rates and is expected to once again leave rates unchanged at a 22-year high, while possibly raising them again as early as December if economic growth remains resilient.Fed Chairman Jerome Powell has sa

Bitcoin (BTC) Technical Outlook – Chart Suggests Higher Prices are Likely

Due to a series of positive fundamental driving factors, we have been optimistic about Tecoin in the past few weeks. The main driving factor is the growing "when not if" decision on spot Bitcoin ETFs, with numerous heavyweight companies includin

The overnight 3% drop in oil prices took back all the gains since the Palestinian Israeli conflict! Is the situation in Gaza controllable?

Due to the lack of further escalation of the conflict between Israel and Hamas, traders have lowered their expectations for a conflict risk premium, resulting in a significant drop in crude oil prices. Previously, this conflict had sparked concerns that o