Finance and Business News

Finance and Business News: Latest Updates and Analysis

Stay up-to-date on the latest financial and business developments with our Finance and Business News category. We cover the most popular news related to traditional finance, cryptocurrency, and blockchain technology, as well as insights into global markets, corporate earnings, and business trends. Our comprehensive coverage features analysis, expert opinions, and real-time updates to help you stay informed and make informed investment decisions. From the latest regulatory changes to the impact of global events on financial markets, our Finance and Business News category provides you with the information you need to succeed in the fast-paced world of finance and business.

Bitcoin and blockchain technology is quickly spreading across all industries with special interest by financial firms in emerging technology. A recent report shows close to half of all professionals in the financial professionals and industry believe Bitcoin (BTC) will outperform the S&P 500 in the next year. Furthermore, traditional finance professionals say illicit activities and […]

Uber Stock has released reports for its third quarter which, unsurprisingly, still records significant losses. Apart from the popularity of its ride-hailing services, Uber is also very well-known as a market player all over the world and especially in the finance sphere for its continuous and rising loss over the years. Recently the company announced […]

Malta-based Exchange Binance is looking to open an office in Beijing city of China. Binance originally started out in china but later moved its operations to Malta because of strict regulatory issues. Recently, Chinese President Xi Jinping endorsed blockchain technology in his speech as he urged the country to take the lead role in the […]

U.S-based stock and crypto investing app, Robinhood BitLicense holder, is on an expansion spree. According to its latest announcement, the platform is all set to expand its crypto-trading services to the U.S states of Delaware, Kentucky, Louisiana, Maine, Maryland, Minnesota, Nebraska, and Vermont. The company was in the news yesterday after it announced the recruitment […]

Charles Schwab Brokerage, a San Francisco-based bank and stock brokerage company, has announced they will allow their clients to buy and sell fractions of stocks. The initiative aims at attracting the interest of young investors to Charles Schwab and makes it the first online brokerage that offers its customers such an opportunity. The announcement follows […]

Leaks within the Bank of Canada show officials are considering the development of a national cryptocurrency. As such, with interest in central bank digital currencies (CBDCs) on the rise, could it threaten bitcoin? Bank of Canada National Cryptocurrency Mike Eppel, Senior Business Editor at 680 News, has revealed that Canada’s central bank is considering the […]

CME Group, the Chicago-based exchange operator, said its bitcoin futures contracts grew in popularity from big investors last quarter, with the number of open contracts up 61 percent from a year earlier because of growing demand from institutional investors. Open interest, or the number of outstanding positions, rose to 4,629 contracts, up from 2,873 in […]

Grayscale Investments, New York-based digital asset management fund has received regulatory approval to publicly quote the shares of its diversified cryptocurrency fund. Grayscale Investments First publicly-quoted diversified crypto fund Grayscale Investments was approved by the United States Financial Industry Regulatory Authority (FINRA) to publicly quote its Grayscale Digital Large Cap Fund (GDLCF) on over-the-counter (OTC) […]

A 150-year-old English church is being sold for $1.5 million with the vendor accepting payment in Bitcoin (BTC). Real Estate Bitcoin Market Real Estate Vendor is willing to receive payment in Bitcoin According to a listing on Rightmove, a major British online real estate portal and property website, a vendor put an 18th-century church converted […]

The world’s biggest economies are assessing stablecoins as a potential risk to the global financial system, according to a statement from the Financial Stability Board (FSB). In a letter to G20 finance ministers and central bank governors on Sunday, the FSB’s chair Randal Quarles said the G7 working group is delivering an assessment report on […]

Three U.S. financial regulators on Friday issued a warning to firms with registered digital assets that they have an obligation to follow securities laws prohibiting money laundering and requiring disclosure of suspicious activity. The notice, from the U.S. Securities and Exchange Commission, Commodity Futures Trading Commission and the Financial Crimes Enforcement Network, seeks to clarify […]

The US Federal Reserve announced that it would begin buying $60 billion of treasury bills per month to improve its control over the interest rate. Federal Reserve called these actions purely technical to support the effective implementation of the interest-rate policy. FED also emphasized that this does represent a change in its monetary stance. The […]

Over the last few weeks, the U.S. Federal Reserve has enacted policies that will have critical repercussions for the economy and Market Manipulations. These maneuvers cast a spotlight on the role of central and private banks, and provide an opportunity to think about how decentralized technologies can restore fairness to U.S. consumers. On September 18th, […]

Coinbase Custody now allows Maker (MKR) holders to participate in the project’s governance without withdrawing their funds. The announcement comes from a Coinbase blog post published on Oct. 11. By implementing the governance feature, Coinbase Custody enables MKR holders to participate in on-chain governance directly on the platform, avoiding the need to withdraw their funds […]

Over the past five years as the global economy has continued to recover from the Great Recession, shares of the British lender Barclays (BCS) have plummeted over 40%. “Oh, it’s undervalued,” Barclays CEO Jes Staley said of his bank’s stock price. “I’m happy to say that.” On Thursday, Staley told Andy Serwer at the All […]

Bitwise Asset Management and NYSE Arca have confirmed they will refile their application for a Bitcoin ETF ( exchange-traded fund ) after United States regulators rejected it. Bitwise Bitcoin ETF: We intend to refile According to a news release published on Oct. 9, the companies said that while the U.S. Securities and Exchange Commission (SEC) […]

The United States’ second-largest bank appears to have hired a specialist for the implementation of blockchain-based payment network Ripple. Bank seeks Ripple Specialist team lead According to a job description on professional social network LinkedIn, as of Oct. 10, Bank of America (BoA) had stopped accepting applications for what it calls a “treasury product manager” […]

The Bank of England has finalized a set of principles the Facebook-led Libra cryptocurrency project must adopt before going live in the UK. Calling the payment network a potentially “systemically important payment system,” the BoE’s Financial Policy Committee released the Bank of England October Financial Policy and Summary report this week. “The FPC judges that […]

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