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Chinese Startups’ SPAC Listings Increase As Weighty Offshore IPO Regulations Loom
Chinese companies are increasingly turning to Hong Kong as a platform for listing on the Shanghai Stock Exchange. The so-called “SPAC Listings” have become one
EU Parliament Votes against Proposal to ban Proof-of-Work Mechanism
The European Union voted against a proposal to ban cryptocurrencies and blockchain technology, in an effort to protect Europe’s status as one of the world’s
USDCHF Price Breaks Up $0.92 Resistance Level, Aiming at January High
USDCHF broke through $0.92 resistance level on the hourly chart and is currently trading at a fresh all-time high of $1.0076, according to Coinmarketcap data
HSBC To Shut 69 Branches
HSBC is shutting down 69 branches across the United Kingdom, citing a decline in revenue. The closures could affect thousands of people who bank at
Thailand Exempts 7% Crypto Tax For Traders Operating On Authorized Exchanges
Thailand has passed a law that exempts trading on authorized crypto exchanges from the 7% tax. This was an effort to attract more investment and
UK FCA Warns Bifinity Over Its Alliance With EQONEX
The UK Financial Conduct Authority has issued a warning to Bifinity, the company behind cryptocurrency debit card provider Clipperz. The FCA is concerned that customers
ESMA Points Out Deficiencies In CySEC’s Cross-Border Supervision
ESMA released a report on cross-border supervision and found that CySEC has specifically failed to monitor foreign entities adequately. The regulator is still operating according
ZEC/USD Marks Another Drop as Price Hovers Around $148
The cryptocurrency market is still in flux, with many coins down by double digits. ZCash has not been spared from the dip as the price
MasterCard Enhances BNPL Partner Network
BNPL is a partner network of companies that offer the opportunity for MasterCard to provide solutions and services in more than 110 countries. This includes
