India-based Newgen Software has partnered with UK-based Finastra to augment loan origination and integrate lending solutions with the latter’s LaserPro platform. The integration driven by APIs streamlines the generation of loan documents, encompassing diverse consumer collaterals. Additionally, it reduces manual workload by removing the necessity for data mapping and ensures data validation
Hong Kong is set to develop a more flexible regime for cryptocurrency exchange-traded funds (ETFs), even though the US leads in both approval speed and market size, experts said. A key difference between Hong Kong’s proposed rules for spot cryptocurrency ETFs and products approved in the US is that Hong Kong will allow both cash
New York District Judge Katherine Polk Failla probed Coinbase in court on Wednesday about whether tokens listed on its exchange were securities Coinbase was sued by the Securities and Exchange Commission in June for allegedly operating as an unregistered exchange, broker and clearing agency. Coinbase has pushed back on those claims, arguing for the case
Bitcoin and other cryptocurrencies wavered Friday as volatile trading continued in the aftermath of the Securities and Exchange Commission’s approval of the first spot Bitcoin exchange-traded funds. The price of Bitcoin has shed 1% over the past 24 hours to $45,950, having notched gains in this period as high as near $48,600—around its best levels
Cryptocurrencies saw volatile trading Wednesday as traders awaited a decision from the Securities and Exchange Commission on whether to approve spot Bitcoin exchange-traded funds. Digital assets have been buoyed for months by ETF approval hopes, with anticipation reaching fever pitch after the agency’s social media account was breached on Tuesday and falsely posted that the
The chief executive of M&G’s asset management business has urged dialogue between global watchdogs to ensure a consistent regulatory framework for fund tokenisation, after the UK government last year backed an industry-led blueprint on how funds can adopt blockchain technology. In November, the technology working group of HM Treasury’s Asset Management Taskforce — chaired by
The European aviation regulators have followed orders by the Federal Aviation Administration for the temporary grounding of many Boeing 737 MAX 9 aircraft, after a MAX 9 operated by Alaska Air lost a section of its fuselage in midair on Friday. The damaged plane was able to return to the Portland, Ore., airport, where the
Published 1 minute earlier on Coinbase said Friday that it is in the process of acquiring a MiFID-licensed entity to expand its derivatives offering in the EU. The deal is subject to regulatory approval and could close later in 2024, it said in a blog post. The name of the company, which is based in
Stock exchanges rushed to file fresh, amended 19b-4 forms for bids from asset managers including BlackRock and Fidelity for spot bitcoin exchange-traded funds, marking the latest move as issuers try and barrel toward the finish line to get the Securities and Exchange Commission’s approval. As Friday came to a close, new filings also came in for
Opinion: Is Nvidia today’s Cisco? Here’s what Ed Yardeni thinks.
“Is Nvidia today’s Cisco? It’s possible. If so, then it has a lot more upside before it crashes — if it crashes.” Is it possible that the meltup phase of the bull market (which started on Oct. 12, 2022) has begun already — having started following the correction low on Oct. 27, 2023? Yes, it