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NEW YORK:Online brokerage Robinhood said on Thursday that 9.5 million users traded cryptocurrency on its platform during the first quarter of 2021, a near six-fold rise from the previous quarter.
HANOI: The Ministry of Finance is studying the legal framework for managing cryptocurrencies on stock exchanges which would pave the way for legal cryptocurrency transactions in Vietnam.
India and China come down hard due to concerns of financial market stability, illegal fundraising
THE idea that much of today’s cash use will shift to digital tokens is neither faddish nor outlandish, as long as you don’t start equating the future of money with bitcoin.
BEIJING: China has joined a multilateral central bank digital currency project in Asia for real-time cross-border transactions like cross-border fund transfers, international trade settlements and capital market transactions, amid renewed global efforts to promote the use of digitalised legal tenders.
IF central bank digital cash is to rapidly replace banknotes, a shadow economy worth trillions of dollars may creep deeper into the darkness.
KUALA LUMPUR: The Securities Commission has added more unauthorised websites, investment products and companies to its alert list among which are Red Fort Capital, Syarikat Future Pelaburan, SAMKoin and Xeraya-Capital.
IN A quiet week by 2021 standards, the speculative excesses that have defined this bull market hit new records with little fanfare.