Cayman Islands Financial News

03.08 / 07:41

stocks Gold Futures bonds hedge funds Commodities Unit trusts/OEICs reports risk profile Odey AM lowers risk profile of Odey European Inc fund - reports

The fund's performance for the year is down 13.6%

01.08 / 04:15

COST UPS Booking CEO Inside Deepak Shenoy on his healthcare bet & Kotak Bank developments

Deepak Shenoy, Founder, Capital Mind, says “in the near term, Narayana Healthcare stock prices have gone up and so there may be some corrections. But longer term, it should be valued at much higher than it is as the Cayman Islands capex comes through and as some of the expansion within India also takes place. I do not believe they are too expensive.

28.07 / 16:09

UPS Provident Reuters Digital Cooper country France's watchdog questions legality of Worldcoin biometric data collection

Sam Altman's Worldcoin project and that the legality of its biometric data collection «seems questionable». Worldcoin, which launched on Monday, requires users to provide their iris scans in exchange for a digital ID and in certain countries free cryptocurrency. Its website says it has signed up 2.1 million people, mostly in a trial over the last two years.

24.07 / 17:21

IPO Provident Target Reuters CEO track Backed stake Todd Boehly-backed insurer Accelerant mulls IPO, stake sale, CEO says

By Pablo Mayo Cerqueiro, Echo Wang and David French

06.07 / 15:41

UPS BLOCK Platform Enterprise ByteDance TikTok MPs French MPs urge TikTok ban ultimatum

MPs on Thursday called on the government to ban video-sharing platform TikTok unless it clarifies its links to China, days after the government blamed social media for fuelling recent riots. A Senate commission of inquiry set up to probe TikTok's handling of data and «influence strategy» said in its final report that the firm should be given until January 1 next year to come clean or face a ban in France and possibly Europe.

05.07 / 16:51

UPS Software FDI inflows from traditional sources see a decline in FY23

₹48,895 crore, down from ₹69,945 crore registered in the previous fiscal. FDI from the US stood at ₹48,666 crore, down from ₹78,527 crore in FY22. FDI from the Netherlands declined to ₹ 19,855 crore from ₹34,442 croreand inflows from Caymen Islands declined to ₹6,069 crore from ₹28,383 crore.

04.07 / 07:41

companies Unit trusts/OEICs Odey AM Odey Asset Management eyes restructure of Odey European Inc and OEI MAC funds

Freddie Neave would remain as manager and be rehoused at the new investment manager for the funds

23.06 / 11:25

Blockchain Adoption regulation services regulatory approval regulatory Crypto.com receives regulatory approval to offer crypto services in Spain

Singapore based cryptocurrency exchange service provider Crypto.com has obtained a virtual asset service provider (VASP) registration from the Bank of Spain. The regulatory approval would allow the exchange to offer a range of crypto-focused services to customers in Spain, a country which has shown a positive crypto stance in recent times.

23.06 / 11:15

Blockchain CEO licence Crypto.com gets licence in Spain

06.06 / 19:58

business Bankruptcy FUD Gate.io threatens legal action against rumor-mongers

Centralized crypto exchange Gate.io has threatened legal action in response to rumors of imminent bankruptcy. Crypto community members have been speculating since May about a possible connection between Gate.io and the troubled cross-chain protocol Multichain.

06.06 / 01:03

Crypto Exchange Gate.io Exchange Threatens Legal Action Against Bankruptcy Rumor Spreaders

Major crypto exchange Gate.io has threatened to take legal measures against those spreading rumors of its possible bankruptcy.

22.04 / 16:07

business Gemini Derivatives Winklevoss Twins Gemini to launch derivatives platform outside the United States

United States-based crypto exchange Gemini announced on April 21 the upcoming launch of a derivatives platform outside the U.S. The move comes amid a tightening and uncertain regulatory environment for crypto firms in the country.

16.03 / 23:05

UPS Target ETF Extreme coinbase Bitcoin Cathie Wood's Ark Investment Raises $16 million for Private Crypto Funds

Cathie Wood's Ark Investment raised about $16 million for new private crypto funds, according to U.S. Securities and Exchange filings.

16.03 / 13:03

Crypto funds Cathie Wood's Ark Launches Private Crypto Fund, Raises $16.3 Million – New Bull Market Imminent?

Cathie Wood's Ark Investment has raised more than $16 million for two new private crypto funds as digital assets resume rally despite increasing regulatory pressure.

11.03 / 19:39

Twitter FIVE Cooper Platform raid Nexo probe: Four charged after raid at crypto lender’s offices in Bulgaria

The world of cryptocurrency continues to be shaken by drama and investigations, as four people have been charged with money laundering, tax crimes and computer fraud in a criminal investigation embroiling the crypto lender Nexo.

09.03 / 19:27

UPS AXY Platform Mobile Pool Infinity Meta Masters Guild P2E Gaming Token MEMAG Lists on BitMart and HitBTC March 15, Staking Will Launch on Same Day

Thursday, March 9th, 2023 – The MEMAG token of Meta Masters Guild will be listed on the BitMart and HitBTC centralized exchanges on March 15th, at the same time as the launch of its new staking service.

07.03 / 14:53

UPS ETH Provident Progressive Tether Platform Samsung CEX Crypto’s Most ESG-Friendly Project C+Charge Secures March 31st BitMart CEX Listing – Raises $2.9m and $CCHG Token is Selling Fast

Tuesday March 7th 2023 – The C+Charge (CCHG) electric vehicle (EV) charging platform has revealed its plans to make a direct listing on the BitMart exchange on March 31st.

20.02 / 06:33

UPS IPO JPMorgan Platform Shell IPOs China formalizes rules for overseas IPOs

BEIJING – China-based companies now have more clarity on whether they can list overseas in the U.S.

16.01 / 22:21

regulation lending Nexo Caribbean VASP Financial Nexo sues Cayman Islands financial regulator over VASP license

The same week that Bulgarian authorities were raiding Nexo’s offices and indicting four individuals for charges related to money laundering, the crypto lender filed suit in the Cayman Islands.

08.11 / 21:29

Blockchain Provident USDT Platform MarginX, World's First Community-Based Decentralized Exchange, Launches on Function X Blockchain

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

19.10 / 13:57

Binance Reuters CEO Strategy Binance, Reuters, and CZ- demystifying the allegation air

A new story from Reuters was released on 17 October, where it was claimed that cryptocurrency exchange Binance had not been forthcoming with regulators in the United Kingdom and the United States.

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