CEO Financial News
07.07 / 23:21
07.07 / 19:45
07.07 / 18:13
CEO
Haynes
Boris chaos casts doubt on post-Brexit finance rules: ‘There is concern now’
Prime Minister Boris Johnson's shock resignation amid a flurry of departures from his cabinet has thrown into doubt the future for the UK’s major post-Brexit financial legislation.
07.07 / 16:35
cryptocurrency
CEO
Platform
crypto-exchanges
Indian
Lost
Indian cryptocurrency exchanges lost over 75% monthly trading volumes in last six months
In the first six months of 2022, top crypto exchanges such as WazirX, CoinDCX, Bitbns and Zebpay, among others, lost more than 70-75 percent of their trading volumes on a monthly average basis. Following the July 1 implementation of the 1 percent TDS (tax deducted at source) on virtual digital assets (VDAs) that was announced in the budget, the situation has only worsened.
07.07 / 09:31
Provident
CEO
Platform
Hess
DeFi Leaders Gather at SCB 10X Virtual Summit Post Crypto Apocalypse
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
07.07 / 03:59
Provident
Digital
CEO
Strategy
regulatory
CoinShares gets its latest regulatory nod, paving the way for…
Digital asset investment company CoinShares announced on Tuesday that it has completed the acquisition of a cryptocurrency business, subject to EU regulations. This step is likely to pave the way for the company to expand its regional sales of goods and services.
06.07 / 16:09
BTC
CEO
Platform
Arrow
Crypto brokerage Voyager files for bankruptcy protection
The company suffered a blow when Three Arrows Capital went bust last week, defaulting on a loan of 15,250 BTC and $350 million USDC.
05.07 / 21:07
UPS
Waves
CEO
Deal
EToro's Spac deal falls through
At the time, eToro was one of a wave of fintech firms looking to public via Spacs but the technique has seen its popularity take a dive thanks, in part, to regulatory changes.Betsy Cohen, chairman of FinTech V says the "transaction has been rendered impracticable due to circumstances outside of either party’s control".Founded in 2007 as a "social investment network" with the aim of opening up capital markets to the masses, eToro lets users trade a host of assets, from fractional equities to crypto.
05.07 / 20:57
CEO
Exodus
India: The full scope of what’s actually in store for exchanges after 1%TDS
The 30% crypto income tax policy came into effect in India in February 2022. The country’s finance minister Nirmala Sitharaman described the tax law as another step toward positive crypto regulations. However, local investors didn’t see eye-to-eye nor showed the same enthusiasm. Many investors/traders censured this move.
05.07 / 14:41
Twitter
CEO
Exchange
Crypto.com
Crypto.com CEO Rushes to Calm the Market as Rumors Flourish
The CEO of the crypto trading and payments platform Crypto.com (CRO), Kris Marszalek, took to Twitter today to calm down his platform's users.
05.07 / 02:49
Digital
CEO
Platform
BaaS startup BKN301 raises EUR15m
Launched last year, BKN301, through its BaaS and digital e-money platform model, enables third parties to offer financial, payment, and token issuance services. The company is focusing on the fast-growing markets of Africa, the Middle East, and Eastern Europe.Stiven Muccioli, CEO, BKN301, says: "Closing this new round based on the support of highly-experienced investors confirms the validity of our project, which has always focused on fast-growing markets.
04.07 / 19:55
CEO
Platform
Arrow
services
The how, what, and why of Vauld suspending its services citing ‘challenges’
In light of the crypto-market’s recent fortunes, popular lending platform Vauld has halted trading, deposits, and withdrawals. The company’s management disclosed that it is “suffering financial issues” ina blog post on its website. Released a few hours ago, a statement from Vauld CEO Darshan Bathija claimed,
04.07 / 16:33
Digital
CEO
Action
Bitcoin
How into crypto are U.S millennials these days? Survey says…
A report by investing firm Alto has found that 40% of American millennials (those between the ages of 2 and 41) possess cryptocurrencies. A roughly similar percentage of respondents, according to the study, own individual stocks. The study observed that a lot of U.S millennials who used mutual funds had some of their wealth invested in cryptocurrencies.
04.07 / 15:41
Provident
Twitter
Waters
CEO
Will USDC collapse? Assessing if the claims hold water
A few weeks have passed ever since the Terra UST stablecoin crash. The incident seems to have triggered more concerns about stablecoins and USDC has found itself in the spotlight.
04.07 / 10:01
CEO
Ex-KPMG boss Mary O’Connor joins insurer Howden to run new capital advisory business
Former interim chief executive at KPMG UK Mary O’Connor has joined insurance broker Howden to lead its new capital advisory business.
03.07 / 21:43
CEO
Six people killed in huge ice avalanche in northern Italy
At least six people were killed and eight others injured when a chunk of glacier ice broke loose and slid down a mountainside in northeastern Italy on Sunday.
03.07 / 21:43
CEO
War
Ukraine war: Five important developments to know for Sunday
1. Russian forces claim control of Lysychansk
01.07 / 23:43
01.07 / 14:53
Provident
Digital
CEO
Landmark
EU reaches agreement on landmark MiCA regulation for crypto
Under the agreement, regulatory framework will protect investors and consumers, while ensuring financial stability and enabling innovation and growth. The regulations will help protect consumers from fraud and scams, as crypto-asset service providers will be liable if they lose assets and fail to protect investors’ wallets. The European Banking Authority (EBA) will form a public register of non-compliant crypto-asset providers.
01.07 / 02:05
CEO
Matthews
Jupiter’s CEO choice draws criticism from former board member
Jupiter's decision to appoint Matthew Beesley as its next chief executive is unlikely to “fix” the problem of its plummeting share price, former board member Jon Little has said.
01.07 / 00:19
BLOCK
CEO
reports
Deal
FTX closes in on $25m cut-price deal for BlockFi - reports
An agreement could be signed by the end of the quarter on Friday, says CNBC, citing sources. In a tweet, BlockFi CEO Zac Prince, disputed the $25 million price tag:
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