Binance Completes Registration With India's Financial Intelligence Unit Months After Being Fined
The registration was provisionally approved in May, subject to the crypto exchange paying a fine of about $2.2 million.
BitGo Reiterates Autonomy From Justin Sun, Tron as MakerDAO Decides to Dump WBTC
Critics of Sun's involvement don't understand the operational mechanics, the crypto custodian's CEO, Mike Belshe, said during an X Space discussion.
Trump’s Social Security tax break could make two fragile safety nets even weaker
Donald Trump's recent call to exempt Social Security benefits from income taxes is expected to exhaust the reserve funds for both Social Security and Medicare faster than anticipated.
Trump’s Social Security tax break could make 2 fragile safety nets even weaker
Donald Trump's recent call to exempt Social Security benefits from income taxes is expected to exhaust the reserve funds for both Social Security and Medicare faster than anticipated.
China’s health stocks tipped for rebound on valuations, Fed bets
(Bloomberg) -- A rotation into defensive shares coupled with supportive government policies is boosting the appeal of underperforming Chinese health-care stocks.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionJohannesburg Mayor Quits Amid Infighting, Financial WoesSigns of improving sentiment are emer
Bitcoin Drops to $58K After U.S. CPI Print, BTC ETFs Record $81M Outflow
Traders say bitcoin could drop to $55,000 in the near-term, but favorable Fed policies could set the stage for its next leg up.
Analysis: Summer market shock not quite over as investors brace for more turmoil
Big investors are bracing for this summer's stock market rout to run into the autumn, fearing a broader wave of selling will follow the turmoil sparked by US recession concerns and the Bank of Japan wrong-footing currency speculators. The sudden reversal of crowded equity and foreign exchange trades that generated vicious feedback loops of price drops, volatility and hedge fund selling has eased, with world stocks almost 2% higher so far this week. But asset managers overseeing hundreds of billions of dollars of investments said they were more likely to carry on selling stocks than buy back in, with signs of weakness in the U.S. jobs market and global consumer trends lowering the bar for market aftershocks.
Bavarian Nordic, Other Health Stocks Jump on Mpox Concerns
(Bloomberg) -- Shares of Danish vaccine developer Bavarian Nordic A/S jumped, while other medical product makers also rose, after the World Health Organization declared a fast-spreading mpox outbreak in Africa a global health emergency.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionJohannesburg Mayor
Coinbase Announces New Wrapped Bitcoin cbBTC on Base Network
Coinbase has announced plans to launch cbBTC, a wrapped version of Bitcoin, on its Base network