Bank Leumi Set to Become First-Ever Israeli Bank to Offer Crypto Trading Services
Israel’s second-largest bank, Bank Leumi, become the first Israeli bank to allow crypto trading after partnering with Paxos, according to a report by Reuters on Thursday. Bank Leumi stated that...
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Portsmouth Welcomes Crypto Payments to City
The Portsmouth City government has started to accept cryptocurrency payments through financial giant PayPal Holdings Inc., according to a local news report. Seacoastonline said Mayor Deaglan McEachern has pushed for...
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Apple Buys UK Financial Health Startup Credit Kudos
Apple Inc has bought British fintech start-up Credit Kudos, continuing its expansion into payments technology, according to a report by CNBC on Wednesday. Credit Kudos allows businesses to evaluate loan...
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Cowen Inc. Ventures Into Cryptocurrency Trading Through New Digital Unit
Investment bank Cowen Inc. has entered cryptocurrency trading through its new digital unit, the company announced in a statement. Dubbed as Cowen Digital, the unit will offer institutional investors —...
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Florida Businesses Should Pay Taxes with Cryptocurrencies, Says Governor DeSantis
Florida Governor Ron DeSantis announces plans to enable companies to pay taxes in cryptocurrencies, according to a report by ABC Action News on Tuesday. DeSantis’s statements came during the signing...
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Holding a Diversified Portfolio of Cryptocurrencies not Worthwhile, Says Fed Study
Diversification of digital tokens in the nearly $2 trillion cryptocurrency market might not be worthwhile, according to a report by Bloomberg on Tuesday. A study published by the Federal Reserve...
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Robinhood Launches New Debit Card Allowing Customers to Invest in Stocks and Crypto
Robinhood Markets Inc unveils a new debit card that would allow spare change investing as it seeks to expand into consumer finance, according to a report by Reuters on Tuesday....
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Value Stocks Ranked as Top Inflation Hedge, Survey Reveals
Value stocks are the top preferred inflation hedge, according to the results of a recent survey released by Bloomberg. Some 35% of survey respondents picked value stocks as their top...
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Tencent Music Posts Lower Earnings in 2021
Tencent Music Entertainment Group posted lower earnings in the last quarter of 2021 to bring the full-year profits lower, the company announced in a filing. The company’s net profit fell...
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London Stock Exchange to Sell BETA+ to Clearlake and Motive in $1.1-B Deal
The London Stock Exchange Group is set to let go of its wealth management operations under BETA+ in a $1.1-billion deal, according to a Reuters report. The exchange will sell...
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Goldman Sachs Completes Its First-Ever OTC Crypto Options Trade with Galaxy Digital
Kiev, Ukraine, April 8, 2021. In this photo illustration, a Goldman Sachs Group, Inc. logo seen displayed on a smartphone with the stock market information of Goldman Sachs Group, Inc....
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China’s Pinduoduo Posts Lower-Than-Anticipated Q4’s Revenues
Chinese e-commerce giant Pinduoduo Inc reported quarterly revenue that missed Wall Street projections, according to a press release by Pinduoduo Inc on Monday. The total revenue of the company was...
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