Binance Is Trying to Calm Investors, but Its Finances Remain a Mystery
The crypto exchange has begun releasing data to shore up investor confidence following the collapse of FTX.
Coinbase CEO Says Regulation Could Boost USD Coin Usage
The stablecoin is in a heated battle with tether for market share as recent crypto woes erode trust.
Sam Bankman-Fried Set to Testify to Congress About FTX Collapse
FTX founder Sam Bankman-Fried said that he would testify next week before Congress, setting up a high-profile exchange with lawmakers.
U.K. Loosens Banking Regulation
Changes seek to improve the competitiveness of the city of London and help the sluggish economy.
Fidelity International Wins China Mutual-Fund License
The asset manager follows BlackRock and Neuberger Berman in getting Chinese regulatory approval to manage money for individual investors.
Alarms Rose Over Possible Destabilization of Tether
'Stop trying to depeg stablecoins,' FTX founder Sam Bankman-Fried was told.
Banks Should Be Wary of Crypto, Top U.S. Regulator Says
The Office of the Comptroller of the Currency urged caution in a report citing recent "stresses and surprises."
Credit Suisse Completes $2.4 Billion Capital Raise
Credit Suisse Group said that it completed its latest rights offering and had put into action around 80% of the cost cuts it planned for 2023.
SEC Asks Public Companies for More Information About Crypto Exposure
Request follows the collapse of trading platform FTX and its affiliates
Financial Services Roundup: Market Talk
Find insight on regulatory changes at Canada's biggest banks, K3 Capital's takeover proposal from Sun Capital Partners and more in the latest Market Talks covering the Financial Services sector.
(END) Dow Jones Newswires
12-12-22 0015ET
