28 June, 2021 by The TZ Newswire Staff Comments Off on Survey finds signs of creeping caution among Chinese consumers and businesses
Survey finds signs of creeping caution among Chinese consumers and businesses
Chinese businesses pulled back on borrowing, while consumers spent less on expensive products, the China Beige Book found in its latest quarterly survey.
28 June, 2021 by The TZ Newswire Staff Comments Off on Get as many Didi shares as you can after the Chinese ride-hailing giant goes public, Jim Cramer says
Get as many Didi shares as you can after the Chinese ride-hailing giant goes public, Jim Cramer says
“If you want to speculate on a Chinese IPO, you’ve got my blessing to bet on Didi,” the “Mad Money” host said.
28 June, 2021 by The TZ Newswire Staff Comments Off on Etsy CEO bets on e-commerce growth in Brazil with $217 million Elo7 deal
Etsy CEO bets on e-commerce growth in Brazil with $217 million Elo7 deal
“The opportunity for Brazil’s e-commerce sector to grow faster than the U.S. … is very meaningful over time,” Etsy CEO Josh Silverman said of the $217M deal.
28 June, 2021 by The TZ Newswire Staff Comments Off on Binance closes its operations in Ontario (Canada)
Binance closes its operations in Ontario (Canada)
Canada has tightened crypto regulations (one among many countries to do so) . Binance under the gun again.
Binance succumbing. From the UK over the weekend:
BTC update:
28 June, 2021 by The TZ Newswire Staff Comments Off on IG Group Completes the Acquisition of Tastytrade after Regulatory Approval
IG Group Completes the Acquisition of Tastytrade after Regulatory Approval
The deal comprises $300 million in cash and the issuance of 61,000,000 new ordinary shares.
28 June, 2021 by The TZ Newswire Staff Comments Off on Jefferies’ Equity Strategist Expects Accommodating US Crypto Regulation Unlike China’s Authoritarian Model
Jefferies’ Equity Strategist Expects Accommodating US Crypto Regulation Unlike China’s Authoritarian Model
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28 June, 2021 by The TZ Newswire Staff Comments Off on ICYMI (old news) – UK bank TSB planning to stop its retail clients from buying cryptocurrencies
ICYMI (old news) – UK bank TSB planning to stop its retail clients from buying cryptocurrencies
The bank is wary of fraud in the crypto marketplace, and is concerned its too expensive to reimburse clients who are victims of crypto scams.
TSB have not announced a timeframe for placing the ban.