Bahamas Regulators Ordered FTX To Safeguard Its Crypto Assets
Peter FrancoThe Securities Commission of the Bahamas gave FTX Digital Markets Ltd. (FDM) a directive, the commission said on Thursday. The directive instructed FDM to store its digital assets in a…
Genesis Crypto Brokerage Stops Accepting Withdrawals from Its Lending Arm
Redeeming loans and making new ones have both been put on hold by Genesis' lending firm. This occurred due to "abnormal withdrawal demands" after FTX's demise. Derar Islim now serves…
European Stock Futures Optimistic Amid a Deluge of Economic Data
At 2:00 ET, the German DAX futures contract traded 0.2% higher (07:00 GMT). However, the French CAC 40 futures contract also saw a 0.6% increase in trading. In the UK,…
Hunt Announces “Austerity 2.0,” Putting Pressure on The U.K. Markets
Jeremy Hunt serves as Chancellor of the Exchequer. This weekend, the BBC aired interviews with Hunt in which he claimed that people's tax bills would go up across board. However,…