Tag: finance | BizAndTech Newswire

finance

$1B Crypto Plan Announced as Jiuzi Shares Spike to 55.5%
Jiuzi Holdings Inc. (NASDAQ: JZXN), a retailer and franchisor of New Energy Vehicles (NEVs) in China, saw its shares briefly surge 55.5% in premarket trading Wednesday. This happened right after the c...

Crypto Millionaires Rise 40% as Bitcoin Drives Wealth
The global number of crypto millionaires has jumped 40%, reaching 241,700. This growth coincides with a digital asset market valuation surpassing $3.3 trillion by mid-2025, according to 2025 Crypto We...

FCA closes Wellesley & Co Limited investigation
We have decided to take no further action against Wellesley & Co Limited (WCL) after our investigation found no evidence of serious misconduct. We announced the investigation into WCL in 2022 followin...

US Senate Prepares October 1 Hearing on Crypto Taxation
The US Senate Finance Committee announced that it will hold a hearing on October 1 to examine how digital assets should be taxed. Industry leaders, including Coinbase, are expected to provide testi...

Wemade’s 7-Year Blockchain Journey Culminates in Global KRW Stablecoin Push
Wonil Suh, Executive Vice President of Wemade, represents Korea’s blockchain gaming evolution. His company launched its blockchain journey seven years ago with the establishment of WEMIX, becoming o...

ETFs, RWAs, stablecoins ended traditional four-year cycle and alt seasons
The traditional four-year crypto cycle appears to be broken, as institutional adoption through exchange-traded funds, real-world asset tokenization, and stablecoin infrastructure reshapes market condi...

States Ask Court to Reject Proposed Class Action Settlement in Capital One Case
Eighteen state attorneys general filed an amicus brief Wednesday (Sept. 24) asking a court to reject a proposed class action settlement in a case against Capital One that is separate from the lawsuit ...

Cardano’s roadmap reveals $50 million liquidity push for stablecoins, DeFi and RWA
The Cardano Foundation has proposed allocating 50 million ADA (worth about $40.5 million) to a new liquidity fund to expand stablecoin adoption and DeFi activity on the network. The Foundation argued ...

Response to Government consultation on future of payment systems regulation
Responding to today’s launch of the consultation on future payment systems regulation, David Geale – FCA, Executive Director, Payments and Digital Finance and Payment Systems Regulator (PSR) Manag...

Select Chase Branches Add J.P. Morgan Private Client Experience
JPMorganChase now offers its J.P. Morgan Private Client experience in 53 Chase branches in Connecticut, New York, Florida and Texas. This experience was previously available only at 18 J.P....

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finance

February