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Asian banks’ trials with ‘tokenised securities’ stuck in silos

Asian banks’ trials with ‘tokenised securities’ stuck in silos

© Reuters. The financial district is seen shrouded by haze in Singapore September 18, 2019. REUTERS/Feline Lim/Files By Alun John HONG KONG (Reuters) – Asian financial regulators should do more to support large-scale trials of “tokenised securities”, an industry body said on Thursday, since banks and technology firms’ current experiments are stuck in different silos,…

Yellen warns Congress of ‘unthinkable’ U.S. default risk without debt limit hike

Yellen warns Congress of ‘unthinkable’ U.S. default risk without debt limit hike

© Reuters. U.S. Treasury Secretary Janet Yellen testifies before the Senate Appropriations Subcommittee on Financial Services about the FY22 Treasury budget request on Capitol Hill, in Washington, DC, U.S., June 23, 2021. Shawn Thew/Pool via REUTERS By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Wednesday warned Congress that the United States risks…

Fed officials say ‘temporary’ inflation surge may last longer than thought

Fed officials say ‘temporary’ inflation surge may last longer than thought

© Reuters. FILE PHOTO: Federal Reserve Board building is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis By Howard Schneider WASHINGTON (Reuters) -A period of high inflation in the United States may last longer than anticipated, two U.S. Federal Reserve officials said on Wednesday, prompting one to pull forward his views on when the…

Bitcoin’s Biggest Corporate Backer Invests Another $500 Million As Crypto Prices Crash

Bitcoin’s Biggest Corporate Backer Invests Another $500 Million As Crypto Prices Crash

Share to FacebookShare to TwitterShare to LinkedinTopline Two weeks after announcing a debt offering to fund the investment, business analytics firm MicroStrategy, which owns more bitcoin than any other corporation in the world, has spent nearly $500 million to acquire more of the world’s largest cryptocurrency—taking advantage of crashing prices Monday morning despite warning of…

the street news image

Aircall, Now Valued Above $1bn, Raises $120M In Series D Funding, Led By Goldman Sachs Asset Management

NEW YORK, June 23, 2021 /PRNewswire/ — Aircall, a cloud-based voice platform helping companies across the globe manage millions of customer support and sales calls every day, today announced it has raised $120 million in a Series D funding round, bringing the company’s total valuation to more than $1 billion. The funding round was led…