• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
According to Politico, the White House will hold a conference call with U.S. oil executives on Thursday.1. The three major U.S. stock indexes closed mixed. The Dow Jones Industrial Average fell 0.15% to 48,463.72 points, the S&P 500 rose 0.8% to 7,022.95 points, and the Nasdaq Composite rose 1.59% to 24,016.02 points, marking its eleventh consecutive day of gains. The S&P 500 and Nasdaq both hit new closing highs. Caterpillar fell more than 3%, Merck fell more than 1%, leading the decline in the Dow. Allbirds surged more than 582%, triggering the circuit breaker mechanism multiple times during the session. The company announced a complete transformation, shifting from footwear manufacturing to AI computing infrastructure services. The Wind U.S. Tech Giants Index rose 2.22%, Tesla rose more than 7%, and Microsoft rose more than 4%. The Nasdaq China Golden Dragon Index rose 0.75%, Pony.ai rose nearly 8%, and Zai Lab rose nearly 6%. 2. European stock indices closed mixed. The German DAX index rose 0.09% to 24,066.7 points, the French CAC40 index fell 0.64% to 8,274.57 points, and the UK FTSE 100 index fell 0.47% to 10,559.58 points. 3. International precious metals futures generally closed lower. COMEX gold futures fell 0.75% to $4,813.90 per ounce, and COMEX silver futures fell 0.53% to $79.11 per ounce. 4. The WTI crude oil futures contract rose 0.12% to $91.39 per barrel; the Brent crude oil futures contract rose 0.08% to $94.87 per barrel. 5. Most London base metals rose, with LME zinc up 1.72% to $3,400.0/ton, LME aluminum up 1.71% to $3,624.0/ton, LME lead up 1.63% to $1,966.5/ton, LME nickel up 0.08% to $18,220.0/ton, LME copper down 0.06% to $13,276.0/ton, and LME tin down 1.65% to $49,500.0/ton.Japanese Finance Minister Satsuki Katayama: Regarding the exchange rate issue, we have agreed to further strengthen communication with US Treasury Secretary Bessenter.Market news: Faraday Future has revised its $10 million equity investment agreement, increasing the investment amount to $12 million. The revision removes the anti-dilution clause, aiming to strengthen the protection of existing shareholders interests.Ukraines Deputy Minister of Economy: The US-Ukraine Joint Reconstruction Fund is expected to approve a second project this summer, potentially involving the energy sector. A third joint reconstruction fund project will be announced later this year.

Crypto.com, Trade Republic register for crypto services in Italy

Jimmy Khan

Jul 20, 2022 14:44

微信截图_20220720143757.png


Singapore-based Following in the footsteps of competitors like Binance and Coinbase, Crypto.com and German investment platform Trade Republic announced on Tuesday that they have registered as cryptocurrency operators in Italy.


In an effort to safeguard investors, Italy's economy ministry joined forces with brokerage regulator Organismo degli Agenti e dei Mediatori (OAM) in February to establish a special registry that would list all cryptocurrency operators with a stable presence in the nation as long as they complied with certain criteria.


Financial watchdogs from across the globe are debating how to control the fragmented crypto sector. Consumer protection, dangers to financial stability, and unauthorized use of digital currency are among the top topics on regulators' agendas.


Crypto.com co-founder and CEO Kris Marszalek stated, "We are thrilled to obtain this registration in Italy and consider it as a huge step forward for Crypto.com." Crypto.com has 50 million members globally.


We will keep cooperating with authorities because we are dedicated to fostering long-lasting development in the area, he added.


The registration of Crypto.com in Italy comes after its entry into the Greek market.


Recently, Trade Republic introduced cryptocurrency services in Spain.


It also provides investments in shares, derivatives, and exchange-traded funds and is approved by Italy's market regulator Consob.


One of the largest cryptocurrency exchanges, Binance, established its Italian branch in May.


American cryptocurrency exchange Coinbase Global said on Monday that it has satisfied the conditions to be listed on the OAM register and serve Italian consumers.


OAM monitors Italian credit brokers and financial agents and enforces anti-money laundering regulations.