U.S. agency created to counter China’s New Silk Road: We don’t do ‘debt-trap financing’ – Yahoo Finance
The competition to finance infrastructure projects and expand global influence between the U.S. and China is taking on a new dimension as countries address adverse effects of climate change. The U.S. International Development Finance Corporation (DFC) has repeatedly stressed that the U.S. efforts are markedly different from China’s Belt and Road Initiative (BRI). “The DFC […]
CFTC commissioner says agency has broad enforcement authority on crypto derivatives – Cointelegraph
Dawn Stump, one of four commissioners currently serving at the Commodity Futures Trading Commission, or CFTC, has released a statement clarifying the agency’s authority with respect to digital assets. In a Monday statement, Stump said the CFTC is empowered with both regulatory and enforcement authority for commodities. She did not specifically say that digital assets were […]
Clear Protocol Targeting Decentralized Bespoke Derivatives Market Announces Completion of Seed Round – PRNewswire
SINGAPORE, Aug. 23, 2021 /PRNewswire/ — Clear protocol announces today that it has secured a seed investment from LD Capital several months back. Developed by the team at DerivStudio, Clear is a decentralized blockchain protocol for bespoke derivatives. The platform has already completed system design, pricing model research and smart contract development, and is currently […]
HKEX to launch first A-share derivatives product – The Asset
Hong Kong Exchanges and Clearing Limited (HKEX) is set to launch its first A-share derivatives product, which aims to provide international investors with a new risk management tool for their A-share portfolios under the Stock Connect scheme. The Hong Kong market operator has entered into a licence agreement with index provider MSCI to launch a futures […]
India’s finance minister summons Infosys CEO over online tax portal glitches – Reuters India
The Infosys logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren CHENNAI, Aug 22 (Reuters) – India’s Finance Minister Nirmala Sitharaman has summoned Infosys Ltd (INFY.NS) Chief Executive Salil Parekh to explain tech glitches in an online tax portal developed by the company, the country’s […]