Wall Street Watchdog Cautions Banks on Trading Crypto Derivatives – CoinDesk
The Basel Committee on Banking Supervision is already looking into the capital treatment for such crypto-related exposures at banks. Whatever that global standard-setter decides will influence the decisions made by its member governments, including the U.S.
Stock market news live updates: Stocks extend losses to cap worst quarter in 2 years – Yahoo Finance
Stocks fell Thursday to close out a turbulent quarter in the red as investors weighed a decision by President Joe Biden to carry out the largest oil release ever from the country’s strategic petroleum reserve in an effort to mitigate spiking energy prices. The S&P 500 tumbled 1.6%, and the Dow Jones Industrial Average erased […]