Gary Gensler on Crypto, SPACs, and Robinhood Wall Street’s top cop wants to police new finance with old rules
Gensler is a traditionalist in the sense that he believes the laws currently governing the market, which date back to the Great...
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Beijing to break up Ant’s Alipay and force creation of separate loans app
Chinese regulators have already ordered Ant to separate from its main business the company’s two lending units — Huabei, which is similar...
Coinbase gets Wells notice from the SEC on Lend product
Coinbase was warned by the Securities and Exchange Commission against launching a product that would allow consumers to earn interest on...
Weibo bans 52 accounts, some with millions of followers, in campaign against financial misinformation on social media
Weibo said the closed user accounts represented only the first batch that the Beijing-based social media giant, with around 566m monthly...
Chinese state firms to take big stake in Ant's credit-scoring JV
The partners plan to establish a personal credit-scoring firm, said the people, adding that such a firm and ownership structure was one...
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