Energy 1. Kazakhstan's oil supply to Europe is progressing smoothly, according to TASS news agency, citing Kazakhstan's energy ministry. 2. The Ukrainian attack superimposed the impact of the US tariff policy. In the week ending August 24, the weekly crude oil shipments of Russian ports decreased by 320,000 barrels per day, falling to a four-week low of 2.72 million barrels per day. 3. Indian government sources: India is hopeful that the US will reconsider the decision to impose an additional 25...
The Securities Exchange Commission is seeking public comment on whether the agency should approve options trading on three spot Ethereum ETFs. The Securities Exchange Commission (SEC) sought comments on whether to allow the Cboe Exchange, Inc. to list and trade options on the Grey Release Ethereum Trust ETF, the Grey Release Ethereum Mini Trust ETF, and the Bitwise Ethereum ETF, according to a regulatory filing released Tuesday. Comments should be submitted within 21 days of publication in the F...
The European Securities and Markets Authority (ESMA) has published an exposure draft for public comment on guidelines for the assessment of staff competencies of crypto asset service providers. The guidelines aim to implement the requirements of the Crypto Asset Market Regulation Act (MiCA). According to the proposal, practitioners need to have expertise in key characteristics of cryptoassets, market operations, blockchain technology, and understand the regulatory framework and tax implications....
Citing people familiar with the matter, Bloomberg reported that crypto derivatives exchange Deribit hired a financial adviser to "review opportunities" after attracting the attention of potential acquirers. The company invited Financial Technology Partners LLC (FT Partners) to participate in the potential deal, and cryptocurrency exchange Kraken has also expressed interest in participating. Bloomberg reported that Kraken is not moving forward with the acquisition and said Deribit could be valued...
On January 10, 2025, the Ministry of Finance of the People's Republic of China's 7-year (renewal) government bond weighted win the bidding yield 1.5339%, the marginal win the bidding yield 1.5568%, and the bid multiple 3.34. The Ministry of Finance of the People's Republic of China's 2-year (renewal) government bond weighted win the bidding yield 1.1626%, the marginal win the bidding yield 1.2157%, and the bid multiple 3.79.
On December 3rd, the reporter learned from the industry on December 3rd that in order to strengthen the risk management capabilities of the securities company group, maintain the stable operation of the securities company, prevent cross-border cross-industry contagion of financial risks, and promote the high-quality development of the industry, the Securities Association of China has drafted the "Guidelines for the Management of the Consolidation of Securities Companies (Trial) " in accordance w...
The Ministry of Finance has publicly solicited opinions on the Measures for the Supervision and Administration of the Evaluation of State-owned Assets of Financial Institutions Groups.
Michael Gilroy, the former head of fintech at crypto-friendly investment firm Coatue Management, is co-founding a new venture capital firm, according to Bloomberg, citing people familiar with the matter. Gilroy is teaming up with technology investor Gokul Rajaram, a current board member of cryptocurrency exchange Coinbase, to raise up to $500 million for the firm's first fund. The two are in discussions with anchor investors about raising money, but it won't be until...
Reuters cited data from data analytics firm Ortex showing that traders shorting MicroStrategy (MSTR. O) lost more than $1.20 billion between Nov. 6 and Nov. 8, and have lost more than $6 billion so far this year. As of the close on November 8, short sellers of cryptocurrency trading platform operator Coinbase Global, crypto miner Riot Platform, MARA Holdings and Bitfarms have accumulated losses of about $1.20 billion. In addition, investors who shorted BlackRock IBIT have lost nearly $37 million...
On the 6th local time, according to NBC, citing sources familiar with the matter, Department of Justice officials have begun to evaluate how to end two federal criminal cases against President-elect Trump before he takes office, in order to comply with the policy that a sitting president cannot be indicted. According to sources, Justice Department officials believe there is not enough room to continue to file these two criminal cases against Trump, and it is pointless to continue to file cases i...