Fresh Today

Fresh Today

BEIJING—China's Internet Financial Association, the China Banking Association and the China Securities Association want to "resolutely curb" the tendencies of non-fungible tokens (NFTs) to be made into financial products and securitized and to limit the risk of illegal financial activities related to the tokens, the group said in a statement.

LONDON–The new sheriffs in town looking to tame what’s being described as the “Wild West” of finance—the cryptocurrency space—are, ironically, primarily in Europe, and many crypto-company leaders are none-too-happy with the new lawmen, according to a new report.

WASHINGTON—All 19 credit-union backed candidates have won their primary races in this week’s elections in Ohio and Indiana, according to CUNA. The candidates had financial support from the respective state leagues as well as the Credit Union Legislative Action Council (CULAC), CUNA’s federal political action committee.