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TP ICAP launches crypt ETPs

Highlights:

TP ICAP has already executed the first trade with Wall Street heavyweight Goldman Sachs.

The world's renowned inter-dealer broker has launched a range of crypto-exchange related products for its European clients with fresh digit...

Pantera’s Bitcoin Feeder Fund touches a $63.7 million funding

An American hedge fund, Pantera Capital that manages more than $6.4 billion in its blockchain-related assets, today has now accumulated funds around $63.7 million 153 investors for its Bitcoin Feeder Fund.

Pantera Capital was founded in the year 2003, CFO Dan Morehead (By former Tiger m...

Brazilian Ministry Conducts New Auction for Unsold 5G Spectrum

Fábio Faria, Brazilian Communications Minister has informed that the government will be scheduling a new 5G spectrum auction. This is being carried out to sell the 26GHz frequency batches that did not attract interest.

Highlights

Brazilian Commu...

Iran urges US to unlock US$10 billion frozen assets

Highlights

Iran's foreign minister urges US to unlock US$10 billion frozen assets
Amir-Abdollahian addressed the issue with Chung Eui-yong

Hossein Amir-Abdollahian has asked the United States to unlock US$10 billion of Tehran'...

Ukraine attempts to make cryptocurrency market transparent, passes bill to legalize cryptocurrency

Highlights

Ukraine passes bill to legalize cryptocurrency
The virtual assets in the country are estimated to be around $37,000

On September 8, the parliament in Ukraine legalized cryptocurrency. The parliament passed a law legalizing...

CHINA'S FUTURES MARKET ROSE IN APRIL; TRUST ASSETS SHRANK IN Q1

Highlights –

China's futures market rose in April; trust assets shrank in Q1.
Net profits and operating revenue posted double-digit growth in April.
China’s total trust assets reached 20.38 trillion yuan at the end of the fi...

BOJ’S TOTAL ASSESTS IN FISCAL 2020 ROSE TO $6.5 TRILLION

Highlights –

BOJ’s total assets in fiscal 2020 rose to $6.5 trillion.
Japanese government bonds were purchased massively as part of the ultraloose monetary policy.
The total assets rose 604.48 trillion yen from the previous year...

INDIA'S FOREX RESERVES RISE TO USD 589.465 BILLION

HIGHLIGHTS

India's Forex Reserves have risen to US $ 589.465 billion.
FCA of India have also increased.
In the same period, the Gold Reserves of India also increased.

India's foreign exchange (Forex) reserves have ...

YES BANK WANTS TO BUY CITIBANK INDIA'S RETAIL ASSETS

HIGHLIGHTS

Yes Bank is interested in buying retail assets of Citibank India.
The India business of Citibank included credit card service, retail banking, mortgages, and wealth management.
Citibank India also had a presence in the distributi...

CAPITAL GAINS FROM CRYPTOCURRENCIES WILL NOW BE TAXABLE IN S. KOREA

Highlights –

Capital gains from cryptocurrencies will now be taxable in S. Korea.
The government plans to impose a 20 percent tax on capital gains of virtual assets from 2022.
Stock and bonds investors will have to pay taxes on capita...

HOUSEHOLD ASSETS IN JAPAN ROSE BY 2.8 PERCENT AT THE END OF DECEMBER

Highlights –

Household assets in Japan rose by 2.8 percent at end of December.
Japanese households’ cash and deposits rose by 4.8 percent.
The household assets held in securities were up 0.7 percent at 198 trillion yen.