An encounter over pints of beer in a London pub led to the formation of a group of traders called “The Cartel,” who illegally manipulated the $5.1 trillion-a-day currency market, according to a former UBS banker. Bloomberg News reports that Matt Gardiner, the U.S. government’s star witness in ...Read More

The U.S. Securities and Exchange Commission (SEC) has released an alert warning investors about false claims about the SEC and the Commodity Futures Trading Commission (CFTC) promoting investments in digital assets. Released on October 11, the regulatory agency published an alert about false claimsrelated to cryptocurrency investments. According ...Read More

NEW YORK (Reuters) – Fidelity Investments has launched a new company for its institutional clients that will trade and store digital assets such as bitcoin, the asset manager said on Monday. Fidelity Digital Asset Services LLC will electronically buy and sell cryptocurrencies on behalf ...Read More

In recent times, there has been a rash of policies and regulations that propose that the data that Indian entities handle be physically stored on servers in India, in some cases exclusively. In other cases, only a copy needs to be stored. In April ...Read More

Venture capitalists are flocking to the Big Apple, and they are bringing big cash with them. “Total venture capital investment in New York City during Q2 2018 rose dramatically from last year, up 28 percent to $2.97 billion,” a New York City Economic Development ...Read More

(Reuters) – Credit Suisse on Monday downgraded the U.S. steel sector as it expects prices to fall due to oversupply, stemming from the Trump administration’s move to slap tariffs on Chinese imports. U.S. steel prices and production have hit multi-year highs due to the ...Read More

CBS’ top HR exec under former CEO Les Moonves is getting a princely $6.1 million payout, according to an SEC filing Friday. Anthony Ambrosio, the chief human resources and chief administrative officer, who began his career at CBS in 1985, was handed his walking ...Read More