Investors

Investors

SEC Chair Gensler says agency is planning greater oversight of crypto markets to protect investors

Securities and Exchange Commission Chair Gary Gensler said on Monday that his agency is aiming to exercise greater regulatory oversight of the $2 trillion cryptocurrency market to protect investors from an onslaught of scams. In a speech delivered virtually, Gensler said the SEC plans to register and ...Read More

Credit Suisse faces US probe after telling investors to ‘destroy documents’ linked to oligarch yacht loans

The House Oversight Committee launched a probe Monday into Credit Suisse, demanding documents linked to the bank’s compliance with sanctions on Russian oligarchs. In a letter to Credit Suisse CEO Thomas Gottstein, US lawmakers asked the bank to turn over information and documents about a portfolio ...Read More

Binance, led by the world’s richest crypto billionaire, is taking a $200 million stake in Forbes

Binance, the world’s biggest cryptocurrency exchange, is making a $200 million strategic investment in Forbes, the 104-year-old magazine and digital publisher, CNBC has learned. The funds will help Forbes execute on its plan to merge with a publicly traded special purpose acquisition company, or SPAC, in the ...Read More