Didi spurned Chinese regulators, who wanted to delay its U.S. IPO

Didi spurned Chinese regulators, who wanted to delay its U.S. IPO

2021-07-05

  Weeks before Didi Global Inc. went public in the U.S., China’s cybersecurity watchdog suggested the Chinese ride-hailing giant delay its initial public offering and urged it to conduct a thorough self-examination of its network security, according to people with knowledge of the matter. But for Didi DIDI, -5.30%, waiting would be problematic.Read More →

US Regulators Have Double Standards When It Comes to Bitcoin

2020-06-06

Bitcoin (BTC) exchange-traded funds, or ETFs, have faced unfair pushback from U.S. regulators, according to VanEck director and digital asset specialist Gabor Gurbacs.  “There’s a persistent double standard against Bitcoin and digital assets, which I think is wrong,” Gurbacs told host Max Keiser on a recent episode of the KeiserRead More →

US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country via Machines

2020-06-03

Bitcoin automated teller machines (BATMs) will become the next target for regulators, as world governments tighten screws on money laundering. According to Ciphertrace CTO John Jeffries, crypto-cash machines will attract “greater…regulatory focus” in a bid to rein-in alleged cross-border illicit financial transfers. Jeffries urged “the need for more uniform regulatoryRead More →

Regulators should allow RTL and ProSieben to merge

2020-02-16

© Reuters. Regulators should allow RTL and ProSieben to merge – Rabe By Douglas Busvine BERLIN (Reuters) – The head of publisher Bertelsmann (F:) said its TV arm RTL (DE:) should be allowed to merge with German rival ProSiebenSat.1 (DE:), to give them a fighting chance against U.S. streaming giants.Read More →

China regulators approve more STAR Market funds

2019-12-14

© Reuters. China regulators approve more STAR Market funds – Shanghai Securities News SHANGHAI (Reuters) – Chinese regulators have recently approved four funds focused on China’s new Nasdaq-style STAR Market, the official Shanghai Securities News reported on Saturday, as fund managers seek to capitalize on China’s push to nurture home-grownRead More →