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Latest Results from /markets

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UK Government outlines plans to regulate cryptoasset industry

The UK Government has floated proposals to bring cryptoassets into the same regulatory regime as traditional financial services.

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Moody's preps stablecoin scoring system - Bloomberg

Moody's is developing a scoring system for up to 20 stablecoins, according to Bloomberg.

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Nyse trading chaos caused by failure to turn off backup system

The New York Stock Exchange experienced huge price swings and trading halts on Tuesday after a staffer at a data centre failed to properly shut down a disaster recovery system, according to Bloomberg.

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Morgan Stanley fines bankers over messaging breaches

Morgan Stanley has doled out million of dollars in fines to its own bankers for conducting business over WhatsApp, in breach of a regulatory crackdown on the use of the popular messaging app.

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Art shares exchange strikes deals with SIX, Bloomberg and The London Stock Exchange

Artex, a stock exchange for investing in artworks by the great masters, has been granted a license to operate a Multilateral Trading Facility (MTF) in Europe.

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Investing social network yeekatee raises $1.9m

Investing social network yeekatee has raised $1.9 million in a pre-seed funding round joined by Avaloq co-founder Ronald Strässler.

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Peel Hunt analysts take bullish view on fintech

The financial technology industry may be in the doldrums, but analysts at investment bank Peel Hunt have taken a bullish perspective on the sector, comparing the evolution of the space to that of the dot.com crash of 2000 and declaring "fintech is the new internet".

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Robinhood launches media arm

Trading app Robinhood is setting up an independent media unit, called Sherwood, that will cover things like money, technology and geopolitics through newsletters, a website and events.

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Climate X hires Monzo's Andrew Ellam as tech VP

London-based climate risk analytics provider Climate X has appointed former Monzo, Amazon and Facebook staffer Andrew Ellam vice president of technology.

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Alibaba sells $126 million stake in Paytm

Chinese e-commerce giant, Alibaba Group, sold a 3.1% stake in the Indian digital payments firm, Paytm, via a block trade on Thursday.

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Coinbase insider trader gets 10-month prison sentence

The brother of a former Coinbase product manager has been handed a ten month prison sentence in what's been called the first ever insider trading case involving cryptocurrency markets.

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Cube begins RegTech roll up with acquisition of The Hub

RegTech Cube has acquired AI-driven data capture firm The Hub, the first of a planned series of acquisitions to drive consolidation in the market for regulatory technology.