Registration with the AMF is compulsory for those providing crypto custody, exchange or trading services in France.
Binance, the world's biggest crypto exchange, is currently under investigation by the French authorities for allegedlyThe move is the latest in a series of traditional finance companies to show an interest in moving into the crypto space. Earlier this week,
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New York lawmakers OK bill removing medical debt from credit reportsHospitals and other health care providers in New York would be banned from reporting medical debt to credit agencies under a bill passed this week by the state’s legislature. The measure is intended to limit the damage that illness and injury can do to someone’s financial health. If signed into law, New York would join Colorado in prohibiting medical debt from being collected by credit reporting agencies or included in a credit report. National credit reporting agencies had already voluntarily agreed to not report medical debts under $500, but advocates say additional protections are needed.
Source: AP - 🏆 728. / 51 Read more »
States with highest, lowest credit card debt burdens ranked in new reportA report by CreditCards.com found that Mississippi had the highest credit card debt burden in the U.S. when factoring in household income while Massachusetts had the lowest.
Source: FoxBusiness - 🏆 458. / 53 Read more »
Three Months After Losing $17 Billion on Credit Suisse, The Bond Market Is CarefreeHolders of complex AT1 “bail in” bonds have already moved on from their ill treatment at the hands of Swiss regulators. There may be a lesson they are missing.
Source: WSJ - 🏆 98. / 63 Read more »
UBS faces big penalty over Credit Suisse's Archegos failings, Financial Times reportsUBS Group AG faces hundreds of millions of dollars in penalties over Credit Suisse's mishandling of Archegos Capital, after UK, Swiss and U.S. regulators completed their investigations, Financial Times reported on Monday.
Source: Reuters - 🏆 2. / 97 Read more »
Craig Mazin Is Getting a Writing Credit on ‘Dune: Part 2’'The Last of Us' co-showrunner credited a new WGA policy that went into effect last year for why he was able to receive an additional literary material credit on the film.
Source: THR - 🏆 411. / 53 Read more »
Subway stabbing suspects in Manhattan caught; police credit heroic transit cops for taking action | amNewYorkTop police brass applauded on Tuesday a group of heroic transit cops who apprehended two Manhattan subway stabbing suspects in as many days.
Source: amNewYork - 🏆 336. / 59 Read more »