Finance

In the aftermath of the first officially reported crypto payment in the sanctioned country’s foreign trade, Iran’s importers point to the necessity of stable regulations to continue trade via cryptocurrencies. On Saturday local reports cited the head of Iran’s Importers Group and Representatives of Foreign Companies (Import Association), Alireza Managhebi, who emphasized that stable regulations and infrastructure should be prepared …

What is a Special Valuation Bond? Special assessment bonds are general obligation bonds, usually issued to fund development projects, where the interest due is paid by taxes levied only on the beneficiaries of that project. Key points to remember Special assessment bonds are general obligation bonds, usually issued to fund development projects, where the interest due is paid by taxes …

India is now home to an estimated 115 million cryptocurrency investors despite a historically negative attitude toward the sector from the government, according to new data. The latest gauge on the number of users in India comes from cryptocurrency exchange KuCoin, which released the findings of its ‘Into The Cryptoverse India Report’ survey on Tuesday. The estimated 115 million crypto …

China, Hong Kong, and the United States lead the pack in electronics production globally. Maintaining its reputation for producing cheap consumer goods in large quantities, China is a strong contributor to the electronics sector, as it is one of the country’s most important export categories. China was the top electronics exporter in 2018, accounting for 33.8% of all electronics exports. …

What is the Automated Confirmation Transaction (ACT) service? The Automated Confirmation Transaction Service (ACT) is an automated data system designed to document and report the clearing of transactions on Nasdaq-owned and operated exchanges, which compares transaction information entered by participants to the ACT and submits “locked” transactions to the National Securities Clearing Corporation. (NSCC) for customs clearance and settlement; Automatically …

The number of unregistered cryptocurrency-related businesses continues to outweigh those signed up with the United Kingdom’s Financial Conduct Authority. Crypto.com became the latest business from the cryptocurrency ecosystem to register with the FCA, joining a list of a confirmed 37 companies with the green light to offer services in the country. Just seven businesses have gone through the registration process in …

What is the TO schedule? Schedule TO is a regulatory filing with the Securities and Exchange Commission (SEC) required of a party making a takeover bid under the Securities Exchange Act of 1934 that would result in more than 5% ownership of a class of securities of the company. The tender offer statement is governed by Section 14(d)(1) or 13(e)(1) …

Crypto-friendly digital payments giant PayPal has been added to the Travel Rule Universal Solution Technology (TRUST) network, joining a host of big names in crypto that have moved to comply with digital asset travel rules. The announcement comes two months after the payments giant rolled out infrastructure enabling users to transfer, send and receive digital assets between PayPal and other …

What is a Financial Therapist? A financial therapist is a certified professional who provides therapy services with the goal of changing the way clients think, feel, and behave about money. Financial therapy is a relatively new field combining elements of financial counseling services and therapy. Certified Financial Therapists (CFT) aim to help clients deal with underlying sources of financial stress, …

Debt Market vs Equity Market: An Overview Debt market and equity market are general terms for two categories of investments that are bought and sold. The debt market, or bond market, is the arena in which loan investments are bought and sold. There is no single physical exchange for bonds. Transactions are mainly carried out between brokers or large institutions, …