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A bustling scene in Hong Kong illustrating growth in finance and startups.
Asset Management

Hong Kong Experiences Major Growth in Asset Management and Startups

Hong Kong's Financial Secretary Paul Chan reports a 24% increase in licensed asset management firms and a 132% rise in open-ended fund companies. The startup scene flourishes with 28% non-local ent...

financial sectorRipple's Chief Legal Officer Stuart Alderoty speaking out against SEC fines.

Ripple’s Legal Chief Slams SEC for Boasting Record Fines

Stuart Alderoty, Ripple's Chief Legal Officer, criticizes the SEC for its record fines, equating them to failing educational metrics. He questions if these penalties reflect regulatory success or f...

cryptocurrencyFederal Reserve's stance on cryptocurrency as a tradable asset

Federal Reserve Official: Cryptocurrencies as Tradable Assets, Not Currency

Federal Reserve's Schmid emphasizes that cryptocurrencies should be seen as tradable assets instead of currencies. This view aligns with financial discussions on their classification and regulatory...