Chinese financial authorities, including the central bank and other regulators, are ramping up their broad crackdown on illegal fundraising activities. In a news conference in Beijing on Monday, Chinese authorities said they will keep a close watch on interest rates charged by companies and financial firms in the private sector to increase their scrutiny on …
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Goldman Sachs has hired a securities trading veteran to help the firm develop a digital asset strategy, but the investment banking giant continues to deny that it is launching a cryptoasset-focused over-the-counter (OTC) trading desk. According to business news outlet Tearsheet, Goldman Sachs quietly hired Justin Schmidt last week. Schmidt, who now serves as vice …
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