DTCC proposes approach to shortening U.S. settlement cycle to T+1
DTCC has released an industry roadmap for shortening the settlement cycle for U.S. equities to one business day after the trade is executed.
Bitcoin rises above US$50,000 for first time
Bitcoin rose above US$50,000 on Tuesday US time, before falling back a bit, the first time the digital currency has hit this level.
Another fintech is going public through a blank-check company, in a $2.9b deal
MoneyLion is the latest fintech to go public through a blank-check company, as the digital financial platform merges with Fusion Acquisition.
Atlanta cryptocurrency exchange Bakkt to go public in SPAC merger
Bakkt and VPC Impact Acquisition Holdings, a SPAC, sponsored by Victory Park Capital, will merge to form Bakkt Holdings, Inc.