Money

China experiencing ‘mixed effects’ with Crypto crackdown

Published

3 years ago

September 27, 2021

ticker NEWS

Chinese officials have taken steps to crack down on cryptocurrencies, with mixed effects.

Why has there been mixed effects in relation to China's crypto crackdown?

Find out why 👇 pic.twitter.com/gkZjtylIOf
— Ticker (@tickercotweets) September 27, 2021

A Chinese phone regulator says it would “gradually retire existing mainland China user accounts”.

It follows a crackdown from authorities who say crypto transactions in China are banned and they will root out mining of digital assets.

A PWC crypto leader says “there is no ambiguity” in this latest ban.

The official notice comes from the People’s Bank of China along with nine other institutions.

Enforcement is set to be widespread, with security watchdogs, the supreme court and police all backing the ban.

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

July 19, 2024

ticker NEWS

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

July 18, 2024

ticker NEWS

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

July 18, 2024

ticker NEWS

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.