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Novavax COVID-19 vaccine shows over 90% efficacy in the U.S. late-stage trial

Novavax Inc (NASDAQ: NVAX) said on Monday its candidate COVID-19 vaccine showed 93% efficacy in its U.S. late-stage trial. The results of the clinical trial

Business

Lack of crypto regulations alarming, says Italy’s stock market regulator

Paolo Savona, the chairman of the Commissione Nazionale per le Società e la Borsa (Consob) — Italy’s securities regulator — has raised alarms over crypto’s

Bitcoin

Bitcoin sell pressure may hit zero in July thanks to Grayscale’s giant 16K BTC unlocking

Institutional Bitcoin (BTC) investors are in the spotlight as an upcoming major cashout date sparks talk of fresh price volatility. As noted by popular Twitter

Invest

SThree net fees climbs in Q2; names new finance chief

SThree plc (LON: STEM) said on Monday its net fees in the second quarter climbed by 22% as the COVID-19 restrictions started to ease and

Business

Korean banks will need to classify crypto exchange clients as ‘high risk’

New rules announced by South Korea’s Financial Services Commission, or FSC, are expected to affect around 60 unauthorized cryptocurrency exchanges in the country, and a

Cryptocurrencies

South Africa to revise national policy position on cryptocurrency

South Africa’s financial regulators are laying the groundwork for the “phased and structured” regulation of cryptocurrencies. The move presents a reversal of the largely hands-off

Business

The Netherlands should regulate crypto instead of banning it, says finance minister

A cryptocurrency ban is not the right solution for the Netherlands, the country’s finance minister reportedly said after a local official called for a total

Business

Remittance firms hesitant to support BTC despite legal tender law in El Salvador

Despite El Salvador’s recently passed law mandating Bitcoin as legal tender, local remittance firms are reportedly hesitant to adopt BTC. Speaking to Reuters, Autonomous Research

Bitcoin

Tanzanian president urges central bank to prepare for crypto

Tanzania appears to be the latest emerging economy poised to embrace Bitcoin and crypto assets. On June 14, Tanzanian president Samia Suluhu Hassan urged the

Invest

Dow Jones, S&P 500, and Nasdaq continue to trade in a bull market ahead of the FED meeting

US inflation rose in May at its fastest pace in almost 13 years and inflation worries could hit investor confidence in the upcoming days. US