Financial Cold News Today

For decades, Chinese billionaires and entrepreneurs have dreamt of their companies making it on the New York stock exchange, but now they face the risk of being delisted if Beijing does not step back.

China and Russia have their own Swift-like systems, and while neither is likely to displace Swift tomorrow, sanctions will propel efforts to strengthen and expand them.

Hong Kong's crypto-asset custody service provider Hex Trust confirmed earlier this week that James Fok has joined the firm's advisory board.