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Proposed legislation that would ban the use of cryptocurrencies as a method of payment in India also seeks to make those who infringe the law subject to arrest without a warrant and being held without bail, according to a source and a summary of the bill seen by Reuters.
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Abrdn is to buy investment platform interactive investor for 1.49 billion pounds ($1.98 billion) in cash, as traditional asset managers seek to build up customers using online providers.
Brazilian online lender Nubank is considering cutting the potential valuation of its initial public offering following a slump in technology stocks globally, Bloomberg News reported on Monday, citing people familiar with the matter.
Italian fintech company TAS Group said on Thursday a vehicle controlled by European private equity firm Gilde would launch a takeover bid for its shares at 2.2 euros each after taking control of its top shareholder.