Page 2 - Michael Hytha News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SPAC Mania Anxiety Grows; Bankers, Regulators, Insurers Try to Keep Pace Anxiety is growing that the wellspring of special-purpose acquisition companies, a 2020s echo of the dot-com mania of the 1990s, is bumping up against the limits of both Wall Street and Washington. The pipeline of SPACs rushing to market is getting so clogged that bankers, lawyers and auditors are turning away business as they struggle to keep pace, according to people familiar with the matter. As founders of blank-check companies wait in line, the deep-pocketed investors needed to take them public have grown squeamish. ...

Cryptocurrency exchange Coinbase says it's filed to go public Michael Hytha, Bloomberg News Signage is displayed at the front desk of the Coinbase Inc. office in San Francisco, California, U.S., on Friday, Dec. 1, 2017. Coinbase wants to use digital money to reinvent finance. In the company's version of the future, loans, venture capital, money transfers, accounts receivable and stock trading can all be done with electronic currency, using Coinbase instead of banks. , Bloomberg Coinbase Global Inc., the biggest U.S. cryptocurrency exchange, ...