JPMorgan will accept cryptocurrency-linked assets as loan collateral.
Investment Closing "June" (06/05/25)
Ibovespa falls to 136,000 points with banks and Wall Street; dollar drops to R$ 5.58 and reaches its lowest level in 8 months.
The Ibovespa (IBOV) extended the losses from the previous session. This time, profit-taking in the banking sector weighed on the index, combined with the negative tone from Wall Street.
On Thursday (5), the main index of the Brazilian stock market closed at 136,236.37 points, down 0.56%.
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Heritage Distilling adopts cryptocurrencies with new treasury policy.
Heritage Distilling Holding Company, Inc. (NASDAQ: CASK), recognized as the most awarded craft distillery in North America, is adopting an innovative approach by integrating cryptocurrencies into its business model. With a current market capitalization of US$ 5.22 million and trading at US$ 0.64 per share, the company announced the adoption of a Cryptocurrency Treasury Reserve Policy to diversify its corporate treasury and sales strategies. According to an analysis by InvestingPro, the company currently shows signs of financial difficulties, with several key indicators suggesting that careful monitoring is needed.
Tax on cryptocurrencies will push Brazilians to exchanges without headquarters in Brazil, executives claim.
One of the ideas from the Ministry of Finance to raise revenue without increasing IOF is to start taxing transactions with cryptocurrencies.
JPMorgan will accept cryptocurrency-linked assets as loan collateral.
JPMorgan Chase & Co (NYSE:JPM), the largest bank in the United States, is preparing to allow its trading and wealth management clients to use certain cryptocurrency-linked assets as collateral for loans, Bloomberg News reported on Wednesday. This significant measure is aligned with the...