Binance Will Restrict Trading For 3 Cryptocurrencies

Binance Will Restrict Trading For 3 Cryptocurrencies

Binance has announced that it has decided to discontinuous some pairs for three cryptocurrencies. Investors are required to either complete or cancel transactions in these pairs within a few days. So what are these cryptocurrencies? Binance, the world’s largest exchange with its trading volume and the number of cryptocurrencies it covers, has recently released a … Read more

Spouses, taxes and crypto: The unanswered questions for Congress' stock trading ban

Spouses, taxes and crypto: The unanswered questions for Congress' stock trading ban

Wait, isn’t insider trading already banned? Following a “60 Minutes” expose of trades lawmakers made during the 2008 financial crisis, Congress in 2012 passed the Stop Trading on Congressional Knowledge Act. The law requires members and their spouses to disclose stock transactions and bars them from trading on nonpublic information “derived” from their official positions. … Read more

Trading app Robinhood sinks 11% in after-hours trade after posting loss

Trading app Robinhood sinks 11% in after-hours trade after posting loss

Robinhood shares fell about 11% in after-hours trading Thursday after it posted a net loss for the quarter, despite analysts’ previous estimates for quarterly revenue, as strong crypto trading boosted transaction volumes at the online brokerage. Robinhood, in its third set of results as a publicly traded company, reported a net loss of $423 million … Read more

Members of Congress Shouldn’t Be Getting Rich From Trading Stocks

Members of Congress Shouldn’t Be Getting Rich From Trading Stocks

US House Speaker Nancy Pelosi and her husband Paul Pelosi attend the 44th Kennedy Center Honors at the Kennedy Center in Washington, DC in December 2021. (Samuel Corum / AFP) Subscribe to something The nation Subscribe now for only $2 a month! Thank you for signing up The nation‘s weekly newsletter. Thanks for signing up. … Read more