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Any Rule On Bitcoin Must Be Global Germanys Central Bank Says

FRANKFURT – Any attempt to regulate cryptocurrencies such as Bitcoin must be on a global scale as national or regional rules would be hard to enforce on a virtual,...

Ant Financial Says Has Received Approval For New Consumer-credit Backed Securities

BEIJING – China’s Ant Financial Services Group has received approval to issue consumer credit-backed securities to institutional investors and the securities...

Consumer Loan Securitization Boom Put On Hold As China Clamps Down On Leverage

BEIJING – A boom in asset-backed securities issued by micro-lenders aiming to expand in China’s fast-growing online credit market looks set to slow this year...