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Google to ban cryptocurrency, initial coin offering ads
Wednesday, March 14, 2018, 1:37 PM
Google will ban online advertisements promoting cryptocurrencies and initial coin offerings starting in June, part of a broader crackdown on the marketing of a new-breed of high-risk financial-products. Alphabet Inc.s-Google announced the decision Wednesday in an update to its policy, which says it will begin to block-ads for cryptocurrencies and related content. The internet-search-giant is also restricting ads for financial-products including binary-options, a risky-derivative.
Infosys to voluntarily delist from Euronext Paris, Euronext London
Monday, March 12, 2018, 5:49 PM
Indian Software firm Infosys today announced its intention to voluntarily delist its American Depositary Shares from Euronext Paris and Euronext-London-exchanges. The ADS of the Bengaluru-based firm will continue to be listed on the New-York-Stock Exchange. It said the primary reason for seeking the proposed delisting is the low-average daily trading volume of Infosys-ADS on these exchanges, which is not commensurate with the related administrative-requirements.
RBI moots transparent retail forex trading platform
Wednesday, October 4, 2017, 5:45 PM
The Reserve Bank is contemplating a transparent foreign exchange trading platform with a view to encouraging retail participation, saying it would lead to better price discovery. “The Clearing Corporation of India Limited (CCIL) will develop access to its platform FX-CLEAR through an internet-based application. A discussion paper on the proposal will be issued by end-October 2017 for public comments,” said a statement.
