capital requirements

Robinhood closes down 8% on its first day of trading, after raising $2.1B in its IPO at a valuation of around $32B

will users ‘age out’ of the app? Finextra : Robinhood prices IPO at $32bn valuation Timothy Craig / Crypto Briefing : Robinhood IPOs Amid Uniswap Partnership Rumors Crunchbase News : Throw The Confett...

China finalizes rules on banks' internet loan businesses, affecting Alibaba and others, setting new capital requirements, must be complied with by July 17, 2022

Sources: Jack Ma's Ant Group has reached an agreement with Chinese regulators to turn Ant into a financial holding company, subject to bank capital requirements

Sources: Jack Ma's Ant Group has reached an agreement with Chinese regulators to turn Ant into a financial holding company, subject to bank capital requirements

- Ma's fintech giant will become a financial holding company  — Ant is still exploring a potential IPO, but timeline unclear

Sources: China says Ant Group can't proceed with IPOs until it complies with new capital requirements and reapplies for licenses to operate nationwide

- Listing of Jack Ma's fintech giant was halted on Tuesday  — Ma criticized regulators for stifling innovation last month