Latest posts
-
SEC Proposes Rules to Streamline Capital Formation for Digital Asset Entrepreneurs
The Securities and Exchange Commission (SEC) proposed new rules that it said in a Tuesday (Aug. 18) press release would create a clear framework for certain investment contracts involving crypto assets. Dubbed “Regulation Crypto Assets,” the proposed rule will be open for a 60-day public comment period following its publication in the Federal Register, according…
-
Italy’s Cheese Bank Finds Climate Risk Has a Rind
On Wall Street, “cheese” is slang for money. In Italy, they decided the metaphor needed collateral. Deep inside climate-controlled warehouses in Emilia-Romagna, hundreds of thousands of wheels of Parmigiano-Reggiano sit on shelves while securing loans from Credito Emiliano, Fortune reported Monday (Aug. 10). It’s banking with notes of hazelnut, salt and a surprisingly complicated risk…