Global banks fear China will limit JV control through new rules
Western banks are seeking clarification from China's securities watchdog on proposals to allow them to take over their onshore securities ventures, amid concerns about high asset value requirements and limits to ownership by non-financial investors.
The holy grail of cryptocurrency trading is the Lambo: the wildly unncessary car used to thumb the nose at non-believers, no coiners. But how much does a Lambo really cost in cryptocurrency? Which coin will get you the best deal? Lambonomics can answer that. I present to you: the Lambo Index. A new website has been launched that tells you, in real-time, how much cryptocurrency you need for a Lamborghini Huracan, worth over $200,000. Today, one will set you back just over 3,000 Litecoin. You see, in economics, there’s something called the Big Mac index. Burgernomics is a method of comparing two currencies… This story continues at The Next Web