Turo car-sharing marketplace launches in Germany

Peer-to-peer car-sharing platform Turo is expanding to Germany officially, starting today, after acquiring last September Daimler’s Croove in-house product for providing essentially the same service. Turo also received a significant strategic investment from Daimler at the same time, as it acquired the automaker’s car-sharing experiment, […]

SEC cools traders’ hot plans for cryptocurrency-based exchange traded funds

The U.S. Securities and Exchange Commission has serious concerns about the securities industry’s plans to create exchange traded funds around cryptocurrency. In a strongly worded letter to the heads of the Securities Industry and Financial Markets Association and the Investment Company Institute, the director of […]