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Finance & Markets

Robinhood and Interactive Brokers Both Ride Retail Volume. Only One Earns on Idle Cash.

Record trading volumes are leading to strong earnings for Robinhood and IBKR, but will subscription revenues be the big long-term winner?

We haven't written up this one. Motley Fool has the full story — the link below goes straight to it.

Also reported by 1 other outlet

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Sberbank prepares loans backed by major cryptocurrencies

Russia’s largest lender Sberbank is preparing to expand corporate lending secured by cryptocurrencies, with plans to accept Bitcoin, Ethereum and Tether’s USDT as collateral once the country’s new…

  • Sberbank plans to offer loans secured by Bitcoin, Ethereum, and Tether USDT.
  • New digital-asset rules from September 1 will enable cryptocurrency-backed loans.
  • Experience with crypto-backed loans gained from pilot project with mining company.

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