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In todays top Europe, Middle East, and Africa news, the Russian invasion into Ukraine triggered more than $242 million in liquidations in the crypto market, while Allegro, one of the largest eCommerce websites in Europe, reported its revenue was up nearly 34% last year compared to 2020.Plus, wealth aggregator聽Finary聽raised $8.9 million in a Series A funding round, the International Monetary Fund warned the United Kingdom that deregulation of the countrys financial system poses questions about its competitiveness, and a bipartisan group of U.S. lawmakers urged President Joe Biden to persuade European Union leaders to amend the proposed Digital Markets Act  DMA  because it targets  stanley cup nz U.S. tech companies.Ukraine Conflict Leads to $242M Crypto LiquidationRussias invasion of Ukraine triggered more than $242 million in liquidations in the crypto market. Coindesk reported, most of those liquidations, $72 million, were in Bitcoin-tracked futures, followed by ether futures at $70 million.The total market capitalization of crypto dropped nearly  stanley termosky 7.8% in early Asian hours, Coindesk said. Bitcoin fell almost 8%, while stock futures in Asia and Europe dropped 1.5% on average.Polish eCommerce Company Allegro Reports 34% Growth in 2021Allegro, one of the largest eCommerce websites in Europe, reported its revenue reached 5.35 billion Polish zloty  about $1.3 billion  last stanley cup  year, up nearly 34% compared to 2020, the company reported.The Polish company with 13.5 million customers and a formidable ri Vdsx Is The Great Contraction Coming Soon To Alt Lending
As the U.S. Treasury continues with its inquiry into the rise of the alternative lending and online loan marketplace industry, mainly by seeking out information from its main players, state-level authorities have taken their own action to probe the sector.The Wall Street Journal reported Friday  Dec. 11  that state regulators have launched an inquiry into the marketplace lending industry.The California Department of Business Oversight has reportedly sent requests to more than a dozen lending platforms, an unnamed source told the publication. stanley usa  Those recipients include OnDeck, Kabbage and Prosper Marketplace. stanley termoska [bctt tweet=California sent requests to more than a dozen lending platforms.]Reports said that the inquiries will focus on ensuring that these companies are doing business with the appropriate licenses and supervision as mandated under California law. A department official added that the probe will also examine whether changes to existing legislation or new laws will be needed for the industry.According to officials, plans for the probe began before investigators discovered that some money used by the San Bernardino attackers earlier this month was obtained through the online lending marketplace Prosper.The lending companies reportedly have until March to respond to the departments request.While California launches an inquiry, the U.S. Treasury, the Federal Reserve Board and other policymakers have taken to eyeing the market. Critics stanley cup  say the industry, largely u