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Qutoutiao Sees Investor Suit Over In-App Advertising Reinstated

A securities suit against Qutoutiao Inc. was improperly dismissed for not pleading sufficient detail about the Chinese news aggregator’s alleged advertising-related misstatements accompanying its initial and secondary public offerings, the Second Circuit ruled Monday.

BIS Debates Ending Project Eyed by Putin to Undermine Dollar

The Bank for International Settlements is debating whether to shut down a pilot cross-border payments platform after Russia‘s President Vladimir Putin identified the underlying technology as a tool to circumvent sanctions and potentially undermine the dollar’s dominance in the global financial system.

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