Texas Issues Cease and Desist Order against Two Crypto Schemes
The order labeled the schemes as frauds. Source Author: Arnab Shome
financemagnates.com
UK Government Announces New Compensation Plan for LCF Victims
The scheme will provide 80 percent of LCF bondholders’ initial investment up to a maximum of £68,000. Source Author: Arnab… Read More »UK Government Announces New Compensation Plan for LCF Victims
Britcoin: UK Forms Taskforce for the Launch of Digital Sterling
The central bank assured that the CBDC will not affect the existing monetary system. Source Author: Arnab Shome
FOS Promotes Nausicaa Delfas to Interim CEO and Chief Ombudsman
Delfas will take over the role from Caroline Wayman, who previously held the role for seven years. Source Author: Tom… Read More »FOS Promotes Nausicaa Delfas to Interim CEO and Chief Ombudsman
Is it Time For Banks to Move Over And Create Space For Blockchain?
Many of the richest private banks have extremely basic technology and unsophisticated tools. Source Author: Finance Magnates Staff
Deutsche Bank Establishes Emerging Market FX Trading Engine in Singapore
The Bank highlighted the surge in demand for the Chinese Yuan. Source Author: Bilal Jafar
Ultimate Fintech Awards 2021: Last Day to Nominate!
The awards began in February and will run until June when the winners will be announced on June 10. Source… Read More »Ultimate Fintech Awards 2021: Last Day to Nominate!
CLS Group Posts Uptick in March FX Volumes as Markets Remain Active
The FX swap demand last month even crossed the record achieved by the company in March 2020. Source Author: Arnab… Read More »CLS Group Posts Uptick in March FX Volumes as Markets Remain Active
SEC Indicts Spot Option and Two Operators, Pini Peter and Ran Amiran
The company allegedly defrauded thousands of American investors by offering binary options. Source Author: Arnab Shome
FBS Broker Updates its Trading Platform for Excellent Performance
FBS makes its platform better every day for active trading on the go. Excellent performance from a regulated broker. Source… Read More »FBS Broker Updates its Trading Platform for Excellent Performance
Did Coinbase Execs Dump COIN Shares after Last Week’s Public Offering?
A spreadsheet claiming that Coinbase’s C-suite execs sold more than 60% of their COIN shares made the rounds this weekend.… Read More »Did Coinbase Execs Dump COIN Shares after Last Week’s Public Offering?
Your Bourse Partners with FastMT to Facilitate MetaTrader Brokers
The company has collaborated with FastMT to deliver ultra-low latency and connectivity solutions to MetaTrader brokers. Source Author: Bilal Jafar
Exclusive: Exness Recruits Shlomi Dubish as Head of External Communications
Dubish will oversee strategy and execution, drive the global content agenda and enhance the public image of the group. Source… Read More »Exclusive: Exness Recruits Shlomi Dubish as Head of External Communications
Stripe Introduces Issuing Service in Europe
The company recently secured $600 million in funding. Source Author: Bilal Jafar
Novogratz: XRP Rise “Doesn’t Make Sense”; DOGE “Doesn’t Really Have a Purpose”
The billionaire crypto advocate and Galaxy Digital Founder believes that altcoin markets are frothing at the bit. Source Author: Rachel… Read More »Novogratz: XRP Rise “Doesn’t Make Sense”; DOGE “Doesn’t Really Have a Purpose”
3 Platforms Disrupting the Cryptocurrency Investment Industry
Three platforms are pushing the envelope, doing the most to bring the next generation of investments to the public. Source… Read More »3 Platforms Disrupting the Cryptocurrency Investment Industry
South Korea to Launch Crackdown on Illegal Cryptocurrency Transactions
The authorities are planning to eliminate the use of cryptocurrencies in money laundering. Source Author: Bilal Jafar
People’s Bank of China Gov: Crypto is An “Investment Option,” Not “Currency”
The newly-appointed Governor of PBoC seems to be taking a more crypto-friendly stance than his predecessor. Source Author: Rachel McIntosh
Coinbase CEO Brian Armstrong Sold 749,999 COIN Shares on Opening Day
The total value of the sold shares stood at around $292 million. Source Author: Bilal Jafar
Bitcoin Whale Moves 5,000 BTC amid Price Volatility
BTC price is currently trading near $56,500 with a market cap of over $1 trillion. Source Author: Bilal Jafar
Who Cares How Many Children Traders Have? China Does!
Brokers who exited China and did not create wholly-owned subsidiaries of their own now look vindicated Source Author: Andrew Saks
XRP Market Cap, Dogecoin High, Canada ETF, FX Records, BTC: Editor’s Pick
ICYMI: the biggest news stories of the week Source Author: Ben Myers
Dogecoin (DOGE) Slumps 20% After Friday’s Surge
DOGE more than doubled on Friday Source Author: Finance Magnates Staff
Canada Approves World’s First Regulated Ethereum ETF
The ETF will offer three classes of units: two in CAD and one in USD. Source Author: Arnab Shome
Legal Risk Factor Beneath Ripple’s Lawsuit from SEC
The SEC alleges that all sales of Ripple since its inception were sales of a security. Source Author: Ildar Sharipov
Robinhood Faces Outage Again due to ‘Unprecedented’ Crypto Demand
The platform is particularly not allowing Dogecoin purchases. Source Author: Arnab Shome
FCA Stops UK Operation of CFDs Broker Finteractive Limited (FXVC)
The CySEC-licensed company was operating in the UK under FCA’s Temporary Permission Regime. Source Author: Arnab Shome
Turkey to Impose Ban on Cryptocurrency Payments
Turkey’s central bank said that the ban will come into effect on 30 April. Source Author: Bilal Jafar
24 Exchange Expands Offering with FX Swaps
The platform completed its first trade with the new instrument on Thursday. Source Author: Arnab Shome
Valutrades’ 2020 Operating Profit Jumps 1,052%
The revenue of the broker increased by 21 percent in the year. Source Author: Arnab Shome