Japan has been probably the greatest supporter of cryptocurrencies and their regulations. The country is known for its lean regulatory frameworks, as well as great tolerance about the use of Bitcoin. Not long ago, it was reported that many Japanese workers can choose how they want their salary: in the form of Bitcoin or fiat…
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LeapRate Exclusive... LeapRate has learned that global Retail FX brokerage Blackwell Global successfully upgraded the FCA license of its UK arm Blackwell Global Investments (UK) Limited, to a full-scope "IFPRU €730k" license. The new license became effective as of August 1. Blackwell Global UK's previous license, received in early 2016 as was also exclusively reported…
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Singapore Exchange (SGX) has just announced that it has welcomed Synagie Corporation Ltd. to Catalist under the stock code “V2Y”. Synagie Corporation Ltd. is a homegrown technology company and leading e-commerce solutions provider in Southeast Asia in the Body, Beauty and Baby sector. It works with businesses ranging from small and medium enterprises to multi-national…
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Paxos, a financial technology company and the first blockchain-powered trust announced that INTL FCStone Inc.'s (NASDAQ: INTL) London-based subsidiary, INTL FCStone Ltd's Precious Metals Division, has just announced that it is now using Paxos Confirmation Service, a tool built specifically for the post-trade needs of the precious metals market. The new technology automates trade confirmations,…
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New Zealand Stock Exchange (NZX) has confirmed it will implement changes to its trading and clearing pricing structure on 1 October 2018. Targeted policy changes and technology improvements will be introduced alongside pricing changes. Driving secondary market development, further improving liquidity levels and enhancing price transparency were some of the most important initiatives outlined in…
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Cyprus financial regulator CySEC has announced that it has reached a settlement with the company Coverdeal Holdings Ltd. The settlement is for the amount of €250.000. The company has already paid the amount of €250.000. The full note issued by CySEC on the matter reads as follows: 08 August 2018 CYSEC Board Decision Announcement date:…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Horst Weinmann. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…
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The following article was written by Reem Aboul Hosn, Research and Market Analyst Officer at Credit Financier Invest (CFI) Ltd. For the second time, the US-sanctions on Iran took effect on Tuesday which could push oil prices above USD 90 a barrel by the end of the year, analysts have advised. In the middle of…
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CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has just published its operating metrics for the month of July 2018. The average daily traded volume submitted to CLS was 638 trillion, down 13.7% from USD1.899 trillion in June 2018. Average daily traded volume submitted to CLS by product…
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Decentralized Vision, the blockchain company that developed PumaPay PullPayment Protocol, has announced that the PumaPay token (PMA) will be listed on HitBTC, a prominent cryptocurrency exchange. The trading of PMA/BTC and PMA/ETH pairs will be available on August 8, 2018. The listing price of the token will be 50,000 PMA/ETH, the same rate that PumaPay…
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