CMC Markets is the one of the world's leaders in spread betting and CFDs. The company has announced its expansion of services with 12 new forex baskets that are now added to the CMC's platform. The new indices offer clients an easy way to diversify their exposure to several worldwide economies. The in-house management allows…
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While we are all watching to see what will happen to Facebook's Libra, there is very interesting point to note about Mark Zuckerberg's recent testimony before the US Congress. The comments about Libra were not surprising at all and the reaction of congressmen was not either. It seems that Libra is not going to be…
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The FCA in the UK is to decide whether to ban crypto derivatives for retail investors or not. The UK government has come to the conclusion that it is time for the regulator to decide the fate of the crypto product. According to press, on the 21st of October, the Economic Secretary to the Treasury,…
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Stephen Moore was nominated by US President Donald Trump to join the Federal Reserve of the country. The bid for the role, however, failed by several votes and Mr. Moore couldn't take the position. Stephen Moore is an economist and former campaign adviser. After his bid didn't come through, Mr. Moore has turned to manage…
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Libra, having faced extreme scrutiny from regulators, has reportedly decided to turn its sight to a more regulatory-friendly zone: national currencies. Reuters reported on Sunday that Facebook is currently considering pegging the Libra cryptocurrencies to national ones. One option is the dollar. The main goal of Facebook is to develop a more efficient payments system.…
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After months of speculation and being in the dark, the Brexit outcome is finally known. Boris Johnson has confirmed that he has reached a Brexit withdrawal deal. The legal text around the decision has just arrived, as reported by the Financial Times. Boris Johnson tweeted the following: We’ve got a great new deal that takes…
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LeapRate Exclusive… Yoav Dror is the CEO of PumaPay, one of the biggest ICOs in 2018, raising over $117m. With an MBA and over 20 years of experience in heading online high-transaction companies, Yoav is now leading the team developing PumaPay’s blockchain-based PullPayment protocol, enabling businesses to easily accept cryptocurrency payments. Yoav joins Leaprate today…
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Venezuela's oil-backed state cryptocurrency is getting some traction. After the stable coin was created to fight off inflation and Trump's imposing regulations on the country, the Petro has experienced some downs, as it was not perceived well from common people and especially businesses. Things are starting to change, it looks. The Petro is now reportedly…
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The US Securities and Exchange Commission (SEC) is definitely not wasting its time when it comes to slashing ICO dreams. The financial regulatory body, after rejecting another Bitcoin ETF application, went on to file a legal complaint against the messaging app Telegram and its Telegram Open Network or TON. The reason? The unregistered ICO of…
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Commodity Futures Trading Commission (CFTC) has confirmed that Ether is now classified as "commodity". The statement came from CFTC Chairman, Mr. Heath Tarbert. After months of studying the second largest alt coin by market cap, CFTC has decided that Ether falls under this specific jurisdiction. This is what Mr. Tarbert commented on decision that Ether…
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