March 04, 2020 BY Steffy Bogdanova

Ukraine taxpayers will now have to report cryptocurrencies

Ukraine’s revenue agency has published guidance for taxpayers to report their digital assets holdings as intangible property, similar to intellectual property or licenses for natural resources extraction. Cryptocurrency is indicated in the guidance in accordance with the Financial Action Task Force (FATF)'s definition – as a virtual unit with value that can be traded and…

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March 04, 2020 BY Steffy Bogdanova

OANDA adds new Chasing Returns functionality to all platforms

Forex trading platform OANDA, announced yesterday the strengthening of its partnership with Dublin-based FinTech firm Chasing Returns. OANDA’s platforms will be able to offer now expanded suite of capabilities, utilizing behavioural science research to help improve trading performance. The collaboration expands on the already integrated in 2018 Chasing Returns’ risk management technology into OANDA’s trading…

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fca warning
March 03, 2020 BY Steffy Bogdanova

Rogerfin, Currie Consultancy Group, EasyLoan4U and others added to FCA warning list

UK watchdog FCA has put out the details of several unregulated companies and clone firms this week. The names of the latest additions to the regulator’s warning list are the companies Rogerfin, Currie Consultancy Group, EasyLoan4U, Leonreed Limited / Leonne International, IVL Leasing Limited, Euro 2 Pocket, Euro 2 Pocket / Euro2Pocket, Cleantech Europe Escrow LP, Montague Capital Investments Ltd, Private Wealth Management…

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clsnet
March 03, 2020 BY Steffy Bogdanova

Fintech provider Refinitiv acquires SaaS developer Scivantage

Refinitiv, provider of global financial markets data and infrastructure, announced yesterday the acquisition of Scivantage, a Software as a Service (SaaS) developer in the fintech market. Refinitiv has been committed to wealth management industry and the acquisition is a step towards creation of next-generation digital solution, providing data and technology to drive user engagement. Refinitiv’s…

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March 03, 2020 BY Steffy Bogdanova

Deutsche Börse reports cash market volumes up by 60% YoY in February

Increased volatility of financial markets in the last week of February lead to increased volumes compared to previous years on Deutsche Börse’s cash market platforms. February cash market turnover amounted to €183.0 billion (€116 billion for the previous year), marking a 60 % increase. 2.8 million orders were executed, achieving trading volume of €18.6 billion,…

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Plus500 share buyback
March 03, 2020 BY Steffy Bogdanova

Plus500 purchases shares as part of its buyback programme

Plus500, international Contracts for Difference (CFDs) provider, announced its latest volume of purchased shares on 28 February as part of its buyback programme announced on 12th February. The purchases are done through Credit Suisse Securities (Europe) Limited. Aggregate number of ordinary shares of ILS 0.01 each purchased: 33,400 Lowest price paid per share (GBp): 881.40…

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cryptocurrency
March 02, 2020 BY Steffy Bogdanova

Crypto currency categorized as financial instrument in Germany

Germany’s Federal Financial Supervisory Authority, also known as BaFin, released guidelines today, categorizing digital assets as financial instruments. The financial regulator states that virtual currencies are “a digital representation of a value that has not been issued or guaranteed by any central bank or public body and is not necessarily linked to a currency specified…

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