Longtime technology specialist Ed Budd has joined UK-based blockchain firm ConsenSys to help kickstart its development and launch. The new role at the startup group…
Posts published in November 2017
Tether Plans to Freeze $31 Million Worth of Stolen Token
Today, Tether, a company that allows cryptocurrency exchanges to convert fiat money into tokens, announced the theft of $31 million worth of tokens. In its…
US Dollar Moves Marginally Higher as Home Sales Improve More Than Expected in October
The US dollar moved marginally higher against the euro on Tuesday following the release of better than expected data for the housing market in the United States. However, investorsâ anticipation for a speech that Federal Reserve…
Cresco Capital Markets Garners FCA License in Bid to Grow UK Footprint
Boutique brokerage Cresco Capital Markets (UK) Limited has garnered a license to operate in the UK from the country’s Financial Conduct Authority (FCA). The development…
Recently, Russian regulators expressed their hesitation to accept digital currencies. According to the Russian government’s website, the regulator in the state of Tatarstan issued a…
An ‘Open Ecosystem’: Money.net’s CEO Portends the End of Data Monopolies
The financial information space has been one of the most competitive in recent years, with groups such as Bloomberg and Reuters eating up a large…
Russian Head of Communications Ministry: Bitcoin Will ‘Never’ Be Legal
Russia’s attitude toward Bitcoin and cryptocurrency has quite a storied history, but it has recently taken a more definite turn toward strict regulation. In a…
Are Banks Starting to Take Crypto Seriously?
Until recently, Bitcoin and cryptocurrencies in general were largely regarded as a fringe anarcho-capitalist movement or one giant get-rich-quick scheme. However, in the midst of…
Spain Regulator CNMV Warns Against LiteForex’s Spanish Website
The Comision Nacional del Mercado de Valores (CNMV), the financial regulatory body of Spain, announced today in a statement that it has added to its…
Financial Commission Adds Fort FX to Roster of Category A Members
The Financial Commission, the leading self-regulatory association dedicated to ensuring sound practices across the financial services industry, today welcomed its newest member firm, Fort FX.…