One of the key utilities of foreign exchange market participants, CLS Group, has just added Johannesburg-based Absa Bank Limited as its newest settlement member. Absa…
Posts published in December 2017
IOTA is Breaking All Records, Gains 70% in the Last 24 Hours
Over the last few weeks the cryptocurrency market has been soaring. Bitcoin is trading strongly above $11,500, and investors are also getting an excellent return…
Are Regulatory Authorities Ready for MIFID II?
The new year is fast approaching and this month it looks like many regulators will be working harder than ever leading up to the holiday…
The Biggest Country in Southeast Asia to Ban Cryptocurrency
Indonesia is to ban all cryptocurrency use, according to a local media report. Pikiran Rakyat reports that the legislation will prohibit payment providers from cooperating…
US Dollar Opens Sharply Higher as Markets Reopen
The US dollar opened sharply higher at the start of the trading session after markets got chance to react to the news that the US Senate passed the tax reform bill. Markets could not react…
This week should be fairly important for the US dollar. Several major economic reports will come out during the week, including nonfarm payrolls. But there is a high probability…
Welcome to the Club: Buterin in Bloomberg’s 50 Most Influential 2017
The once niche world of cryptocurrency continues to make inroads into the mainstream as Vitalik Buterin, founder of Ethereum, is featured on Bloomberg’s 2017 list…
Tezos Sued again and Roger Ver Tantrums: Best of the Week
End of binary options for SpotOption On Tuesday we reported that SpotOption, the Israeli binary options platform provider, in the coming months and switch focus…
Dollar Ends Week Soft, Waits for Reaction to Tax Reform News
This week was far more eventful than the previous week, which was rather quiet due the Thanksgiving holiday in the United States. Not all of those events were good for the US…
Coinbase Hires Saxo Bank Director Asiff Hirji as President and COO
Assif Hirji The meteoric rise of crypto-currencies since the start of the year is transforming one of the most significant exchanges in the industry. Coinbase…