Monex, Inc. (Monex), a retail brokerage, announced this Friday that it has inked a financial instruments intermediary service agreement with The Shizuoka Bank, Ltd. This…
Posts published in October 2018
On Thursday, October 18, a Federal Court in New York officially ordered a $2.5 million fine on Gelfman BluePrint, Inc. (GBI), and Nicholas Gelfman, the…
Cobinhood Launches Margin Trading on its Crypto Exchange
Cobinhood, a cryptocurrency exchange platform, announced on Thursday that it has launched Margin Trading on its platform. Starting Friday, users of the exchange now have…
Is Chinese Alibaba Group Going to Acquire Alibabacoin (ABBC)?
Alibabacoin Foundation and China’s Alibaba Holding Group is having a dispute over trademark licenses in the Manhattan court of the United States of America. Alibabacoin…
Federal Court Fines Operator of Gelfman Bitcoin Fraud $2.5 Million
A New York resident who purportedly operated a Bitcoin ponzi scheme that solicited at least $600,000 from 80 investors was hit with a $2.5 million fine…
Crypto Hedge Fund Quantreq Expands Staff with Wall Street Hires
Crypto-oriented financial services provider Quantreq Capital Markets seems unperturbed by the prolonged decline in the cryptocurrency market and is pushing ahead with its business expansion.…
France’s AMF Discloses Compliance Issues of Client Suitability Tests
France’s financial markets regulator, the (AMF), has identified compliance violations concerning the client suitability and appropriateness practices applied by some investment firms. To stay on…
Swiss Brokers a Safe Haven for High Leverage to Retail Clients
It’s been almost three months since ESMA mandated its new regulations across the EU. While traders are moving to offshore jurisdictions en masse, a country in…
Cryptocurrency wallet provider BitGo has raised $15 million in new funding, which will be put towards expanding the use of its technology among institutional investors, the company…
US Dollar Gains on Fed Hikes Speculations, Positive Data
The US dollar was rather strong today, though it was unable to outperform safer currencies like the Japanese yen and the Swiss franc. The greenback was also surprisingly weak against the Australian…