The Chinese yuan is closing 2018 flat against its American counterpart as investors brace for a new year. Experts contend that the yuan should have a better 2019, but only if…
Posts published in December 2018
Visa Acquires Ripple’s Payments Partner for $250 Million
California-headquartered credit card giant Visa Inc. has announced the acquisition of Earthport, a British firm that facilitates cross-border transactions for banks and businesses, for £198…
FCA Probing 18 Crypto Firms Operating in the UK
The Financial Conduct Authority (FCA), the United Kingdom’s financial watchdog, is investigating 18 companies in connection with transactions amid market threats, according to a Sunday…
Israeli Crypto Exchange Bits of Gold to Launch Payments API
Bits of Gold, a Tel Aviv-based crypto exchange, has announced the development of a new application program interface (API) service for cryptocurrency payments. The API…
Huobi to Launch EOS-Dedicated Crypto Exchange in Q1 2019
Singapore-headquartered Huobi is going bullish with as it is planning to launch the first crypto exchange dedicated to EOS in the first quarter of 2019,…
British Pound Rallies to 3-Week Highs on New Yearâs Eve
The British pound today rallied higher against the US dollar largely due to high selling pressure on the greenback during the European session. The thin…
Binance Lists XRP, GMO Abandons Crypto Mining: Best of the Week
Bitmain Sacks Entire BCH Client Development Team At the beginning of this week, reports surfaced that , a Beijing-based Bitcoin mining giant has laid off…
ESMA Who? Retail Forex Volumes Peak in 2018
2018 has almost come to an end, so we here at Finance Magnates thought that now would be the perfect opportunity to take a look…
The Most-Read Stories on Finance Magnates for 2018
Most of you have read the most interesting stories on Finance Magnates in 2018. That said, it would probably be interesting for you to find…
Putin Spokesperson Supports Bank of Russia’s Forex Actions
After the shocking news from yesterday that Bank of Russia took away the licenses of all firms which are not bank subsidiaries, today none other…