The euro today largely traded sideways against the US dollar following yesterday’s significant recovery from lows last witnessed in mid-December. However, despite the recovery, analysts…
Posts published in January 2019
Blockchain, Pro Platforms and AI: Retail Trading Tech in 2019
Merry new year fellow Finance Magnates reader! We hope that you enjoyed the festive season and, whether you were spinning a dreidel or roasting a…
CoinText Launches SMS-Based Crypto Payments in Philippines
The Philippines is the next country to officially be connected by CoinText.io, a cryptocurrency wallet service that allows users to transact Bitcoin Cash (BCH) via…
JP Morgan Slapped With $1.6 Million Fine By Hong Kong Regulator
A Hong Kong regulator announced last week that it is fining HKD 12.5 million ($1.6 million). According to the (HKMA), the investment banking giant’s local…
Miles Eakers Joins VIBHS Financials in London
Miles Eakers, Business Development Manager at VIBHS Financial Ltd UKVIBHS Financials welcomes a new hire in the new year. The company attracted Miles Eakers as Business…
BitTorrent to Launch Tron-Based Cryptocurrency
BitTorrent announced this Thursday that they are going to be launching their own cryptocurrency. The new BitTorrent Token (BTT) looks set to be used as…
FX ECN Spotex Onboards GTX’s John Miesner as Head of Sales
FX electronic communications network (ECN) has added John Miesner to its leadership team as Global Head of Sales and Distribution. Spotex is a US-based ECN…
South Africa Appoints Working Group to Study Cryptocurrency
The South African government has established a dedicated regulatory working group to access cryptocurrency and blockchain concepts, as per a report of the local news…
Another Clone Comes Up, FCA Warns of Fake Leleux Brokers
The City watchdog has sounded an alarm over yet another , this time shedding light on a firm called ‘Leleux Associated Brokers’ that has been…
FCA Opens Fire on Defunct FX Scam-Turned-Crypto Broker
The Financial Conduct Authority (FCA) has issued a warning to investors over an unregistered brokerage firm that appears to be offering cryptocurrency-related derivatives in the…