Another busy week has gone by in the foreign exchange (forex) and cryptocurrency industries. TRADE.com expanded to become a multi-asset broker and Hong Kong has…
Posts published in November 2019
Tools for Brokers Upgrades BBI Platform, Adds More CySEC Reports
Tools for Brokers, , announced this Friday that it has introduced automation for its Brokerage Business Intelligence (BBI) platform which allows clients to automatically generate…
CySEC Suspends ‘in whole’ CIF License of Opteck Parent
The Cyprus Securities and Exchange Commission () on Friday confirmed that it has wholly suspended the Cyprus Investment Firm (CIF) License of Centralspot Trading, which…
Saxo Bank’s FX Volumes Rise 10% in October 2019
FX trading through Danish multi-asset brokerage Saxo Bank rose to $141.2 billion in October 2019 compared to previous month, as political events globally maintained investors’…
OANDA Names Saxo’s Lucian Lauerman Head of Business Solutions
Lucian Lauerman, global head of electronic distribution at Saxo Bank, leaves the Danish broker after seven years of work to join as Head of Solutions…
US Authorities Hit Yukom Owners, 13 Staff with Fraud Charges
Three months after former CEO of Israel-based Yukom Communications was found guilty for her participation in a $140 million binary options scheme, her former bosses…
Bitcoin Could Benefit From Crypto ‘Whale’ Extinction: Report
In a recent conducted by crypto trading platform SFOX, Whale Alert co-founder Frank Weert said that the effect of so-called crypto “whales”, or individual entities…
Digital Securities Firm Propine Enters MAS Fintech Sandbox
The Monetary Authority of Singapore’s (MAS) on Friday has admitted digital securities startup Propine in its fintech regulatory sandbox and also granted a conditional license…
First China, Now Europe: Libra & the Dawn of Sovereign Cryptos
The advent of Facebook’s Libra project has caused quite a bit of regulatory stir across the world. Government bodies on nearly every continent have come…
FBI Director Says Crypto is a ‘Significant Issue’
Christopher Wray, the director for the United States Federal Bureau of Investigation, before the Senate Homeland Security Committee on November 5th as part of a…