The Australian dollar versus the New Zealand dollar currency pair is having a hard time in its efforts to conquer higher prices. Long-term perspective The depreciation that started from 1.0865, after…
Posts published in December 2019
i2c Ties with Wirex to Launch Fiat-Crypto Travel Card
Payments processing company i2c and Wirex, a fiat and payments platform, joined hands to launch a multi-currency travel card for the Asia Pacific region. Announced…
Blockchain Services Are Booming but Security Is Lacking
The rapid pace of market shows no sign of letting up, according to a November study by industry analysts CryptoCompare. The London insights firm’s Q3…
What We Learned from BIS’s Latest Report on FX Market
Daily turnover in OTC FX markets in April 2019 reached $6.6 trillion, up from $5.1 trillion three years earlier, while the US dollar retained its…
FCA Flags Rockwell Amid Crackdown on Unregulated Asset Managers
Britain’s financial regulator is ramping up its scrutiny of unregulated investment managers. Today, the FCA warned against a company called ‘Rockwell Investment Management,’ which claims…
SEC Hits Binary Option ‘Affiliate Marketers’ with Record Fines
The US Securities and Exchange Commission has imposed more than $60 million in fines and penalties against three US-based . Timothy Atkinson, his former business…
US Dollar Slides Despite Bullish Data in Final Stretch of 2019
The US dollar is slipping against multiple publicly-traded currency rivals to kick off the holiday-shortened trading week and wind down 2019. The buck, which has pared most of its gains this…
Euro Rallies to 5-Month Highs on US-China Trade Headlines
The euro today rallied against the US dollar extending Friday’s gains as the greenback struggled to keep up with its global peers given the elevated market risk appetite. The EUR/USD currency…
Coinbase Wallet Considering to Remove DApp Browser
Crypto exchange wallet platform Coinbase Wallet is considering to remove its decentralized applications (DApps) browsing feature from its mobile application. According to a Reddit post,…
Korean Tax Authority Slaps Bithumb with $69 Million in Withholding Tax
The Korea Tax Service has imposed a withholding tax of 80 billion won (over 68.9 billion) on the country’s crypto exchange . Reported by multiple…