The People’s Bank of China (PBoC) is planning to launch its much anticipated central bank-backed digital currency (CBDC) in two cities – Shenzhen and Suzhou…
Posts published in December 2019
Saxo Bank Reports Worst Monthly FX Volumes in 4 Years
November has proven to be a , with firms widely reporting a drop in their trading volumes. Joining the growing list of brokers in this…
IDEG Launches 2 Bitcoin Trusts in Asia
Digital asset management firm IDEG Investment on Sunday announced the launch of two crypto trusts – Asia Bitcoin Trust I and Atlas Mining Trust I.…
On the strength of their solid user base of more than 6,000 digital agencies and web professionals, Duda recently announced a from private equity firm…
South Korea to Impose Capital Gains Tax on Crypto
Properly taxing earnings from crypto is a all over the world, however, the South Korean government has finally found a way. The South Korean Ministry…
Bison Trails Founder on Libra Membership & $25.5M Funding Round
The adoption of blockchain technology is on the rise–slowly, perhaps, but surely. The market has grown considerably over the last several years, and is expected…
HSBC COO to Step Down, Amid Senior Management Changes
There’s been a number of changes to the senior management team at HSBC, which have been made as part of the next phase of the…
Ho, Ho, Ho, or No, No, No: WIll BTC See a Santa Rally This Year?
Well, folks, it’s almost that time of year again. Q4 is drawing to a close, chestnuts are roasting on an open fire, and Bitcoin…
OKEx to Launch Crypto Options Trading Later This Month
Crypto exchange on Monday announced its plan to launch a crypto options trading platform. Dubbed OKEx Options, the platform will be based on an upgraded…
Robinhood Hits 10m Users, GO Markets Enters Europe: Editor’s Pick
With the end of the week quickly approaching, let’s take a look back at the most interesting news that affected the foreign exchange (forex) and…