Researchers discovered a new cryptocurrency mining malware which is targeting vulnerable computers to mine Monero (XMR). Dubbed as GoLang, the malware is written in Go…
Posts published in July 2019
Singapore taxation agency on Friday published a report, proposing exemption of goods and services tax (GST) on cryptocurrency transactions “that function or are intended to…
FIA has recently published a report, calling for changes in the way relevant firms need to report exchange-traded derivatives (ETDs), claiming that the current framework…
The United States Securities and Exchange Commission (SEC) has played a major role in shaping the ways that regulations affect the cryptocurrency industry, particularly within…
Deutsche Bank to Boost FX as it Cuts 18,000 Jobs
With a morning of gloom settling over several global offices of Deutsche Bank, the foreign exchange desks of the firm remain largely unaffected by the…
Crypto exchange Bitfinex on Monday has announced that it spent 27 percent of the revenue generated from its first initial exchange offering (IEO) to repurchase…
After more than three years working for Swissquote, specialising in online trading services has promoted Romain Le Baud to Head of Marketing, Finance Magnates has…
Are Swiss Brokers Benefitting from ESMA’s Measures?
2018 saw a suite of changes to the retail trading industry in the European Union (EU) after the European Securities and Markets Authority (ESMA) implemented…
Italian Authority Nabs 5 for Promoting OneCoin
The Special Antitrust Unit in Verona has seized around 93 social pages and 7 websites which were promoting fraudulent cryptocurrency scams to the public. According…
It’s been another busy week in the foreign exchange (forex) and cryptocurrency industries. Central banks might be mobilising to shut down Facebook’s Libra before it…