Crypto startup is aiming to raise a $100 million venture capital fund for its freshly acquired equity crowdfunding platform SeedInvest. The development has been revealed…
Posts published in August 2019
Multiple Partners of Libra Association Considering to Back Out
Facebook’s cryptocurrency project is facing another roadblock as some of its Libra Association partners are considering to end their alliance amid growing regulatory tension. According…
Revolut Hires Ex-Goldman, N26 and Visa Execs
Challenger made some major changes to personnel on Friday. The London-based firm, which now has over 5 million customers, confirmed that Wolfgang Bardorf has been…
JPMorgan Details Next-Gen FX Trading Algos
With the ever growing electrification of the foreign exchange market, the use of machine learning tools is gathering speed and changing the landscape once more.…
Huobi DM Launches Real-Time Settlement for BTC Futures
Huobi Derivative Market (DM) has announced instant settlement for its BTC derivatives contracts. The move, a first for the crypto derivatives sector, will enable traders…
Plus500 Reveals its Take on ASIC Proposed Restrictions
The Australian financial watchdog has received one more response to its latest swipe against the sale of risky investment to retail investors, with Plus500 showing…
Brokers Breaking Rules With Offshore Activity
On Tuesday, Finance Magnates found that some European-regulated brokers to their offshore entities that will allow them to trade with higher leverage. Many in the…
Goldman Applies for Majority Stake in China Joint Venture
Goldman Sachs has applied to gain clearance from the China Securities Regulatory Commission to take its holdings in Beijing-based Goldman Sachs Gao Hua Securities from…
Chainalysis Adds ‘Suspicious Alerts’ to Compliance Solution
Blockchain intelligence platform has enhanced its KYT solution, which helps token issures comply with regulatory requirements across different jurisdictions, with the addition of suspicious crypto…
Ripple’s Array of Partners Expands as Xendpay Joins RippleNet
UK remittance firm Xendpay is joining other big companies that are already using Ripple’s product across their payment services – MoneyGram, Standard Chartered Bank, American…