Malaysia’s financial regulator has backlisted yet another group of FX and cryptocurrency websites, citing their brands are not authorised to operate in the country. Firstly,…
Posts published in November 2020
Chainalysis Becomes Newest Crypto Unicorn After $100M C Funding
Cryptocurrency crimefighter Chainalysis is set to raise $100 million in a Series C round that values it at $1 billion, Forbes reports on Friday. The…
Russian Ruble Flat As October GDP, Retail Sales Disappoint
The Russian ruble is trading relatively flat against several currency peers to close out the trading week. The ruble has witnessed a resurgence this week as foreign exchange traders poured into…
Canadian Dollar Rallies on Surging Oil Prices and Retail Sales Data
The Canadian dollar today rallied against its US peer boosted by the global crude oil prices kept rising and were on track to close higher for the week. The USD/CAD currency pair fell for the third…
SEC Chairman Says Weak Payment Mechanism Driving the Rise of Bitcoin
Jay Clayton, outgoing Chairman of the US Securities and Exchange Commission (SEC), said in an interview that Bitcoin was not a security, it was more…
Largest Peruvian Bank Taps Edgewater Markets’ for Pricing Technology
Edgewater Markets, a provider of foreign exchange and precious metals optimization software, announced on Friday that Banco de Crédito del Peru (BCP), the largest lender…
Revolut’s Singapore Compliance Head Rayson Tan Leaves
UK-headquartered Revolut’s Chief Compliance Officer in Singapore, Rayson Tan, has left the challenger bank to join Geneva-based private bank Pictet as Chief Risk Officer, Asia.…
California-based investment advisor for digital assets, DAiM announced the launch of the first employer-sponsored Bitcoin retirement plans in the US. DAiM is a licensed investment…
Japanese Companies to Test Private Digital Yen
After the decision of the Japanese central bank to , major private companies have now decided to participate in an experiment to launch a private…
LegacyFX Expands to South Africa and Appoints New Managing Director
LegacyFX is pleased to announce the launch of their South African entity and domain, , situated at 61 Katherine Street, Sandton, 2196, South Africa. The opening…