On the morning of 20 January 2021, Joe Biden will take Donald Trump’s place as president of the United States of America. Every eight years…
Posts published in November 2020
Exclusive: CFI’s UK CEO Richard Wynn to Step Down
Richard Wynn, the Chief Executive Officer of Credit Financier Invest’s () United Kingdom operations, is leaving the brokerage at the end of November, Finance Magnates has learned.…
Financial Commission Adds FX Broker Doto to Membership Roster
The Financial Commission (FinaCom) today announced that it has added Doto to its member roster, which is made up of online brokerages operating in FX,…
Algorand Accelerates Adoption of Its Blockchain with Partner Program
Major blockchain platform Algorand is launching a new partner program for developers and entrepreneurs building on , designed by cryptography expert and Turing Award-winner, Silvio…
Avatar Social Network IMVU Gets SEC Nod for Token Sale
The US top regulator today issued a No Action Letter assuring operatives of a cryptocurrency-based startup called IMVU that it will not take an enforcement…
Texas Watchdog Acts against 15 FX, Crypto and Binary Option Brands
The Texas State Securities Board (TSSB) is following through on its promise to crack down on online trading fraud. Today, the TSSB ordered 15 FX,…
Turkish Lira Rallies As Central Bank Sends Message to Markets With Sharp Rate Hike
The Turkish lira is enjoying one of its best rallies in 2020 as the central bank raised interest rates and sent a message to financial markets that reforms were on the way. Soon after President…
Euro Falls Against Dollar on Risk-Off Mood, Rallies on US Jobless Claims
The euro today fell against the resurgent dollar for the second consecutive day as the impasse regarding the EU’s budget weighs down the single currency.…
Binance Files Lawsuit against Forbes over Misleading Article
Cryptocurrency exchange Binance has filed a lawsuit against US-based Forbes media and two cryptocurrency journalists over a story published last month. The exchange said that…
New Zealand’s FMA Warns against Rising Investment Scams
The Financial Markets Authority (FMA), New Zealand’s financial market regulator, revealed on Wednesday that one in every five New Zealanders was a target of financial…