Paysafe Group, a global payments provider, expanded its partnership with yet another tech giant, activating its paysafecard as a payment option in the Microsoft Store…
Posts published in December 2020
Exclusive: Euronext to Discontinue FX Tape Streaming Service
Finance Magnates has learned that , which operates the biggest pan-European exchange, will discontinue its FX Tape service, which provides a central reference point for prices…
SEC Proposes 5-Year Relief for Broker-Dealer Custody of Digital Assets
The US Securities and Exchange Commission (SEC) has proposed a time-limited relief for crypto custodians amid industry requests for clarity on whether they can hold…
XRP Plummets 25% after SEC’s $1.3 Billion Lawsuit against Ripple
The US Securities and Exchange Commission (SEC) announced yesterday that it has filed a lawsuit against Ripple Labs and its two executives. XRP crashed more…
Anthony Scaramucci’s SkyBridge Capital Invests $25 Million in Bitcoin
Anthony Scaramucci, Manager of SkyBridge Capital and the Trump administration’s former Communications Director, revealed that his hedge fund invested $25 million in Bitcoin. Talking to CNBC on…
Russian Politician Anticipates Cryptocurrency Issuance Surge in 2021
Anatoly Aksakov, a key member of the Russian State Duma and the head of the financial markets committee mentioned in a statement that the cryptocurrency…
SEC Seeks $2 Million Fine from Unregistered ShipChain ICO
The United States Securities and Exchange Commission (SEC) has issued a cease and desist order against ShipChain, a blockchain company that raised $27.6 million in…
Interactive Brokers Expands European Business with Entity in Ireland
Interactive Brokers Group announced today that it has established an entity in Ireland to fuel the regional growth. The broker created the new office to…
Finotec Trading 2019 Revenue Dips 31%, Shifts Focus to Fund Management
FCA-regulated , Finotec Trading UK Limited (FTUK) has published its annual financials for the year ending on December 31, 2019, showing mixed performances across various…
ActivTrades Receives License for Luxembourg Office
ActivTrades, an online FX and CFD broker, announced today that the has received a license for its Luxembourg office. The broker plans to make the…