Germany’s federal financial supervisory authority (BaFin) today warned investors of the activities of OMC Markets, an offshore FX broker that has been offering financial products…
Posts published in February 2020
Bitfinex Makes Another $100M Loan Repayment to Tether
Cryptocurrency exchange Bitfinex has allegedly paid back another $100 million to Tether, thus now covering more than 20 percent of its $700 million loan facility…
SEC Hands out $7M to Tipster Despite Calls to Cap Big Awards
An unidentified person who told the US top regulator about illegal activity at a financial institution will walk away with more than $7 million. The…
Wilshire Phoenix Reacts to SEC’s Dismissal of Their Bitcoin ETF
The Securities and Exchange Commission (SEC) on Wednesday has once again crushed the hopes for a by rejecting Wilshire Phoenix’s rule change proposal. The New…
US Dollar Rallies As Market Turmoil Spurs Safe-Haven Demand
The US dollar is rallying against several major currency rivals at the end of the trading week, driven by the financial market turmoil that has spurred safe-haven demand for the greenback. While the global coronavirus…
Canadian Dollar Falls on Weak Oil Prices, Spikes On In-Line GDP Data
The Canadian dollar today extended its losses against the US dollar for the third consecutive day as global crude oil prices fell to lows last…
Globitex Selects Bitfury’s Crystal Blockchain for Stronger AML
Globitex, a European cryptocurrency exchange, announced this week that it has teamed up with Crystal Blockchain, in order to boost its anti-money laundering capabilities. Crystal…
Litecoin Foundation, MeconCash Partner for Korean Fiat Withdrawal
announced on Friday its partnership with MeconCash to integrate Litecin into M.Pay, enabling the withdrawal of the digital currency for Korean won across over 13,000…
Monex Group to Buy Out Credit Saison and Raisonnable in Joint Venture
Monex Group, Inc., , announced this Friday that it has come to an agreement to make Monex-Saison-Vanguard Investment Partners a wholly-owned subsidiary of the Group.…
Anthemis’ New Fund Raises $90 Million to Back Insurtech Firms
Anthemis, a financial services venture capital firm, has raised $90 million for a new fund, aiming to invest in fast-growing insurance technology startups. Reported by…