CLS Group, a major foreign exchange settlement provider, has published its operational metrics for November, showing solid overall growth in the industry. Last month’s average…
Amana Capital Enters Over 80 Markets with 10 Year Completion
has announced on Monday that it completed its 10-year mark in offering financial services and is now serving both retail and institutional clients in over…
Is DeFi the Next Step in an Expanding Crypto World, or Simply a Bubble?
A strange thing happened in September 2020. Ethereum transaction fees skyrocketed, reaching as high as $15 per transaction. In fact, Ethereum transaction fees have been…
In a busy week for news, let’s take a look at the stories that dominated the fintech, forex and crypto worlds, in our best of…
Winds of Change – 2020 Fintech Wrap-Up
In a year that has been largely summarized by hardships and uncertainty, we have seen FinTech push to the forefront. In an industry that is…
Hoch Capital Pays €260.000 To Settle Year-Long Regulatory Spat
FX brokerage firm Hoch Capital Ltd has reached a settlement agreement with Cyprus Securities and Exchange Commission (CySEC) to resolve charges that violated the Cypriot…
Russian Officials to Disclose Crypto Holdings Following Putin Order
Russian government has asked public officials who own or trade cryptocurrencies to disclose their holdings, according to a new guidance signed by President Vladimir Putin…
Italy’s Watchdog Consob Blocks Another Four Broker Sites
The Commissione Nazionale per le Società e la Borsa (CONSOB) has shut down four new websites in an ongoing clampdown against firms it accuses of…
Huobi Derivatives Volumes Hold Steady in Q3, Hit $2.6T in Two Years
Huobi Futures, the crypto , today said a total of more than $2.6 trillion has been traded on the platform over the last two years.…
The Canadian dollar weakened against its US peer to close out the trading week, with energy prices and producer prices coming into focus. The loonie is still on track to record a modest…
Massachusetts Mutual Life Insurance (MassMutual), an American financial services company with more than 5 million clients, announced today that it has invested approximately $100 million…
DiDi, Meituan, Bilibili Participate in Suzhou’s Digital Yuan Test
Three Chinese internet giants, ride-hailing service, DiDi, food-delivery app, Meituan, and video platform, Bilibili, are participating in the country’s latest test with digital yuan in…