US-based financial services company, Robinhood has selected Goldman Sachs to lead the process of an initial public offering (IPO) with an expected valuation of more…
Seoul Police Indicted Coinbit Executives for Market Manipulation
December 9, 2020
The Seoul Metropolitan Police Agency has officially brought charges against the chairman of local crypto exchange, Coinbit and two other unnamed executives for manipulating the…
Coinbase UK 2019 Turnover Slides 38%, Hurts Profits
December 9, 2020
Coinbase UK, the London-based subsidiary of the leading American crypto exchange, has published its annual financial details for 2019, showing a 38 percent decrease in…
Latin America Reports Surge in Bitcoin Trading
December 9, 2020
LocalBitcoins, a peer-to-peer bitcoin marketplace recently announced its biggest markets in 2020. Venezuela and Colombia have accounted for more than 23% of the total bitcoin…
State Street Adds Four FX Algos on BidFX
December 9, 2020
Boston-headquartered State Street, a financial services giant, has added its four foreign exchange (forex) algorithmic strategies on , a provider of electronic forex trading solutions.…
Standard Chartered announced today that it has collaborated with Chicago-based financial services company, Northern Trust to launch a custody service for institutional cryptocurrency investors. Dubbed…
Graham Ferguson to Step Down as CFO of First Derivatives
December 9, 2020
First Derivatives (AIM: FDP.L, Euronext Growth: FDP.I) announced on Wednesday that Graham Ferguson has revealed his plans to step down from his position as Chief…
Dutch Regulator Plans Restrictions on Turbo Certificates
December 9, 2020
The Netherlands Authority for the Financial Markets (AFM) has initiated a public consultation on Wednesday on its proposal of imposing restrictions on the retail sale…
B2Margin: Learn How to Launch Your Margin Exchange in 3 Weeks!
December 9, 2020
The value of Bitcoin has recently hit record heights and all institutional brokers and exchanges are now actively into crypto! Even the largest exchanges have…
Bitcoin & Biden: How Will the New Administration Treat Crypto?
December 9, 2020
Earlier this week, Circle Chief Executive Jeremy Allaire CNBC’s Squawk Box that he believes that the incoming Presidential Administration and President-elect Joe Biden will “ultimately…
Singapore’s Fintech Investments Jumped 300% in Q2
December 9, 2020
Singapore fintech association released a report in partnership with management consulting firm, Oliver Wayman which shows that the total financial technology investments jumped more than…
World’s Top Hedge Fund Manager Compares Bitcoin with Gold
December 9, 2020
American billionaire hedge fund manager and founder of Bridgewater Associates, Ray Dalio said that bitcoin and other cryptocurrencies have established themselves as alternative assets in…