The Canadian dollar is strengthening against its US peer on Tuesday as crude oil prices rallied to above $45. The loonie has surged by more than 1% this month, making the currency…
US Authorities Missed Millions of Dollars in Seized Crypto Wallets
Coinfirm, blockchain analytics and anti-money laundering (AML) solutions provider has discovered that the US authorities have failed to identify millions of dollars worth of forked…
Accuindex Onboards Husein Al-Koofee to Lead Cyprus Operations
Multi-regulated FX and CFDs broker, Accuindex has secured a new Executive Director for its Cyprus operations, appointing Husein Al-Koofee to the lead role. The appointment…
IRS Sends Warning Notices to Crypto Investors
The Internal Revenue Service in the United States (IRS) is reportedly sending warning letters to crypto holders again and claiming that they owe taxes on…
HKEX Plans to Launch a New Settlement Acceleration Platform
The Hong Kong Exchanges and Clearing Limited (HKEX) a new settlement acceleration platform for its Stock Connect programme to make the post-trade processes efficient for…
Deloitte’s Banking Report Forecasts the Future of Social Distancing
Deloitte published version 4 of its “Digital Banking Maturity” (DBM) report, which offers a detailed “mystery shopping” evaluation of the digital platforms of banks and…
Swissquote Assigns Karim Yakhloufi as Head of German Desk
Swissquote announced that it has assigned Karim Yakhloufi as its new Head of German Desk, effective immediately. Announced in a press release on Monday, Yakhloufi,…
TechFinancials Announces Investment in RenewSenses
Financial technology provider, TechFinancials announced today that it has entered into an investment in RenewSenses, an emerging startup focused on medical technology. The startup works…
Bitcoin’s “Curse of $20,000”: Will We See $20K Before Christmas?
For some, it must be almost frustrating that after a push past $18,000, Bitcoin seems to be in a healthier place than ever before. The…
Japan’s Leading Financial Firm Enters Crypto Lending
Major Japanese financial services company, SBI Holdings announced today that it has launched a new crypto lending service to allow users to earn an annual…
Securitize Gets SEC Nod for Broker-Dealer/ATS Acquisition
Security token firm said on Tuesday it got the green light from the US Securities and Exchange Commission to move forward with a duo of…
Yen Falls vs. Commodity Currencies, Holds Ground vs. Majors
The Japanese yen fell versus commodity currencies but managed to hold its ground against other most-traded currencies today. Markets remained under the impact of the positive coronavirus vaccine news, which…