The Basic Attention Token or BAT is built on the Ethereum network, aimed at improving the digital advertising industry. According to its website, BAT will be the token for a fully decentralized and efficient blockchain-based digital advertising platform. The goal of introducing BAT in one’s business is to keep the customers’ data private, while delivering…
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The software platform Vereign has just announced its plans to bring authenticity and privacy to day-to-day online communication. By seamlessly integrating into existing applications such as emails, office applications, chats and browsers, Vereign is able to add verification processes, authenticity and privacy to a user’s identity and data. Overall, Vereign aims to better the quality…
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Continuing to reshape its senior management team after control of the company passed to China's Geely Group, Copenhagen based Retail FX broker Saxo Bank has announced two changes to the Board of Management, involving two current executives at the company. The latest changes include: Board of Management member Søren Kyhl has been promoted to Deputy CEO…
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Hello Group, a white label technology provider, operating across several industries, including trading and blockchain technology, has announced a new project called Hello Diamonds. The goal of the company is to provide a platform for the seamless investing in precious minerals, while simultaneously offering the world’s first fully diamond-backed cryptocurrency. Hello Diamonds’ innovative approach convinced…
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Louis Delétraz, the Swiss racing driver sponsored by FCA regulated FX brokerage ADSS, has announced he will have his first run in an F1 car at the post Abu Dhabi Grand Prix testing session, on the 28th November 2018. Louis Delétraz will test the current-spec Haas VF-18 on the second day of the three-day session, which…
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Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) have established a bilateral financial arrangement of USD 10 billion equivalent. The arrangement will enable the two central banks to access foreign currency liquidity from each other, if needed, to preserve monetary and financial stability. The bilateral financial arrangement, which will be in place for…
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The total value of shares that were bought by non-Jordanian investors at the Amman Stock Exchange (ASE) in October 2018 was JD356.6 million, representing 76.9% of the overall trading value, while the value of shares sold by them amounted to JD362.9 million. As a result, the net of non-Jordanian investments in October 2018 showed a…
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Australian regulator ASIC has just informed that a Melbourne-based financial services and credit business has been ordered by the Federal Court to pay penalties of $8,980,000 in total after it engaged in numerous contraventions of financial services, credit and consumer protection laws. Financial Circle offered personal loans to consumers of up to $5,000 that could…
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LeapRate Exclusive... LeapRate has learned that Pepperstone UK Managing Director Iain Rogers has resigned his position in the company. And, following a brief garden leave, Mr. Rogers plans to join FCA regulated institutional FX and CFDs broker Global Market Index Limited (GMI UK), as the company's new COO. Iain Rogers joined Pepperstone about a year and…
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Singapore Exchange (SGX) has announced that it will sign Memorandums of Understanding (MOUs) with Zhejiang (S) Entrepreneurs Association (ZJEA) and China Futures Association (CFA), in an effort to further strengthen ties with China as part of its multi-asset, international growth strategy. The signing ceremonies will take place tonight at a gala dinner in Beijing to…
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