November 05, 2018 BY Valentina Kirilova

DIFC signs landmark agreement with China Banking Association

Dubai International Financial Centre (DIFC), the financial hub in the Middle East, Africa, and South Asia region (MEASA), has announced that it has signed a landmark Memorandum of Understanding (MoU) with China Banking Association (CBA). This will be a significant addition to the Centre’s global network of strategic partnerships. DIFC and CBA will collaborate on…

Read more
exness fx volumes
November 05, 2018 BY LeapRate Staff

Exness has second best ever month for FX trading volumes at $377 billion

FCA and CySEC licensed Retail FX broker Exness has reported an 8% rise in FX trading volumes for the month of October 2018, its second consecutive month of growing volumes following a relatively slow summer trading season. October volumes came in at $377.0 billion at Exness, versus $349.1 billion in September. The $377 billion figure represented Exness’…

Read more
Dash Text launches in Venezuela to enable payments via SMS
November 05, 2018 BY Valentina Kirilova

Dash Text launches in Venezuela to enable payments via SMS

Dash, the cryptocurrency for payments and e-commerce, has announced the launch of Dash Text, a Venezuela-based company providing SMS-based transactions for Dash. T his now provides a completely new way for users to acquire, store, and spend their Dash, while solving for one of the major barriers to entry in the cryptocurrency space — the…

Read more
Pepperstone office
November 05, 2018 BY LeapRate Staff

Exclusive: Pepperstone grows revenues 54% in 2018 to AUD $256 million

LeapRate Exclusive... LeapRate has learned via regulatory filings that leading Australian retail forex brokerage group Pepperstone has continued its impressive growth trajectory, growing the business by more than 50% in Fiscal 2018. Pepperstone has a June 30 fiscal year end, so the results described are for the year ended June 30, 2018. Fiscal 2018 completed…

Read more
November 03, 2018 BY Mariela Naydenova

Blockchain-based city in the Nevada desert

Jeffrey Burns is a lawyer and cryptocurrency millionaire, whose company, Blockchains LLC just bought a huge piece of land in the Nevada desert for $70 million. The plan of Mr. Burns includes the construction of a new blockchain-powered futuristic city. While the purchase happened this year, Mr. Burns has already engaged top architecture companies to…

Read more
clone firm FCA warning
November 02, 2018 BY Valentina Kirilova

FCA warns against Cryptobourse clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Cryptobourse. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to scam…

Read more
moex moscow exchange
November 02, 2018 BY Valentina Kirilova

MOEX FX market turnover up 12% MoM in October

Moscow Exchange (MOEX) has just released its market report for the month of October 2018. Total trading volume across Moscow Exchange’s markets increased by 12.5% to RUB 78.1 trln in October 2018 (up 10% MoM). Trading volumes grew on the Equity Market (+55.7%), Derivatives Market (+28.8%), Money Market (+14.9%) and FX Market (+11.4%). Equity and…

Read more
fma warning
November 02, 2018 BY Valentina Kirilova

French AMF warns against capitalncl.com unlicensed website

The Autorité des marchés financiers (AMF) has just warned the public about the activities of the website https://capitalncl.com/, which encourages retail investors to invest in various projects and falsely claims to have a crowdfunding adviser (CIP) license. The website https://capitalncl.com/ proposes investments in various projects and states in its general terms and conditions of sale…

Read more