The SEC has officially opened a new office to deal with fintech and cryptocurrencies. The interest for a Bitcoin ETF is rising, even though the SEC already rejected a few "offers" from investors such as VanEck. Now, the regulator has opened its doors for more discussion and proper understanding of digital coins. VanEck and the…
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Coinbase's user base and growth have both been remarkable in the last couple of months, especially when Bitcoin was hitting $20,000 in December 2017. The crypto platform has also added new "offerings" in its portfolio, including Bitcoin Cash and 0x. Now, the San-Francisco-based unicorn has secured a Series E funding round worth $300 million. Having…
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Deutsche Börse AG has published its results for the third quarter of 2018 on Monday. The company generated adjusted net revenue of €651.4 million, an increase of 13 per cent compared to the previous year (Q3/2017: €576.3 million). At €260.1 million (Q3/2017: €247.4 million), adjusted operating costs were up 5 per cent year-on-year. Adjusted earnings…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Arvato Financial Solutions. 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…
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FCA regulated FX liquidity and Prime of Prime solutions provider CFH Clearing has announced that it has formed a strategic partnership with oneZero Financial Systems, a technology and infrastructure provider for financial institutions and retail brokers. This partnership means CFH can now provide local liquidity from New York (NY4) to brokers and banks. CFH now offers local…
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The Cyprus Securities and Exchange Commission (CySEC) has just announced that, on 9th October 2018, the Company Providing Administrative Services Midland Consult Cyprus Ltd (the ‘Company’), waived its authorisation pursuant to section 16 of the Law Regulating Companies Providing Administrative Services and Related Matters of 2012, as in force (the ‘Law’). Therefore, the Company’s authorisation…
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Montréal Exchange (MX), Canada's derivatives exchange, has just announced a joint initiative with the Montréal Institute for Data Valorization (IVADO) to explore innovative market data analysis and surveillance solutions. Under the terms of the three-year agreement, market experts from MX's Regulatory Division (MX-R) will collaborate with IVADO data scientists and analysts to study exchange data…
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Deutsche Börse Group and RegTek.Solutions, the global provider of regulatory reporting solutions, have announced a strategic partnership to deliver a certified testing and pre-validation service for clients of Deutsche Börse’s Regulatory Reporting Hub. Available from the fourth quarter of this year, the new service addresses feedback from clients and regulators on ongoing challenges with the…
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Trading solutions provider Spotware has announced the appointment of Alexander Geralis as Chief Product Officer of cXchange, its digital asset exchange solution. In his new role, Alexander will undertake the overseeing of the product’s development and raising awareness on the international arena. Alexander Geralis stated of his appointment: I am proud to join Spotware’s team…
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Retail FX group IronFX has announced that it will add the PumaPay Token (PMA) as a funding method as well as a base currency on its trading platform, hence now PMA holders can fund and manage their trading accounts in PMA on the IronFX platform. PMA will also be available on IronX, a regulated cryptocurrency exchange…
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