Volavia launches blockchain-based platform for private air travel
October 30, 2018 BY Valentina Kirilova

Volavia launches blockchain-based platform for private air travel

Private aviation technology company Volavia has announced the launch of the first blockchain-based platform for private air travel. Volavia uses smart contracts to manage bookings, itineraries, and payment details on the blockchain, providing full transparency to all parties involved in booking private air charter flights including passengers, brokers, and aircraft operators. Backed by a seasoned…

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Japan
October 30, 2018 BY Valentina Kirilova

NETELLER digital wallet now live in Japan

NETELLER, a digital wallet provider and part of Paysafe Group Plc (LON:PAYS), has just announced that it is now live in Japan. Having been issued a license from the Kanto Local Finance Bureau (KLFB), the popular wallet service is available for merchants and consumers across the country. The Japanese roll-out of the NETELLER digital wallet…

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TechFinancials teams up with ex Liverpool FC CEO Ian Ayre’s Footies to establish NewCo
October 30, 2018 BY Valentina Kirilova

TechFinancials partners with ex Liverpool FC CEO Ian Ayre's Footies in blockchain venture

Binary options platform and broker turned Blockchain company TechFinancials Inc (LON:TECH) has announced that it has entered into non-binding heads of terms with Footies Tech Ltd, a Blockchain based ticketing platform for sports venues and teams, with respect to establishing a new company subsidiary (NewCo). Footies is chaired by Ian Ayre, who was previously Chief…

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ASIC
October 30, 2018 BY Valentina Kirilova

ASIC disqualifies two separate Queensland SMSF auditors

Australian regulator ASIC has today announced that it has disqualified two separate self-managed superannuation funds (SMSF) auditors, John Gilliland and Douglas Coghlan, of Queensland, for breaching independence requirements. ASIC found both Mr Gilliland and Mr Coghlan had separately breached auditor independence requirements in auditing their own funds, the fund of an immediate family member and…

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Binance seeks to curb SEC’s hunt for “fraud”
October 30, 2018 BY Valentina Kirilova

eToro adds the Binance Coin to its product range

FX broker eToro has announced that it has added the Binance Coin (BNB) to its product range. This brings the total number of cryptoassets available on eToro to thirteen. eToro is the first platform to offer BNB to investors and traders to buy or sell using fiat. BNB is a token issued by Binance, which…

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IG Group June Felix CEO
October 30, 2018 BY Valentina Kirilova

IG Group hires Verifone exec June Felix as CEO

UK online trading leader IG Group Holdings plc (LON:IGG) has announced the appointment of June Felix as Chief Executive Officer (CEO) of the Group and as an executive director on the Board of IG with immediate effect. The move comes just one month after IG CEO Peter Hetherington announced his surprise resignation. Until the recent…

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October 29, 2018 BY Mariela Naydenova

China - cryptocurrency is property, not currency

Countries around the world are still struggling to classify cryptocurrencies. The SEC even created a special office to deal with fintech and new digital assets. China has come out to classify cryptocurrencies as legal properties, and not legal currencies. The Shenzhen Court of International Arbitration (SCIA) has ruled out that digital coins, especially Bitcoin, are…

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fca warning
October 29, 2018 BY Valentina Kirilova

FCA warns against Youcompareinsurance firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Youcompareinsurance. Youcompareinsurance is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which require authorisation:…

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