Bitcoin scam
October 18, 2018 BY LeapRate Staff

Bitcoin Ponzi scheme results in $2.5M fine to Gelfman Blueprint and CEO Nicholas Gelfman

The CFTC has announced that a New York federal court has ordered New York corporation Gelfman Blueprint, Inc. (GBI) and its Chief Executive Officer Nicholas Gelfman of Brooklyn, New York, to pay in total over $2.5 million in civil monetary penalties and restitution in what was the first anti-fraud enforcement action involving Bitcoin filed by the CFTC. James McDonald,…

Read more
SEC charges
October 18, 2018 BY Mariela Naydenova

The SEC with a new fintech office

After the SEC rejected a few Bitcoin ETFs and has been "wandering" around and chasing cryptocurrency companies, the regulatory body has decided to open a special office to deal with all crypto-related projects. The so-called Strategic Hub for Innovation and Financial Technology (FinHub) will be a connecting point between the SEC and the cryptocurrency industry, making…

Read more
FlexTrade adds Paul Beatty to team
October 18, 2018 BY Valentina Kirilova

Stephen Hammond MP joins regulated crypto exchange IronX

Stephen Hammond, MP, and Member of the UK Treasury Select Committee joins regulated Crypto Exchange IronX to advise on Government Relations, the exchange just announced. The joint venture between IronFX, an online trading and EmurgoHK company, developers of Cardano (ADA), the ninth-largest crypto Coin by market cap, aims to bring crypto trading to the mass…

Read more
STOXX Low Carbon products licensed to Italian bank IMI
October 18, 2018 BY Valentina Kirilova

STOXX Global Fintech Index licensed to Sumitomo Mitsui Asset Management

STOXX Ltd., the operator of Deutsche Boerse Group’s index business and a global provider of innovative and tradable index concepts, has licensed the STOXX Global Fintech Index to Sumitomo Mitsui Asset Management as an underlying for an investment fund. The index is comprised of companies associated with financial technology (fintech). These businesses use technology to…

Read more
Microsoft announces expansion of blockchain offering on Azure Cloud
October 18, 2018 BY Valentina Kirilova

Appsbroker launches Google Cloud market data platform

Appsbroker, one of Google's European Premier Cloud Partners, has just announced the launch of Appsbroker Cloud Data, the first native Google Cloud market data platform. Appsbroker Cloud Data delivers buy-side and sell-side firms flexibility in accessing market data at a lower cost compared to existing offerings, removing the dependencies on legacy market data infrastructure and…

Read more
sec charges
October 18, 2018 BY Valentina Kirilova

SEC charges investment adviser with fraud

The Securities and Exchange Commission (SEC) has announced charges against an investment adviser with a history of violating the securities laws for defrauding his close friends and community members. According to the SEC’s complaint filed Tuesday, from at least 2014 through at least 2017, Bruce J. Fixelle solicited investments from close friends he met through…

Read more
Paxos teams up with bitcoin payment service BitPay
October 18, 2018 BY Valentina Kirilova

ITFC and IRTI to develop innovative trade finance solutions

The International Islamic Trade Finance Corporation (ITFC) and the Islamic Research and Training Institute (IRTI), both members of the Islamic Development Bank (IsDB) Group, have signed a memorandum of understanding for collaboration to develop innovative trade finance solutions and enhance human resources for Islamic financial institutions. ITFC is a multilateral trade financing institution established to…

Read more
First Republic Bank joins S&P 500 index, replaces Scana Corporation
October 18, 2018 BY Valentina Kirilova

MPF selects FTSE Russell for new smart sustainability index

FTSE Russell, the global index, data and analytics provider, has announced plans to launch a climate and multi-factor index, the FTSE All-World Climate Balanced Comprehensive Factor Index in November 2018. Merseyside Pension Fund (MPF) has selected the index to support the implementation of its Climate Risk Strategy within the Fund’s listed equity portfolio. The objective…

Read more