The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Dartalon Ltd t/a Greenfields Capital and GFCInvestment. 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…
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The blockchain and cryptocurrency market are constantly facing regulatory backlash from around the world. The SEC in the US has just launched a special fintech office to better understand, and eventually, help regulate the ever growing market. Now, China has stepped up and has proposed certain blockchain-related regulations that may help the rest of the…
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Coinbase has just added its first stablecoin for its customers to "enjoy". According to the blog post that the company posted, the new coin will be none other but Circle's USD Coin or simple USDC, which is fully collateralized by the US dollar. Starting from today, October 23th, Coinbase users will be able to transact…
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Online dealer Tradeview has announced the release of TradeGATEHub, a fully interactive social trading site that allows traders to interact and engage remotely with professionals that have over 100 years of combined Wall Street and FX trading experience. Subscribers to TGH, or the GATE (Global Active Trading Environment), are provided analysis, stock market guidance, and…
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In connection with advancing research and discussion of the comprehensive exchange initiative as set out in the government’s growth strategy, the Tokyo Commodity Exchange, Inc. (TOCOM) has informed that it has today concluded a non-disclosure agreement (NDA) with Japan Exchange Group, Inc. (JPX) as a prerequisite for entering into concrete discussions. Moving forward, TOCOM will…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm SCBCUSGROUPS.COM. 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…
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HBUS, the U.S. strategic partner of Huobi, the blockchain asset solutions provider, has just announced Tiffani McCoy as General Counsel. McCoy previously served as the Assistant General Counsel at Intuit, where she drove new business initiatives while helping the company navigate complex regulatory frameworks on a global scale. Before Intuit, McCoy held leadership positions at…
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LeapRate Exclusive... LeapRate has learned that Nick Cooke has resigned his position as Managing Director of FCA regulated Retail FX brokerage Global Markets Group Limited (or GMG). Mr. Cooke had been with GMG since the company's formation in 2015, joining from LCG where he was Head of Private Client Sales & Partnerships. He had also previously worked…
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Fixed income traders using Refinitiv’s flagship financial desktop product Eikon now have greater choice and efficiency, and enhanced liquidity access with the integration of iQbonds from valantic Trading Solutions AG. iQbonds can be seamlessly integrated into a trader’s workflow using the Refinitiv Side by Side Integration API, enabling traders to make fast, efficient, and informed…
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Attorney General Barbara D. Underwood has announced that Wells Fargo & Company will pay a $65 million penalty following the Attorney General’s investigation into the bank’s fraudulent statements to investors in connection with its “cross-sell” business model, related sales practices, and the bank’s publicly reported cross-sell metrics. The misconduct at Wells Fargo was widespread across…
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