Huobi DM volumes
August 16, 2018 BY Valentina Kirilova

Cryptocurrency trading platform Huobi joins GLASS network and invests in SharesPost

SharesPost, a provider of liquidity solutions to the private growth asset class, has announced that Huobi, China’s largest cryptocurrency and blockchain token exchange and second largest worldwide, has joined the Global Liquidity and Settlement System network (GLASS). When GLASS becomes operational, Huobi will be able to settle secondary trades of digital securities by U.S. investors…

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saxo bank office
August 16, 2018 BY LeapRate Staff

Saxo Bank 2018 first half Revenues decrease to $230 million

Copenhagen based Retail FX and CFDs broker Saxo Bank has reported its results for the first half of 2018, indicating an overall slowdown in business. On the top line, in what the company said was a period with low market volatility and the introduction of a new competitive pricing structure, Revenue for the Group reached…

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August 16, 2018 BY Valentina Kirilova

Robinhood equity token goes live for funding on Swarm

Swarm, the blockchain for private equity, has announced that pre-funding of the Robinhood Equity Token (RHET) is now live on the Swarm platform. Starting today, accredited investors can reserve their stake in a fund created for the purpose of holding equity in Robinhood. The first security token of its kind, once the minimum funding goal…

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StoneX Group announces stock ticker symbol change to SNEX
August 16, 2018 BY Valentina Kirilova

iPayment re-brands as Paysafe

Following its recent US acquisition of iPayment Holdings, Inc., payments solutions provider Paysafe (LON:PAYS), parent company of Skrill and NETELLER, has announced it plans to sunset the iPayment brand and replace it with its own recently re-launched brand identity and ‘Plug into Paysafe’ proposition. The over-hauled Paysafe brand strategy, which was revealed in May, and is…

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SFC fines
August 16, 2018 BY Valentina Kirilova

SEC fines Ameriprise Financial Services $4.5 million

The Securities and Exchange Commission (SEC) has announced that Ameriprise Financial Services Inc. will pay $4.5 million to settle charges that it failed to safeguard retail investor assets from theft by its representatives. According to the SEC’s order, five Ameriprise representatives committed numerous fraudulent acts, including forging client documents, and stole more than $1 million…

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fca warning
August 16, 2018 BY Valentina Kirilova

FCA warns against Schroeder Law 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 Schroeder Law Firm. Schroeder Law Firm is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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August 16, 2018 BY Mariela Naydenova

AT&T gets a $224 million-lawsuit from an angry Bitcoin investor

The world's largest telecommunications companies in the world, AT&T, is getting a lawsuit for $224 million-suit form a Bitcoin investor, according to whom, he lost a considerable amount of money due to AT&T's negligence. Michael Terpin is now suing AT&T for $24 million, because, in his, opinion, the mobile provider has "allowed" a hacker to…

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August 15, 2018 BY Mariela Naydenova

The Caribbean Islands with state-owned digital coin

Bitt Inc. is a fintech company based in the Caribbean Islands, in Barbados, that uses blockchain to aid P2P payments via mobile applications. The company has recently signed a Memorandum of Understanding with the Central Bank in the Caribbean Islands or CBCS (Central Bank of Curacao and Sint Maarten) for the development of a government-owned…

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