B21, the wealth manager exclusively for crypto assets, has announced the launch of its free, interactive B21Life mobile app for Android and iOS. The first app to go live from B21, B21Life educates newcomers about cryptocurrencies, the technology behind them, and the investment process. The app provides training courses, simple explanations of crypto terms, and…
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Belize financial regulator IFSC has issued a Warning Notice regarding a company called Optima Tradings Global Investment Ltd. The entity is not licensed under the IFSC Act to provide, carry on, transact, or hold itself out as providing, carrying on, or transacting any of the international financial services as set out in the Schedule of…
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Australian regulator ASIC has required Morgan Stanley Wealth Management Australia Pty Ltd (MSWMA) to amend a false claim of independence that could mislead consumers and investors. The claim was made in an ASX announcement released by Praemium Limited on 5 June 2018. The ASX announcement included a quote from MSWMA which described its business as…
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Scammers are increasingly catching out people by impersonating well-known businesses or the police so they can get access to computers and steal money or banking information. The ACCC’s Scamwatch website has recorded a significant spike in these types of scams, known as remote access scams, with more than 8000 reports recorded in 2018 so far…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Federal Reserve Chairman Powell further established the Fed's monetary policy in a speech at the Jackson Hole Global Bank Central Bank's annual meeting on last Friday. However, Powell revealed that the Fed’s monetary policy rate hike conditions must increase inflation rate…
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Which Retail FX broker signed one of the largest sports sponsorships we've seen to date in the sector with not just one but seven (!) Premier League teams - and tied the deal to Bitcoin? For how much longer did ESMA extend its (temporary?) ban against offering Binary Options to retail traders in the EU?…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm BlackRock Crypto Asset Management Limited. 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…
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The CFTC has announced that a New York federal court entered final judgment ordering Patrick K. McDonnell of Staten Island, New York, and CabbageTech, Corp. d/b/a Coin Drop Markets (CDM), McDonnell’s New York-based company, to pay over $1.1 million in civil monetary penalties and restitution in connection with a lawsuit brought by the Commodity Futures…
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Geneva based Retail FX broker and bank Dukascopy has just announced that has extended the list of its CFD tradable instrument by introducing CFDs on Bonds. This new type of tradable instrument will see the introduction of German government bond (BUND.TR/EUR) and UK government bond (UKGILT.TR/GBP) at first, with the list of tradable bonds to…
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The Green and Sustainable Finance Cluster Germany has issued its baseline report presenting an inventory of sustainability activities at the financial centre of Frankfurt/Main. The report is the first publication from this cluster, created in spring 2018 in a merger between the Green Finance Cluster Frankfurt of the Hessian Ministry of Economics and the Accelerating…
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