Tempo, the crypto payment network simplifying the exchange process from crypto to fiat, has just announced that it is creating a payment network of any licensed crypto exchange globally. Operating on the Stellar DEX as the principal European anchor for Stellar, Tempo brings ease to crypto trading by facilitating the process on its online platform…
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The following article was written by Ramy Abouzaid, Head of Research at ATFX, UAE. Risk appetite hit as US warns of more tariffs on Chinese goods Global Economic Indicators This Week’s Economic Calendar Asian indices under pressure, yuan falling sharply against the US dollar The United States said it would impose tariffs on an extra $200…
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IdentityMind Global has announced that HBUS, which operates an online virtual currency marketplace in the U.S., has selected IdentityMind to provide anti-money laundering (AML) compliance for its marketplace. HBUS is the exclusive U.S. strategic partner of Huobi, the provider of virtual currency related services. HBUS is dedicated to AML compliance and has already registered with…
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The U.S. Securities and Exchange Commission (SEC) has announced that it has filed fraud charges against a second defendant in connection with a scheme to manipulate the price of Fitbit securities through false regulatory filings. According to the SEC's complaint, Mark E. Burns purchased Fitbit call options just minutes before he and his co-conspirator, Robert…
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AcadiaSoft, Inc., the industry provider of margin automation solutions for counterparties engaged in collateral management worldwide, today announced a new initiative, Agreement Manager, which will create an industry-wide, authoritative data store of legal and operational collateral agreement information for OTC Derivatives. A new AcadiaSoft Hub service, Agreement Manager, will match, store and exchange new and…
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After entering the market as a peer-to-peer marketplace with wallet support for over 40 altcoins, South-African-based Coindirect announced that it has now released an integrated trading exchange. This new tool will give advanced traders everything they need and more to make Coindirect their preferred cryptocurrency trading platform. Coindirect is aiming to disrupt the financial sector…
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The Stock Exchange of Thailand (SET) informed that it will list TEAM Consulting Engineering and Management pcl, an integrated consulting service provider for engineering and environmental services, including Environmental Impact Assessment (EIA) report preparation, on July 12, under the ticker symbol "TEAMG". The company has a market capitalization at its initial public offering (IPO) of…
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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 David Charles Cars. David Charles Cars is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The global clearing house LCH today announced that it has launched deliverable FX options clearing. Barclays, Citi and J.P. Morgan are among the first participants to use the service, with further banks expected to shortly start clearing the product. The move incorporates the first physical FX settlement service for cleared FX products, which LCH has…
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Market Synergy GmbH, a Swiss-based organisation which offers institutional standard cryptocurrency connectivity and security for banks, brokers and hedge funds has announced that it has been selected by Bitfinex, a leading cryptocurrency trading platform, to provide robust, high performance connectivity for institutional clients. Market Synergy has designed and built a bespoke network for Bitfinex, hosted…
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