Sirin Labs and FIH Mobile have just announced that they will debut the design and manufacturing of FINNEY™, the world’s first blockchain-based smartphone. In December of 2017, Sirin Labs raised $157.8M for the development of the FINNEY™ family of consumer devices, which will include a smartphone and all-in-one PC. FINNEY™ devices are embedded with a…
Read moreThe Securities Commission Malaysia (SC) has announced that Prime Minister Y.A.B Dato' Sri Mohd. Najib bin Tun Haji Abdul Razak in his capacity as Minister of Finance has appointed Datuk Zainal Izlan Zainal Abidin as the SC’s new Deputy Chief Executive (DCE) which takes effect from 5 April 2018. Datuk Zainal Izlan replaces Dato’ Ahmad…
Read moreE-banking and international payments group FairFX Group (LON:FFX) has announced the achievement of two further milestones as part of its digital banking strategic plans, with the commencement of self-issuance of Mastercard branded cards and launching a commercial finance capability to its business banking customers. Self-issuance allows the Group to consider multiple options for issuance of…
Read moreThe U.S. Securities and Exchange Commission (SEC) has issued an Investor Alert warning investors of fraudsters claiming to be SEC employees in an attempt to trick investors into sending money or revealing sensitive account information. The alert makes clear that the SEC does not contact investors to confirm trades, set up trading accounts, or record the details…
Read moreThe following article was written by Reem Aboul Hosn, Research and Market Analyst Officer at Credit Financier Invest (CFI) Ltd. What triggered the sell-off in Oil prices earlier this week? One possible response is the impact of US policies on markets, and concerns about growth in global trade. Tariff Tensions In the latest escalating U.S.-China…
Read moreLeapRate has learned via regulatory filings that FCA regulated Retail Forex and CFDs broker Hantec Markets saw a decline in activity in its 2017 fiscal year (ended June 30, 2017), reversing the growth trend of the previous year. After seeing Revenues grow 62% the previous year, Hantec's Revenues declined by 33% in 2017 to £3.8 million (USD $45.4…
Read moreAmerican Financial Exchange (AFX), an electronic exchange for direct interbank lending and borrowing for American financial institutions, has just announced a record month of trading, with $11.75 billion traded across all products. The month of March had already seen a record day (with $735 million traded) and a record week (with $3.5 billion traded). AFX…
Read moreThe Autorité des marchés financiers (AMF) has just issued a public warning regarding the activities of the website https://epargne-eco.fr/, proposing savers to invest in various projects and pretending to be a crowdfunding advisor (CIP) – or about to be registered. The website https://epargne-eco.fr/ offers investors the opportunity to invest in different kind of projects as…
Read moreCyprus financial regulator CySEC has announced that it has issued a €30,000 fine to Leadcapital Markets Ltd. Leadcapital operates the Retail FX broker brands Trade.com and FINEXO. According to CySEC, the sanction was imposed because Leadcapital did not act honestly, fairly and professionally in accordance with the best interests of its clients in Romania, in a roughly…
Read moreSingapore Exchange (SGX) has announced the appointment of Mark Leahy as Head of Fixed Income. In this role, Mark Leahy will be responsible for executing the strategy for SGX’s bond trading business, SGX Bond Pro, including driving institutional participation. He will also continue to strengthen SGX’s Asia leadership in bond listings, maintaining the growth momentum…
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