INTL FCStone’s Carsten Hils discusses the impact the current crisis has on FX markets
January 12, 2018 BY Valentina Kirilova

Cryptocurrency operations forge ahead despite rising regulatory concerns

Mentioned in an article regarding the cryptocurrency market published recently on CBSNews.com MoneyWatch , a small bright spot for the cryptocurrency future, JPMorgan Chief Executive Jamie Dimon told Fox Business News he regretted calling bitcoin a "fraud" and threatening to fire employees who traded the digital money. Though Dimon described bitcoin's underlying blockchain technology as…

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January 12, 2018 BY Valentina Kirilova

FIA Tech launches Secure Lockbox for indirect clearing data

Another news from FIA Tech today, the company announced the expansion of its Owner & Controller Repository (OCR) service to securely and confidentially store data for firms offering indirect clearing services under MIFID II. The new Indirect Clearing Lockbox capability allows indirect clearers to store their client account data securely to be accessed by their…

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January 12, 2018 BY Valentina Kirilova

Latoex launches Ethereum blockchain trading platform for digital assets

Latoex, the development company that introduces the financial industry of Latin America to the crypto space, just announced its trading platform for digital assets. The trading platform, named Andes, provides ready-to-use tools to implement the strengths of blockchain into traditional assets. From comprehensive technical analysis to descriptive components - the platform grants its financial institutions…

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Regulation
January 12, 2018 BY Valentina Kirilova

ASIC acts against Melbourne-based financial services and credit business

The Federal Court of Australia informed that it has made interim orders restraining Financial Circle Pty Ltd (Financial Circle) from engaging in a number of activities including carrying on a financial services business, providing financial advice or entering into credit contracts. ASIC commenced proceedings in the Federal Court against Financial Circle on 15 December 2017…

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warning
January 12, 2018 BY Valentina Kirilova

FCA issues list of unauthorised binary options providers

The Financial Conduct Authority (FCA) has today published a list of 94 firms without FCA authorisation that it understands to be offering binary options trading to UK consumers. Since January 3rd 2018, firms involved in binary options trading in the UK have been required to be authorised by the FCA. Firms that are not authorised…

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January 12, 2018 BY Valentina Kirilova

MetaQuotes stops selling MT4 platform licenses

Forex trading platform developer MetaQuotes just announced that it has stopped selling MetaTrader 4 platform licenses to new customers. The MetaTrader 4 trading platform was released more than 12 years ago. Its architecture was designed under the limitations of that time, due to which it is no longer possible to implement new features that meet today's…

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January 12, 2018 BY Mariela Naydenova

Korean banks and their rally against cryptocurrencies

The crypto market is rumoured to reach 10% of the world GDP by five to 7 years, thus booming to around $7 trillion in market capitalization. With the current growth of digital currencies, some of the heat is coming off with Korean banks trying to block virtual accounts. The Korean government is working to phase…

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