It's 2018, the crypto market is going through the roof, Bitcoin's price still enjoys a huge volatility, and yet, we still don't know who Satoshi Nakamoto, the legendary creator of the "people's currency", is. However, there may be even more interesting things to consider other than the identity of Nakamoto. By the year of 2040,…
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George, the digital banking platform developed by Erste Group Bank AG’s in-house fintech, has officially been launched in Slovakia today, building on its success in Austria and growing popularity in the Czech Republic. George is already meeting the daily banking needs of approximately 2 million users across these markets: in Austria, George has already become…
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After coming with a decision to ban cryptocurrency trading, South Korea may be now reconsidering its decision. The country's government just came out with a statement saying that the ban will be enforced once enough consultation and opinions are coordinated and taken into consideration. According to the South Korea's news agency YonhapSoutht the South Korea's…
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The Federal Reserve Board, the Central Bank of the United States, on Friday announced that it has finalized a rule adjusting the Board's maximum civil money penalties, as required by law. In November 2015, a law was passed that requires all federal agencies to adjust their maximum civil money penalty limits annually for inflation, rather…
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Japan based online brokerage and trading provider Monex Group Inc. (TYO:8698) has announced that it has started taking on new clients in its recently established, ASIC licensed subsidiary in Australia, Monex Securities Australia Pty Ltd. And, from the looks of things, it seems as though Monex wants to carve itself a niche offering international investments to Australian…
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Barclays Plc (LON:BARC) has fired managing director David Fotheringhame after an order from the Department of Financial Services (New York regulator) two years ago, Bloomberg reported. Fotheringhame was sacked after a $150 million settlement between Barclays and the New York’s banking regulator. The agency had told the bank in 2015 to “take all steps necessary”…
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On October 16, 2017, the Canadian Securities Regulator (CSA) has published Staff Notice 51-352 Issuers with U.S. Marijuana-Related Activities. The notice outlined a disclosure-based approach to highlight risks facing issuers with U.S. marijuana-related activities and reflected the existence of a U.S. federal government forbearance approach (per the Cole Memorandum) to the enforcement of federal laws…
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On 10 November 2017, SIX Swiss Exchange announced the realignment of the company and the appointment of the new CEO, Jos Dijsselhof, who assumed office on 1 January 2018. Today SIX will appoint all members of the future Executive Board. The newly constituted Executive Board will take over operational management of SIX on 1 April…
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The following article was written by Adinah Brown, content manager at Leverate. Cryptocurrencies seem like the type of endeavor that will split the world into the haves and have nots. Despite its talk of democratization of currency via removal of the impact of central banks, cryptocurrencies practically are only available to those people with access to…
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CySEC regulated retail forex and CFDs broker JFD Brokers has announced that it has acquired 51% of established German investment bank ACON Actienbank AG. JFD did not give a price for the acquisition, but did state that it also holds an option to acquire an additional 20% of ACON in the future, which could take its…
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