After the fluctuations in the price of bitcoin over the past month, the cryptocurrency took another hit yesterday, when it dropped with a 7-day low level of $5,113, according to Coindesk and Bitfinex. The "people's currency" managed to bounce back and is now trading at around $5,669 reaching up to $5,725, with an increase of…
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With corporations and countries coming to invest and use the latest cryptocurrencies and exploit their benefits, The Gates Foundation is one of the first non-profit organizations to use a cryptocurrency for solving an issue. The Foundation chose Ripple's Inter Ledger Protocol to bring around 2 billion unbanked people to the modern world. Almost 60% of the…
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The City of London Police has disclosed that it carried out a series of coordinated raids this past Tuesday, October 17, aimed at stemming Binary Options fraud in the city. London authorities still call Binary Options fraud a "growing problem", with the police's Action Fraud stats showing that in just the first half of 2017, 697 people…
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After jumping up with 700% in the last year, with little fluctuations here and there, bitcoin turns out to be the hottest investment for a portfolio over the past two years. Now, as the technology behind bitcoin, blockchain, finds application in a series of industries, it is no wonder that some of the biggest and…
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Changes brought about under the latest Payment Services Directive, PSD2, mean that Marketplaces will no longer be exempt. For Marketplaces to remain exempt under PSD2, they should act only on behalf of the payer or the payee or not at any time enter into possession or control of client funds. Saxo Payments announced that it…
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The International Central Securities Depository (ICSD) Clearstream, which is part of Deutsche Börse Group, will continue to offer stable custody services no matter how the Brexit negotiations will evolve, Deutsche Börse just announced. This commitment is founded in Clearstream‘s core task, which is to absorb differences in regulatory frameworks. The company was established in 1970…
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Payments services company Paysafe Group Plc (LON:PAYS) report reveals merchant focus on convenience at the expense of security is a false economy More than half (55%) of consumers think fraud is an inevitable part of shopping online, according to new research conducted by Paysafe. In a wake-up call for online business, the Lost in Transaction…
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FX industry experts leveraging blockchain-inspired distributed ledger technology to cut cost and risk for FX market participants Solace, the provider of open data movement technology, announced today that Cobalt, which aims to reduce the cost, risk and complexity of FX post-trade processing, is using Solace to facilitate the event-driven flow of information. By harnessing the…
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ASIC has announced the latest enforcement outcomes from its Published Notices Website and Lodgement project, an industry-wide project to improve publicly available information about failed companies through testing all registered liquidators’ compliance with the requirement to lodge forms with ASIC and publish notices on our published notices website. In each of the below cases, the…
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The trading volume of stocks totalled RUB 767 bln in September. The average daily trading volume was RUB 36.5 bln, up 4% MoM. The T+2 sector made up 98% of the total secondary market trading volume and the T0 sector accounted for 2%. The MICEX Index was up 2.7% MoM to 2,077.19 at the end…
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