In September 2017, a house was sold on the blockchain technology for the first time. The property is a flat with a price of $60,000 in Kiev, Ukraine, reported New Scientist. The transaction was facilitated entirely through Ethereum using cryptocurrency. Instead of paper contracts and fiat money exchanged, the founder of tech news site TechCrunch, Michael Arrington,…
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Bitcoins have created a "craze" around the world, with 600% growth in the last 12 months, and constantly increasing value over time, despite some downs. Now, the Pacific island nation of Vanuatu is the first nation to grant citizenship to people in exchange for bitcoin. Such application of bitcoins has not been used so far…
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The president of Russia, Vladimir Putin, is currently calling for stricter cryptocurrency regulations, as he shared his beliefs about the danger and risks that digital currencies may pose to the world, according to International Business Times. Putin, during a meeting in Sochi on October 10th, said: "Cryptocurrencies are issued by an unlimited number of anonymous…
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The Board of the International Organization of Securities Commissions (IOSCO) today published a report titled Other CRA Products (OCPs), which provides market participants with a better understanding of certain non-traditional products and services offered by credit rating agencies (CRAs). These non-traditional products may include, for example, private ratings, confidential ratings, expected ratings, indicative ratings, prospective…
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Thomson Reuters (NYSE:TRI) has added additional research management and search capabilities to its flagship desktop product Eikon. These tools continue the ongoing series of enhancements and new solutions Thomson Reuters is delivering to the financial industry to meet the challenges of MiFID II requirements, set to be implemented January 3, 2018. Launched and incorporated into…
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Geneva based Retail FX broker Dukascopy has announced that it has added a new functionality to its binary option contracts: chained option contracts. Two types of chains are available: Martingale and Winning. When enabling a Martingale chain to an option, the system will automatically place another chained contract for a doubled amount every time the…
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Breaking Forex News... FCA and BaFin regulated social trading and CFD broker Ayondo has announced that it is canceling its previously announced intention to "go public" on the Singapore Exchange (SGX) via a Reverse Takeover of an already publicly traded company. Ayondo had first stated its intention of doing a Reverse Takeover back in April…
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Cyprus financial regulator CySEC has announced that, following a decision in the meeting dated 25.09.2017, the authorisation of the Cyprus Investment Firm Concorde Investments (Cyprus) Ltd (‘the Company’), number 189/13, is suspended, pursuant to section 26(2) of the Investment Services and Activities and Regulated Markets Law of 2007, as in force (‘the Law’), as there…
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Easy-to-use smart contracts creation platform Etherparty has announced it will be partnering with Singapore-based Global DCX, an innovative digital currency exchange that will be launching in October. We are excited to be partnering on technology with DCX who are strategically positioned in the rising markets in India and Asia, which are perfectly suited for the…
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As was exclusively reported by LeapRate over the summer months, some of the recent changes at fast-growing FCA regulated FX broker GKFX have included the hiring of Rod Martenstyn from Core Spreads as CFO, and the appointment of former Saxo Bank UK Chairman and FxPro board member Nick Beecroft as an independent board member and Chairman.…
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