July 07, 2017 BY Valentina Kirilova

Kraken launches EOS trading

Kraken Digital Asset Exchange just announced that has launched support for EOS trading. The EOS platform is designed to scale the mainstream development of decentralized applications for large businesses, and claims to the first platform to do so. Which EOS Pairs are Available For Trading? EOS-Ethereum (EOS/ETH) EOS-Bitcoin (EOS/XBT) EOS-U.S. Dollar (EOS/USD) EOS-Euro (EOS/EUR) How…

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July 07, 2017 BY Valentina Kirilova

ESMA proposes simplifications for prospectuses

The European Securities and Markets Authority (ESMA) has published three Consultation Papers (CP) on the Prospectus Regulation. The Prospectus Regulation, in the context of the Capital Markets Union action plan, aims to make it easier and cheaper for companies, and in particular smaller companies, to access capital and improve prospectus accessibility for investors. The three…

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Regulation
July 07, 2017 BY Valentina Kirilova

ASIC takes action over misuse of 'sophisticated investor' certificates

ASIC announced that is concerned that some accountants may be harming retail investors by inappropriately providing 'sophisticated investor' certificates. In general, companies raising money by offering shares to retail investors must give the investors sufficient information by providing a prospectus or other regulated disclosure document. This helps investors in making a decision whether to invest…

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FunFair blockchain gaming platform
July 07, 2017 BY LeapRate Staff

Ethereum casino platform FunFair raises $26 million in Token presale

Tech entrepreneur Jez San’s latest venture, FunFair Technologies, has raised a landmark sum from the presale of tokens that will eventually power every aspect of its blockchain-based gaming technology platform. FunFair is designed to deliver unrivalled transparency for consumers and efficiency for casino operators. Slated to last a maximum of 15 days, FunFair’s Phase 1 Token…

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gkfx trading
July 06, 2017 BY LeapRate Staff

Exclusive: FX broker GKFX raises additional £12 million from shareholders to fund retail and institutional growth

LeapRate Exclusive... LeapRate has learned from sources close to the company that FCA regulated forex and CFDs broker GKFX has raised an additional £12 million (USD $15.5 million), to help fund the company's continued growth push in both the Retail and Institutional FX sectors. The current fundraising, injected into the company by controlling shareholder Kasim Garipoglu…

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Regulation
July 06, 2017 BY Valentina Kirilova

ASIC commences proceedings against credit repair business

ASIC announced that has launched legal proceedings against Gold Coast-based credit repair business, Malouf Group Enterprises Pty Ltd (Malouf Group), and its director Jordan Francis Malouf. ASIC alleges that between 1 January 2014 and 31 December 2015, Malouf Group made false or misleading representations and engaged in unconscionable conduct in the operation of its credit…

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fca warning
July 06, 2017 BY Valentina Kirilova

FCA warns against Markets Trading Ltd firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Markets Trading Ltd. Markets Trading Ltd is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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July 06, 2017 BY LeapRate Staff

Interest Rates and Low Savings Hampering UK Economic Growth

The following article was written by Luis Aureliano, a business writer and financial analyst. With over 15 years of experience in global finance and an MBA in economics and management, Luis’s areas of expertise include business, marketing, communications, personal finance, macro economics, stocks and emerging markets. The UK is currently battling dual demons in the…

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