Under the new CASP license, Binance can offer crypto services such as pot, custodian, staking, and card services. The CySEC authorisation follows similar registrations in Europe for Binance including in France, Italy and Spain. The crypto exchange also expanded its presence in the Middle East with registrations in Abu Dhabi, Dubai, and Kazakhstan. Changpeng Zhao…
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OANDA explained that opening a Paxos account, funding and trading s all managed within the app so investors can access major cryptocurrencies such as Bitcoin, Ethereum and PAX Gold against the US dollar from the platform. Gavin Bambury, Chief Executive Officer of OANDA, said: As the number of Americans seeking exposure to cryptocurrencies grows, it's…
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Gilles BianRosa, the Chief Product Officer at N26, commented: The N26 banking experience has always been built around the customers’ needs, with features that make money management easy. With N26 Crypto, we have created a simple, intuitive product that integrates seamlessly into N26’s fully-regulated banking experience where one’s bank balance, savings, and investment portfolio sit…
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This starts raising questions over stock/riskier assets exposure for professional investors, a situation that could drive benchmarks to new annual lows if fundamentals don’t show any sign of improvement. Technically speaking, most stock indices failed to clear their major resistance levels yesterday as buyers aren’t strong or numerous enough to keep control of stock markets…
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Harpal Sandhu, CEO of Integral commented: As a trusted technology provider, Integral’s cloud-based SaaS offering adds greater value to our customers and drives forward advancements in their FX trading and risk management workflow. Paul and Roland are valuable additions to the team and will play an important role in driving forward our global growth as…
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Under the ICF, clients of locally regulated financial services companies have protection from CySEC of up to €20,000, in case of the financial services company becomes bankrupt or is unable to return customer deposits. Maxigrid background The company ran its business from Cyprus after it secured a Cyprus Investment Firm (CIF) license in 2011. That…
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Tara Risser, President, Americas, Equinix noted that the company has chose Colombia for its investment because of its fast-growing IT sector and its large regional economy. Risser commented: The country's economy has boomed over the past decade, driven by thriving energy and manufacturing sectors. We believe the country is also well positioned to support businesses…
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Furthermore, the total value turnover for the quarter hit €836 million, recording an increase of 136% on yearly basis. During the second quarter of 2022, the company's total value of turnover stood at €879 million in Q2, up by 250% year-on-year. Nicky Maan, Spectrum Markets CEO, commented: I’m very happy to announce another strong quarter,…
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European Shares Share markets pared earlier gains on Wednesday, extending Asian losses while US futures also point to a lower open. This bearish sentiment remains mostly driven by profit-taking moves after benchmarks hit key resistance levels, following a two-day rally, while major uncertainties linger. EU stock investors have been disappointed by a higher-than-estimated UK CPI report earlier…
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Prior to joining the London Stock Exchange Group in 2005, Powell started his career at CLB Littlejohn Frazer and British Telecom Group. Morgan Tillbrook, CEO commented: Tim Powell's appointment followed a meticulous selection process, and the advance notice of Tim Kidd's retirement gave us the opportunity to cast the net far and wide and conduct…
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