FCA fine
December 14, 2021 BY Steffy Bogdanova

NatWest gets a £264.8 million fine for AML compliance failures

Some of NatWest’s employees who handled these cash deposits shared their suspicions with the bank’s investigative staff but no action was taken. The warning signs included large amounts of Scottish bank notes deposited throughout England, as well as deposits of notes carrying a noticeable musty smell and individuals acting suspiciously when depositing the cash. Moreover,…

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December 13, 2021 BY Steffy Bogdanova

BBVA Switzerland expands its crypto custody service with Ethereum

BBVA services stretch across Latin American countries, where investors have extensive interest in all kinds of digital assets, as well as in Europe and Turkey. The company noted in its official announcement that it plans to continue the expansion of its portfolio of digital assets in the coming months. The new BBVA service is currently…

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December 13, 2021 BY Steffy Bogdanova

Reactive Markets and Tradefeedr team up to provide crypto and FX trade analytics services

Tradefeedr’s common, independent trading database allows the sell-side, buy-side, regional banks, hedge funds, brokers, and central banks to connect, analyse their trading data, and collaborate. The company launched its data analytics platform with over 15 leading sell-side and 20 major buy-side firms onboarding and another 20 in the pipeline in June 2021. Phil Morris, CEO…

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December 13, 2021 BY Steffy Bogdanova

OANDA’s Lucian Lauerman promoted as Head of Digital Assets

He previously served as Global Head of Electronic Distribution at Saxo Bank, where he worked from more than seven years. Lauerman has also worked at institutions such as Lloyds Banking Group, GL Trade - Capital Markets Solutions and FNX Limited. OANDA has seen a lot of changes in its top management this year. In July,…

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December 13, 2021 BY Steffy Bogdanova

CAPEX.com launches ThematiX

ThematiX is the third product of CAPEX.com “X” line of services. The new solution aims to transform complex products and markets into more accessible tools and resources for investors. The latest release follows the launch of StoX, the 0 commission, unleveraged stock trading service, and QuantX, a portfolio builder designed to create fully customized investment…

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December 10, 2021 BY Steffy Bogdanova

SEC obtains judgments against BitConnect

Arcaro has already pleaded guilty to BitConnect-related activity, including to charges of conspiracy to commit wire fraud. BitConnect was one of the largest crypto scams. It is estimated that it cheated investors out of $2 billion during its 2017 ICO peak. Arcaro and Future Money have agreed on the entry of judgments. Arcaro is permanently…

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Interactive Brokers launches IMPACT
December 09, 2021 BY Steffy Bogdanova

Interactive Brokers releases mobile trading platform IMPACT

The app gives impact scores on existing portfolios based on these selections. It identifies companies which align with the criteria selected by the user. Investors can aso improve their scores through the selection of alternative companies. Additionally, the “Swap” feature on IMPACT users the ability to swap positions in the same dollar amount from one…

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eToro
December 09, 2021 BY Steffy Bogdanova

eToro Money program launched in the UK

Non-Club members will also be able to access an eToro Money sort code and personal account number to so that they can send and receive funds to the eToro platform and any UK bank account. Deposits made through this route do not have a conversion fee to USD, which saves users money when adding funds…

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