DIGITEC
June 29, 2021 BY Steffy Bogdanova

Stephan von Massenbach to manage new DIGITEC London office

In his new position as CRO, Stephan von Massenbach will be responsible for the business development and sales strategy. With over two decages in FX, most recently he served as CEO of Modular Financial Technologies and Director of Modular FX, providing specialist FX e-commerce solutions and consultancy to banks and FinTechs. He has also worked…

Read more
Nasdaq launches new ESG Data Hub alongside industry leaders
June 29, 2021 BY Steffy Bogdanova

Nasdaq launches new ESG Data Hub alongside industry leaders

The following partners are set to provide data through the all new ESG Data Hub: Ecogain will cover biodiversity, Equileap will provide data on gender equality, RepRisk for reputational risk, Inrate for carbon emissions, Munich Re will analyse climate risk, and Upright Project for net impact, while Clean Tech will provide data on renewable technology.…

Read more
BaFin warns about the paradigm shift following Brexit
June 29, 2021 BY Steffy Bogdanova

Coinbase receives crypto license from German regulator BaFin

Coinbase also discussed in its press release the already thriving scene surrounding blockchain and noted that Germany is, in fact, the second-ranking country after the US when measuring the amount of Bitcoin nodes being processed. The announcement revealed that Coinbase Germany GmbH is due to be launched in the next few weeks, intending to serve…

Read more
Acquisition
June 29, 2021 BY Steffy Bogdanova

IG Group completes $1 billion deal with tastytrade

The official announcement said that up to $300 million of the transaction is in cash and 61,000,000 new ordinary in IG Group will be issued to tastytrade shareholders. Tom Sosnoff, Founder and co-CEO of tastytrade, said: The completion of this deal is a milestone moment for tastytrade. For the past decade, we have worked tirelessly…

Read more
June 28, 2021 BY Steffy Bogdanova

Weekly forex data: trade and the NFP in view

Australian dollar-US dollar, daily The Aussie dollar has recovered somewhat against its American counterpart since last week as sellers’ initial enthusiasm has worn off and most industrial commodities, Australia’s key exports, remain close to record highs. Sales of iron ore from Australia to China surged 20% in May, while Australian recovery measured by GDP growth…

Read more
Women in business
June 28, 2021 BY Steffy Bogdanova

KPMG study reveals women execs took on more responsibilities during the pandemic

53% of women who participated in the study believe that their company’s culture changed in this period and focused on “flexibility, individual wellness and team inclusivity”. According to the research report, 76% adopted new activities in order to promote and cultivate wellness. 84% of participants said mentors were essential in developing their resilience and 64%…

Read more
June 28, 2021 BY Steffy Bogdanova

FCA bans Binance in the UK following Japanese warning

This huge blow to the crypto exchange giant comes as a reaction to a warning placed by the Japanese regulator, the FSA, which on Friday stated that Binance had been offering its crypto exchange services to customers in the country without ever having officially registered with the Financial Services Agency. The latest warning is the…

Read more
ASIC
June 28, 2021 BY Steffy Bogdanova

ASIC cancels the AFS licence of BBY Limited

It will also: ensure BBY continues to be required to have arrangements for compensating retail clients for loss or damages suffered as a result of breaches of the Corporations Act by the companies or their representatives. ASIC had suspended BBY’s licence for three years on 28 May 2015 following the appointment of Stephen Vaughan and…

Read more