December 23, 2019 BY Valentina Kirilova

Blockchain leaders to tackle inefficiencies in the global FX market

Fnality and Finteum have announced last week that they have joined forces to deliver interoperability between the Finteum application, built on R3’s Corda platform, and Fnality’s Utility Settlement Coin (USC) solution, based on Ethereum. LeapRate reminds that Corda Network facilitates full interoperability between applications and businesses on Corda. This allows data used on one application to be shared…

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fca warning
December 23, 2019 BY Valentina Kirilova

UK FCA warns against several unauthorised companies

The UK Financial Conduct Authority (FCA) has put out details of several unregulated firms. The names of the latest additions to the regulator’s warning list are Star Finance and Ouroneclub. According to the regulator, the fraudsters are using or giving out the following details as part of their tactics to scam people in the UK:…

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weekly markets analysis
December 23, 2019 BY Valentina Kirilova

Weekly data preview: Markets calm down as Christmas approaches

The following article was submitted by Michael Stark, market analyst at Exness.  This is a fairly slow week in economic data as expected with Christmas on Wednesday. So far this week we’ve had Thai balance of trade and Polish unemployment for November, neither of which produced much surprise. The main events are this afternoon, with the USA…

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Luxembourg Stock Exchange appoints Julie Becker as Deputy CEO
December 23, 2019 BY Valentina Kirilova

Luxembourg Stock Exchange appoints Julie Becker as Deputy CEO

Luxembourg Stock Exchange (LuxSE) has announced last week that it has appointed Julie Becker as Deputy CEO. Frank Wagener, Chairman of the Board of Directors of LuxSE, commented on the news: Julie Becker has brought a clear vision, new perspectives and drive to the exchange. Her contribution to the Luxembourg Stock Exchange over the past…

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December 20, 2019 BY Mariela Naydenova

The US Congress introduces the Crypto-Currency Act of 2020

The US lawmakers are getting serious about regulating the cryptocurrency industry in 2020. Thus, the US is bringing a special regulatory framework for digital assets (including digital coins). For the purpose, a new bill called Crypto-Currency Act of 2020 is introduced to find out which federal agencies exactly are to regulate digital assets. The bill…

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Ripple CEO on speaking trail, but draws criticism for rewriting XRP history
December 20, 2019 BY Mariela Naydenova

Ripple raises $200 million to advance global payments

Ripple has recently raised $200 million in what is the company's Series C round, reports Tech Crunch. The leading investor in this funding round is Tetragon, followed by Route 66 Ventures and SBI Holdings. Ripple is now valued at around $10 billion. This is what Brad Garlinghouse, the CEO of Ripple stated: We are in…

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Facebook
December 20, 2019 BY Mariela Naydenova

Libra comes up with new 2.0 Roadmap for the 2020 launch

Libra is going full force with new roadmap for its 2020 launch. While regulatory concerns may have delayed the plans of Facebook to launch its cryptocurrency project, the company has designed a new plan for the upcoming start of Libra. The information about the second roadmap comes from a blog post from Libra's developers. They…

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