ASIC bans the Managing Director of Gold Coast financial group for 3 years LeapRate

September 27, 2019 BY Valentina Kirilova

ASIC bans the Managing Director of Gold Coast financial group for 3 years

Australian watchdog ASIC announced earlier today on its official website that it has banned Kyle Marshall from providing financial services for 3 years. According to the regulator, Marshall had not complied with financial services laws and lacked fundamental knowledge and competency relevant to providing financial services. Marshall was an authorised representative of Sentinel Private Wealth…

September 27, 2019 BY Valentina Kirilova

Per Mati Greenspan: “Bitcoin does not need Wall Street in order to thrive”

Mati Greenspan, senior analyst for eToro, has been a voice of both reason and wisdom when it comes to all things crypto. Often sought out for comments about the pricing behavior of Bitcoin and its altcoin brethren, Greenspan has never shied away from expressing his thoughts on the state of the crypto industry. This week…

Bankenverband,cryptocurrency,digital currency

September 27, 2019 BY Valentina Kirilova

US Congress determined to upgrade crypto crime enforcement techniques

Congressional hearings a while back raised serious issues regarding blockchain technology and the potential for abuse by the criminal element in our society. These words may have taken on a softer tone than what several congressmen and government officials, including President Trump, had said about cryptos and the distributed ledger technologies that rely upon blockchain…

September 26, 2019 BY Mariela Naydenova

Daimler executes first transaction on the Marco Polo Blockchain network

The automotive industry has made incredible steps in taking advantage of the blockchain technology. And while not many car makers are in the "game" yet, there are some who are already executing transactions on blockchain networks. This is how Daimler has carried out its first transaction on the Marco Polo Blockchain Trade network. The German…

September 26, 2019 BY Mariela Naydenova

LiquidityEdge licenses Mosaic MSX analytics platform

Liquidity Edge, the electronic US Treasuries trading venue, has signed a deal to license Mosaic Smart Data MSX platform to provide venue analytics across its portfolio of marketplaces. Mosaic Smart Data will give LiquidityEdge a package of analytics that will help the latter to monitor and compare liquidity in the markets to ensure smooth market…

Will US retail numbers for January surprise the markets with further improvement?

September 26, 2019 BY Valentina Kirilova

Marex Solutions launches in US, hires Scott Shellady to lead the team

Marex Solutions has just announced that it has launchеd its US OTC hedging entity, Marex Spectron USA, LLC. The company has named Scott Shellady Head of US Agricultural Commodity Sales. Marex Solutions is the OTC derivatives arm of the commodity broker Marex Spectron and is live since 2017. Prior to Marex Solutions, Shellady worked for…

September 26, 2019 BY Valentina Kirilova

Analysts debate if hash rate “crash” correlates with Bitcoin prive collapse

Bitcoin is not a problem to be solved – It is a mystery to behold. Ancient writers may have writ this aphorism about life, but today it appears to apply to Bitcoin, as well. The entire analyst community is scratching its collective head today to ascertain the reasons why their beloved digital asset suddenly fell…

September 26, 2019 BY Valentina Kirilova

UK FCA warns against several clone firms

The UK Financial Conduct Authority (FCA) has put out details of several more clone firms this week. The names of the latest additions to the regulator’s warning list are Capital Trade Fair, Perterra Funds PLC, Nautilus Indemnity, Midpoint Exchange, Magna Umbrella Fund PLC, and Best Bonds & Savings. Fraudsters are using or giving out the…

September 26, 2019 BY Mariela Naydenova

Bitcoin shopping app Fold raises $2.5 million to revolutionize bitcoin payments

The Fold App is a Bitcoin payment app that allows users to purchase goods such as clothes and food with bitcoin and earn some rewards for using the app. According to press, the company has just added a fiat capability feature after raising $2.5 million from prominent investors. The seed round was backed up by…

September 26, 2019 BY Valentina Kirilova

CySEC warns against binomo.com website

Active week for CySEC... the regulator has just made another announcement on its official website, this time regarding the website binomo.com. According to the Cyprus watchdog, the above-mentioned website does not belong to any authorized entity in the area. The regulator has once again urged investors to first consult its official website, before conducting any…