August 19, 2019 BY Mariela Naydenova

Bank of America applies for a new blockchain patent

Bank of America is one of the US banks that is clearly leading in the blockchain-patent game. BofA has filed for over 60 blockchain-related patents so far. This is a major breakthrough since Bank of America is actually the second largest bank by assets in the US. Considering the tight regulations and the inability of…

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forex market crypto news and updates
August 19, 2019 BY Valentina Kirilova

Daily Market News: Crude oil volatility impacted

eToro UK markets analyst, Adam Vettese, has provided his daily commentary on traditional and crypto markets for August 19, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, This week may well be as volatile as last week. Attention will be focused on the Federal Reserve’s FOMC minutes…

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Fnality International expands management team with three new hires
August 19, 2019 BY Valentina Kirilova

Fnality International expands management team with three new hires

On-chain payments for financial markets company, Fnality International, announced that it has added key additions to the senior management and advisory team. Gary Chu joins as General Counsel and Adam Clarke as Chief Technology Officer (CTO), with Daniel Heller joining as Head of Regulatory Affairs. Gary Chu was previously a Legal Counsel and an Executive…

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sfc bans
August 19, 2019 BY Valentina Kirilova

Hong Kong SFC bans a former account executive of DBS Vickers

The Hong Kong Securities and Futures Commission (SFC) announced today that it has banned Mr Samuel Lee Kwok Tung from re-entering the industry for eight months ending 16 April 2020. Tung is a former account executive of DBS Vickers (Hong Kong) Limited (DBSVHK) and, according to the regulator, has falsely stated that he was the…

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scam company
August 19, 2019 BY Valentina Kirilova

New Zealand FMA warns against Trinity Investments Limited firm

The Financial Markets Authority (FMA) has recently added a new name to its list of unregulated firms. The latest addition is the company Trinity Investments Limited. According to the FMA, the company could be involved in a scam. The regulator has received a complaint from a New Zealand resident who has invested with Trinity Investments…

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Daily Market analysis
August 19, 2019 BY Valentina Kirilova

Daily market commentary: The Pound is on the backfoot

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 19, 2019. See details below: FOREX The Pound is on the backfoot, having lost more than 0.1% to the US Dollar during early Monday trading. Brexit and related matters continue to be the main driving force behind Sterling; after a…

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