CySEC mirrors ESMA’s desicion to restrict the marketing, distribution and sale of CFDs LeapRate

May 30, 2019 BY Valentina Kirilova

CySEC mirrors ESMA's desicion to restrict the marketing, distribution and sale of CFDs

The Cyprus regulator CySEC has just issued a consultation, mirroring ESMA’s last year restrictions on the marketing, distribution and sale of contracts for difference CFDs. LeapRate reminds that in April the Dutch AFM has also made some changes regarding the marketing, distribution or sale of Binary Options and CFDs to retail investors in and from The Netherlands. Since…

May 30, 2019 BY Valentina Kirilova

AETOS daily forex market commentary

ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for May 30, 2019. EURUSD The Euro closed lower on Wednesday, closing at 1.1136(-31 pips) against the greenback. The shared currency suffered a setback after the ECB warned that the economic downturn, a result of the US-Sino trade…

May 30, 2019 BY Valentina Kirilova

FATF crypto guidelines challenge exchanges to compromise anonymity

The highly anticipated crypto guidelines from the Financial Action Task Force (FATF) may cause crypto zealots to go on the warpath. G20 financial officers will review and adopt the new FATF guidelines at their next meeting in June in Japan, but insiders that have already had a look reveal that the crypto industry may be technically…

Exclusive: Miles Parry talks about market threads

May 30, 2019 BY Valentina Kirilova

Exclusive Interview: Vo1t's Miles Parry talks about market threats

LeapRate Exclusive... In an effort to stay ahead of new threats on the horizon, the Vo1t company will be gathering a real-world data on how to improve for the next round of development. For this purpose, has invited hackers to participate in the Blockchain Week New York and Consensus and has removed 95% of their security…

May 30, 2019 BY Valentina Kirilova

Crypto ICOs showing a comeback, after major drop off in 2018

Initial Coin Offerings… remember them? Investor interest seemed to wane as Crypto Winter took hold of the industry, and regulators across the globe began to clamp down on what they perceived to be fraudulent activities. Fraud losses have been excessive, and the need for valid investor protections has pushed many fund raises down a track…

Two academics contend 2017 Bitcoin bubble due to Whale’s manipulation

May 29, 2019 BY Valentina Kirilova

Institutional crypto bashers are softening, but time is running out to join in

Crypto enthusiasts have always argued that all things crypto will finally reach critical mass when large blocks of institutional capital flood into the marketplace. An argument can be made that billions have already been invested in Initial Coin Offering (ICO) development efforts, as well as private corporate capital that has been allocated to an abundance…

May 29, 2019 BY Valentina Kirilova

FCA issues some more clone firm warnings this week

Busy week for the UK Financial Conduct Authority (FCA), as it has put out details of several more clone firms yesterday. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as…

May 29, 2019 BY Valentina Kirilova

Integral names Sanjay Madgavkar Chief Strategy Officer and Head of Business Development

Integral, banks, brokers and asset managers' tech partner, just announced that it has added Mr. Sanjay Madgavkar to its executive team as Chief Strategy Officer and Head of Business Development. Madgavkar has spent much of his career at Citi and brings more than 20 years of experience in every aspect of foreign exchange to Integral.…

May 29, 2019 BY Valentina Kirilova

NSSC fines FPE Trading $165,000

The Nova Scotia Securities Commission announced earlier today that it has ordered Jean-Smaille Germeil and FPE Trading to pay an administrative penalty of $150,000, as well as to cover all the costs in connection with the investigation and conduct of this proceeding before the Commission in the amount of $15,000. Germeil and FPE Trading have repeatedly…

May 29, 2019 BY Valentina Kirilova

Daily Market News: Hyperbitcoinization

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for May 29, 2019. The text below is an excerpt and does not contain the full analysis. As bitcoin becomes more useful as money and is spendable in more and more places, it's easy to get…