ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for June 18, 2019. EURUSD The euro strengthened on Monday, closing at 1.1222(+7 pips) against the greenback. The greenback started the week advancing against most major rivals, although its strength faded as the day went by, ending it…
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Facebook has announced the launch of its Calibra wallet that is backed by the Libra Association, an independent consortium with members such as Visa, Mastercard, Stripe and Coinbase. The association will independently govern and oversee Calibra's bespoke cryptocurrency, Libra—with the digital coin imagined to further a global financial system, this historically marks the social media…
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It may be far too early in its short history to claim that Bitcoin has arrived and that its future is secure, but the fact that it depreciated 80% over eleven cruel months and that every critic known to man was claiming its imminent demise, but then picked itself up, dusted itself off, and rose…
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Binance is launching a bitcoin-pegged token for trading called BTCB. The token will be released on the native blockchain of Binance or, simply, on Binance Chain. The information comes from a blog post of the exchange. The token will be made available for trading on the decentralized part of Binance - DEX, as well as…
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Blockchain is going on new horizons, no doubt about it. The largest drug store retailer in Canada is planning to use the disrupting technology to trace the cannabis it distributes. The goal is to set some standards since the industry is flourishing. TruTrace, a Canadian software company and Shoppers Drug Mart are partnering to develop…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for June 17, 2019. The text below is an excerpt and does not contain the full analysis. Today's Highlights Bitcoin Soars Above $9k: Crypto markets are flashing green as bitcoin’s price crossed $9,000 over the weekend.…
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Australian regulator ASIC has earlier today released its guidance for Australian financial service (AFS) licensees about how they can mitigate the risks to their clients and business of share sale fraud. Share sale fraud is the fraudulent activity of a person who is not who they claim to be, selling shares that do not belong…
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The Financial Conduct Authority (FCA) and the China Securities Regulatory Commission (CSRC) have made it clear today that they both approve the Shanghai and London Stock Exchanges’ proposed new Shanghai-London Stock Connect. The Stock Connect scheme launches today and is a aims to encourage cross-border investment between the countries and provide investors and companies in…
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The Australia and New Zealand Banking Group Limited (ANZ) confirmed the appointment of Antonia Watson as Acting CEO of ANZ New Zealand, following the departure of David Hisco. Mr Hisco’s departure follows ongoing health issues as well as Board concern about the characterisation of certain transactions following an internal review of personal expenses. ANZ New…
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The Financial Markets Authority (FMA) has just issued a public warning against a scam company called Willow Group Limited. Details of the company can be seen below: Willow Group Limited Address: Rykaden Capital Tower, 135 Hoi Bun Road, Kwun Tong, Hong Kong Website: www.willowmgmt.com Email: [email protected] According to the regulator, Willow Group Limited is not…
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