The SEC has unveiled a comprehensive guideline to clarify whether or not any specific crypto is to be considered a security. They also ruled that an airline’s rewards program token is not a security and can continue to operate, the first time they have done so for a crypto asset. For the first time ever,…
Read more
The Autorité des marchés financiers (AMF) has issued a public warning against the activities of several new unauthorized websites offering atypical investments. Here is the list of the websites recently identified: www.abconseils-patrimoine.com www.avenir-epargne.com www.capitalmarketservices.fr www.cavissimo.com www.cbae-ltd.com www.cheptel-agriculture.com www.cheptelepargne.com www.cheptel-finance.fr www.cheptel-france.com www.cheptel-lafermeduweb.fr www.cheptel-laitier.fr www.cheptel-patrimoine.com www.duvanel-conseil.com www.elton-advisors.com www.financial-exchange.com www.francebovins.com www.france-finances.com www.ft-invest.net www.gestion-cheptel.com www.gestion-investment.com www.goldoneo.com www.grandscrus-europe.com www.itp-france.com www.investir-cheptel.com…
Read more
UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Schwarz Gehard. Schwarz Gehard is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
Read more
It has now been nearly a year since ESMA (in its infinite wisdom) ruling on leverage came into effect - and its been very harsh on many of us brokers, as well as traders. The logic behind why ESMA did this is fair, there was too much risk in the market from both the broker…
Read more
Litecoin has seen a huge surge in the last 48 hours. As has Bitcoin and other cryptos to a lesser extent. The word on the street is that Litecoin could continue its forward momentum until the halving in months to come, however one thing we do know is volatility is the games maker of trading.…
Read more
Over the past two years, the SEC has been presented with over a dozen applications for a Bitcoin Exchange-traded Fund (ETF), but it has chosen in each instance to dismiss the bid, since they felt “uncomfortable”. Many of the issues cited are being dealt with today by industry participants and interested institutional players. Two new…
Read more
Based in Norway, Fenixera is a global debt recovery service platform that protects people from having to write-off international debt. The company essentially makes it easier for someone to maintain a good credit score by managing accounts, collecting invoices, etc. The software used by Fenixera allows users to check people's payment and credit history (which…
Read more
Coinbase just revealed a new $255 million-insurance arrangement for its clients. In a blog post made by the company, the Vice President of Security, Philip Martin, announced that hot wallets (online assets that are “vulnerable” to hacks) have been insured for an amount of up to $255 million. This means that all digital coins stored…
Read more
PayPal has been getting up to speed with blockchain lately. The online payments giant has officially made its first investment in the blockchain “world”. The company has joined the Series A funding of a blockchain-based company that helps its clients (namely financial institutions and different corporations) with managing sensitive data – all through blockchain. According…
Read more
Aviva Ventures and Sesame Bankhall Group (SGB) have partnered to create a blockchain-based protection platform, called Acre Software. The startup is backed by £5 million in seed funding from the two companies. Acre is actually a new generation insurance and mortgage platform that has been supported by Aviva and Sesame with the goal of revolutionizing the mortgage market.…
Read more