The U.S. Securities and Exchange Commission (SEC) opened fraud charges against four individuals and businesses related to them for offering illegal securities and for their participation in two microcap frauds. According to the SEC, the fraudulent schemes generated about $25 million in illegal profits for the individuals and their businesses. The SEC charges allege that…
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The European Securities and Markets Authority (ESMA) today declared that in case the UK left the EU with no deal, it would authorize three central counterparties from the UK to operate in the EU legally. The three CCPs are LCH Limited, LME Clear Limited and ICE Clear Europe Limited, which are all registered and headquartered…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm ADM Securities. 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 part of their tactics to…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: US Federal Reserve official said that if the US economy performs as expected, it is not necessary to raise interest rates during the year, indicating that the Fed is considering to stop interest rate hikes this year. After…
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LeapRate Exclusive... Tokenization on Blockchain has been a steady trend throughout 2018. It seems that everything is being tokenized on Blockchain from paintings, diamonds and company stocks to real estate. Former MD of Morgan Stanley Patrick Springer recently joined LeapRate to talk about asset tokenization and explained why rebalancing your asset allocation might be the next best…
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The blockchain education is undoubtedly booming. Ripple, for example, has donated $50 million for a blockchain research program, which is being adopted by major universities such as Princeton and UCL. The goal of the program is to encourage blockchain research and give the opportunity for exciting new developments and partnerships. Now, the first Middle East…
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The biggest Canadian cryptocurrency exchange, Coinsquare, just acquired the zero-fee decentralized exchange StellarX. StellarX is built on the blockchain of Stellar. According to their blogpost, StellarX will continue develop and grow along the roadmap the exchange announced last fall. Coinsquare will add value by bringing top-notch programmers and designers that will help StellarX develop further.…
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Momentum continues to build for the introduction of a Bitcoin Exchange-traded Fund (ETF). Wall Street veteran Ric Edelman, the chairman of Edelman Financial Services, is confident that a Bitcoin ETF may soone become a reality. During a CNBC appearance on its “ETF Edge” segment, Edelman was asked if the SEC would ever give its approval…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Oliver Anton Lintner. 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 part of their tactics…
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Every industry has its strong personalities that occasionally share their opinions on the pressing matters of the day. The crypto industry is no different, and one of its most outspoken individuals is Changpeng “CZ” Zhao, the CEO for Binance, the largest crypto exchange in the world. Recent reports are that his exchange profited to the…
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