Saxo Capital Markets CEO comments on the impact of ESMA rules on responsible leverage LeapRate

March 11, 2019 BY Valentina Kirilova

Saxo Capital Markets CEO comments on the impact of ESMA rules on responsible leverage

The CEO of Saxo Capital Markets, Andrew Edwards recently made the following observations about the rules and limits on the marketing and sale of contracts for differences (CFDs) introduced by the European Securities and Markets Authority (ESMA) on 30th July 2018. CFDs are instruments used by traders to speculate on whether an asset with rise…

March 11, 2019 BY Valentina Kirilova

FCA: 73% of UK consumers cannot define what cryptocurrency is

The UK’s Financial Conduct Authority (FCA) released two research reports focused on analyzing consumer attitudes towards cryptocurrencies such as Ethereum and Bitcoin. The research teams asked UK consumers to participate in qualitative interviews as well as in a nationwide survey. The qualitative research revealed that consumers could be potentially harmed by crypto assets since many…

March 11, 2019 BY Valentina Kirilova

ATFX Forex weekly market update: March 11, 2019

The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: Last week, the US ADP reached 183,000, but on Friday, the official US non-farm payrolls fell sharply, only 20,000. It cannot reflect the accuracy of data published by the US official. From the sub-item, the US officially announced that…

March 11, 2019 BY Mariela Naydenova

Kakao Corp raises $90 million for its "Klaytn" blockchain project

Kakao Corporation is the parent company of the messaging app "KakaoTalk", based in South Korea. The parent company just recently managed to raise the staggering amount of $90 million for its new blockchain platform called "Klaytn". According to Bloomberg and Finance Magnates, the company is looking to raise more or less the same amount of…

March 08, 2019 BY Valentina Kirilova

XTX Markets appoints two senior executives to its Paris office

XTX Markets recently appointed Serge Harry as Chairman of the Board of XTX Markets SAS, while Geoffrey Damien was named as Managing Director, Head of France. XTX Markets SAS is the newly created French subsidiary of XTX Markets. Serge Harry has worked for over 30 years in the financial services industry and was a senior…

March 08, 2019 BY Valentina Kirilova

Carrefour lets customers know about milk products through blockchain

The French retail giant, Carrefour, is launching a new program for allowing its customers to know where their milk is coming from. Of course, the new initiative is realized through blockchain. The technology has enabled a number of retail businesses to use blockchain to let their customers know about the origin and supply chain of…

March 08, 2019 BY Valentina Kirilova

SIX chooses Corda’s blockchain platform for its SDX digital exchange

SIX, a European Financial Markets Infrastructure provider, has chosen Corda Enterprise’s R3 blockchain infrastructure as the foundational blockchain technology behind its SIX Digital Exchange (SDX), which is a digital asset trading, listing, custody and settlement service. Corda Enterprise is the commercial version of Corda customized to cater for businesses that require robust operational and security…

March 08, 2019 BY Valentina Kirilova

France is banning these cryptocurrencies

France is not usually under the “cryptocurrency” radar when it comes to hot news about regulation and “innovation”. However, the country may soon be imposing serious bans on several digital coins. According to press, under the French Law, cryptocurrencies such as Bitcoin Private, Monero and Dash could soon be forbidden as a new law is…

March 08, 2019 BY Valentina Kirilova

Bitcoin’s February run breaks six-month losing streak – Can it continue?

Bitcoin enthusiasts have cause for celebration, after many frigid months of Crypto Winter. For the first time since July of 2018, Bitcoin valuations actually appreciated for a month, delivering a respectable growth rate for February of 10.4%. One has to return to July and April of last year to find similar positive performance stats, 21.5%…

March 08, 2019 BY Valentina Kirilova

Opera extending its cryptocurrency-focused browser to the iPhone

If you are waiting for Samsung or Apple to get with cryptocurrencies and incorporate crypto wallets within their various smartphone sets, you now have an alternative that will achieve the same thing. Opera, a browser software company, announced that it is now testing its Opera Touch browser with built-in crypto wallet in the iOS operating…