Huobi Japan is now a wholly-regulated crypto exchange, supervised by the Financial Services Agency in Japan. The cryptocurrency exchange was created through a merger between Huobi Group and BitTrade. The Founder and CEO of Huobi Group commented on the milestone: This is an important milestone for us," said Leon Li, Huobi Group Founder and CEO. "Firstly,…
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Bithumb, one of the world’s largest cryptocurrency exchanges, is looking to go public in the US through the mechanism of reverse merger. Bithumb can become the very first crypto exchange to be traded publicly in the United States. The holding company of Bithumb, BTHMB, which is based in Singapore, is seeking to be listed in…
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Belize financial regulator IFSC has just issued a Warning Notice regarding a company called Trading Epic. The entity is not licensed under the IFSC Act to provide, carry on, transact, or hold itself out as providing, carrying on, or transacting any of the international financial services as set out in the Schedule of the IFSC…
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The Gibraltar Blockchain Exchange (GBX) has just added TRON (TRX) to its Digital Asset Exchange (GBX-DAX). TRON has been brought to the GBX-DAX by Sponsor Firm StratX, and follows the addition of XRP and EOS in recent weeks. LeapRate reminds that the digital asset exchange OKCoin exchange has recently added Tron (TRX) as a new…
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AlphaPoint has announced the appointment of Scott Grayson as its new SVP & Head of Enterprise Sales. Grayson comes from the blockchain platform company R3, where he was the Chief Sales Officer. AlphaPoint is a provider of asset digitization software, and of trading technology for licensed broker-dealers, ATS and exchange operators. The company has also recently named Kapil…
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TransFICC, a provider of low-latency connectivity for Fixed Income and Derivatives Markets, has announced the appointment of Godfried De Vidts as Regulatory Affairs Advisor. Throughout his career De Vidts has been a member of various official working groups such as: the ECB Contact Group on Euro Securities Infrastructures (Cogesi); the ECB Macroprudential Policies and Financial…
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Dash Financial Technologies, the capital markets technology and execution provider, has just announced the addition of Scott Patrick as Chief Financial Officer. The company has recently added James Doherty as Managing Director, Head of Equity Product and has signed a definitive agreement to acquire eRoom Securities, LLC. Patrick will be in charge of financial operations and strategic planning…
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Just one day after completing the acquisition of commodity trading firm CSC Commodities UK Limited (CSC) from BGC European Holdings LP, London based global commodities broker Marex Spectron announced new acquisition plans. This time the target is the Irish energy broker Energy Broking Ireland Limited (EBI). Marex Spectron has returned to FX markets with a new platform back in October 2018.…
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Even after the meltdown in cryptocurrency values in 2018, consumer interest in tokens and all thing crypto continues to expand on all fronts and in all jurisdictions across the globe. Unfortunately, these new crypto investors often respond to the industry hype without becoming aware of the significant risks that are present. Cryptocurrencies are at the…
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UK financial regulator the Financial Conduct Authority (FCA) has announced that it is today consulting on guidance, which, once finalised, will set out the cryptoasset activities it regulates. With this move, the regulator aims to help firms understand whether their cryptoasset activities fall under FCA regulation. Christopher Woolard, executive director of Strategy and Competition at…
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