The tiny Republic of Malta, in a fashion reminiscent of the old movie “The Mouse that Roared”, has suddenly become the “crypto-hub of the world”, as it promised it would be in mid-2018. According to MarketWatch and the December exchange report prepared by CryptoCompare: Malta is home to more than twice that amount of crypto…
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TigerWit Limited, the UK-headquartered global financial technology company, has just announced its volumes report for 2018, releasing a significant YoY growth figures. Highlights include: Client opening trade numbers rose by 68% YoY in 2018, and As at Year End clients’ balances were up 38%; TigerWit’s total revenue in 2018 was $19.6m - up 96% YoY…
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For the first time, a judge in South Korea has stepped forward and handed out sentences to two crypto executives for falsifying exchange volume reports and profiting from internal wash trades. The two executives hail from the Komid exchange in South Korea, although one individual is also the CEO of fledgling coin system by the…
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Blockport, the European social crypto trading platform, kicks off 2019 by moving out of the beta version of its exchange. User funds will be stored on the blockchain and most leading cryptocurrencies and tokens will be available for trading on the exchange. Over the past several months, our team has worked incredibly hard to get…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Swiss Capital Invest Holding Ltd. 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…
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Bitcoin zealots and enthusiasts were jumping for joy last week when a Russian economist, a Professor Ginko, who works closely with the government, announced that Russia would soon be buying bitcoin. Before the professor could take a breath, the news went viral. He also noted that purchases could occur as soon as February of this…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for January 22, 2019. Highlights include: Rising Inequality a Backdrop at Davos: The annual forum in Davos is a meeting of the world’s wealthiest to try to solve inequality, a problem that has risen following the…
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Copenhagen based Retail FX broker Saxo Bank has informed the public that it has appointed Fan Xu as CEO of Greater China. Fan Xu will be based in Shanghai and will be reporting directly to founder and CEO, Kim Fournais. Fan Xu has over 20 years of experience in financial services and markets, working for companies…
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London based global commodities broker Marex Spectron has just announced that it has completed the acquisition of commodity trading firm CSC Commodities UK Limited (CSC) from BGC European Holdings LP. Marex Spectron has returned to FX markets with a new platform back in October 2018. Last month, the broker announced another acquisition of Rosenthal Collins…
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Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has announced the opening of its new office in China less than four years after launching in the country. SafeCharge's office is located in Shenzhen’s PingAn International Finance Center. The company already has offices in Singapore and Hong Kong. SafeCharge is a member of UnionPay…
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