Last month, crypto derivatives exchange LXDX has opened its platform access, so traders would be able to create accounts and begin Know Your Customer (KYC) processes ahead of the live trading launch. The cryptocurrency exchange has just announced that the platform is now officially open to the public for live spot trading. People will now have…
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As the largest US cryptocurrency exchange, Coinbase is definitely working towards providing more and more quality services to its large user base. While just recently, a user had to convert BTC, for example, to EUR in order to buy another cryptocurrency, this is no longer the case. Coinbase now lets users trade on a crypto-to-crypto…
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The bitcoin / blockchain revolution has undoubtedly arrived. Cryptocurrency enthusiasts will no longer need internet to transact with their digital coins. And while hundreds of startups and companies are trying to disrupt the level-playing field of blockchain services, one firm does it on a whole different level. Blockstream, a "pioneer in Bitcoin and blockchain technologies",…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 18, 2018. Highlights include: Crypto Bounces Back: As global stocks dropped, the crypto market make a strong push off the floor. The rebound was likely due to a short squeeze that took out a…
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Major payment system providers like Visa (NYSE:V) and MasterCard (NYSE:MA) may be having nightmares lately and for good reason. The word on the street is that Facebook is aggressively moving forward with plans to create an internal payment system that connects overnight its 2.3 billion active customer base. How do you do this feat without…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Gulf FX. 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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UBS (NYSE:UBS) has agreed to pay $15 million total fine to FINRA, SEC and FinCEN. The financial services company failed to implement anti-money laundering programs. Susan Schroeder, FINRA’s Executive Vice President, Department of Enforcement, commented on the news: AML systems must be reasonably designed to monitor transactions for potentially suspicious activity. When firms are part of…
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Australian regulator ASIC has announced that it has cancelled Evermore Money Management Pty Ltd's AFS license. According to the regulator, the company did not meet the license conditions. The complete text of the regulator’s decision can be seen below: ASIC has cancelled the Australian financial services (AFS) licence of Evermore Money Management Pty Ltd (Evermore) for…
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Google has just informed that it has added paysafecard, a prepaid solution and part of the payments services company Paysafe Group Plc (LON:PAYS), as a new payment method in the Google Play Store in five additional European countries: Germany, the UK, France, Spain and Greece. Earlier this year, Paysafe has teamed with Google to be…
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Brokeree Solutions, the Estonia based provider of high-grade technology solutions for forex brokers, has just announced that it has connected the Tel Aviv Stock Exchange (TASE) directly to MetaTrader 5. Last month the broker has integrated TASE liquidity into MetaTrader 4. Both connections were established via a Liquidity Bridge and allow trading of Israeli securities with ultra-low…
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