asic afs license
November 30, 2018 BY Valentina Kirilova

ASIC cancels Berndale Capital Securities AFS license

Australian regulator ASIC has informed earlier today that it has cancelled Melbourne based retail OTC derivative issuer, Berndale Capital Securities Pty Ltd’s (Berndale) Australian Financial Services (AFS) license. The official reasons ASIC pointed out are that Berndale: failed to take reasonable steps to ensure that its representative complied with financial services laws; failed to have…

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INTL FCStone’s Carsten Hils discusses the impact the current crisis has on FX markets
November 30, 2018 BY Valentina Kirilova

NGC teams up with AERGO to drive enterprise-focused blockchain networks

Blockchain investment fund NEO Global Capital (NGC) has teamed up with the Samsung-backed startup partner AERGO. NGC will advance the AERGO ecosystem through advisory support and drive collaborations with enterprises across Asia. AERGO is going to provide firms with a different way to transfer data and value securely. The platform's aim is to flexibly deploy distributed applications.…

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Bitcoin bounces back over $4,000, but is this recovery temporary?
November 29, 2018 BY Valentina Kirilova

Bitcoin bounces back over $4,000, but is this recovery temporary?

Bitcoin enthusiasts breathed a sigh of relief yesterday, as the popular cryptocurrency bounced off $3,650 and rose back over an all-important psychological support level of $4,000. For the greater part of the day, Bitcoin’s price gyrated below the $4,500 watermark, reclaiming a market cap in excess of $70 billion. Bitcoin’s share of the overall coinage…

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Nasdaq
November 29, 2018 BY Valentina Kirilova

Nasdaq to pursue BTC Futures despite plunging prices

Nasdaq Inc. has informed the public that, despite headlines this week and plunging prices, it is moving ahead with its plan to list Bitcoin futures, according to Bloomberg. The New York exchange operator, along with the VanEck company, plans to launch bitcoin futures in the first quarter of 2019. Despite lofty hopes that Bitcoin futures would…

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Daily Market analysis
November 29, 2018 BY Valentina Kirilova

Daily Market Brief: US stocks jump on Fed remarks and more

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided daily commentary on traditional and crypto markets for November 29, 2018. Highlights include: BTC Found Bottom? Bitcoin has found a new line of support following yesterday’s news about the Nasdaq pursuing BTC futures. Other institutional voices such as Mohamed El-Erian of Allianz have voiced…

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æternity releases a live version of its blockchain platform
November 29, 2018 BY Valentina Kirilova

æternity releases a live version of its blockchain platform

æternity, the open-source smart contracts blockchain protocol, has just informed that it has released Roma, the first live implementation of its blockchain. The Roma Release features a stack of technological solutions that address blockchain scalability and enable developers to create decentralized applications in Sophia, the functional programming language developed by æternity. Commenting on the release,…

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Chinese Fintech company Paytend chooses Lithuania for European headquarters
November 29, 2018 BY Valentina Kirilova

Chinese Fintech company Paytend chooses Lithuania for European headquarters

Paytend Technology, a Chinese company developing and selling financial services software, has just announced that it has chosen Vilnius, Lithuania, for its European headquarters. The company plans to hire up to 50 highly qualified professionals in the fields of sales marketing, compliance, product development and customer support in the following 3 years. Obtaining an electronic…

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November 29, 2018 BY Valentina Kirilova

FCA publishes EU Withdrawal Impact Assessment

The Financial Conduct Authority (FCA) has announced today that it has published its EU Withdrawal Impact Assessment. The Treasury Select Committee requested the FCA to assess the impact of the UK’s exit from the EU across three areas: The UK leaves the EU without an agreement either on 29 March 2019 or after the transitional…

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fca warning clone firm
November 29, 2018 BY Valentina Kirilova

FCA warns against Equistone Volkswagen AG clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Equistone Volkswagen AG. 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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Brokeree Solutions integrates TASE into MT4/MT5 Liquidity Bridge
November 29, 2018 BY Valentina Kirilova

Brokeree Solutions integrates TASE into MT4/MT5 Liquidity Bridge

Brokeree Solutions, the Estonia based provider of high-grade technology solutions for forex brokers, has just announced that it has integrated Tel Aviv Stock Exchange (TASE) liquidity into MetaTrader 4. The connection is established via MetaTrader Bridge by Brokeree Solutions and provides brokers with a zero-latency order execution of Israeli securities on the exchange. Brokeree’s MT4/MT5 Liquidity…

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