Etheera (ETA) is a Swiss-based decentralized global real estate platform, based on the Ethereum blockchain, which provides properties for purchasing, renting and bed & breakfast offers, as described on their website. The token has sparked interest across the cryptocurrency community, as the token has increased its value by more than 80,000% over the last two…
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The managing director of the International Monetary Fund (IMF), Christine Lagarde, stated at the Singapore Fintech Festival today that the use of cryptocurrencies can help governments around the world establish the much sought-after financial inclusivity, consumer protection and better security, all relieving the growing concerns over privacy issues. Ms. Lagarde pointed out that financial institutions…
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The Cyprus Securities and Exchange Commission (CySEC) has just informed investors that it has suspended Fenix Capital Markets Trading's CIF license. The complete text of the regulator’s decision can be seen below: Announcement date: 14.11.2018 CySEC Decision date: 14.11.2018 Regarding: Fenix Capital Markets Trading Ltd Legislation: The Investment Services and Activities and Regulated Markets Law…
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The Gibraltar Stock Exchange (GSX) has today announced a joint venture with the Hong Kong publicly listed company Chong Sing Fintech Holdings Limited and blockchain development company Prime Fintech Co. Ltd. to establish the group Hashstacs Inc.. This joint venture represents a major step forward in realising the GSX vision to build a trusted global…
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The Cyprus Securities and Exchange Commission (CySEC) has just informed investors about the withdrawal of Qino Management Advisory Ltd.'s CIF authorisation. The complete text of the regulator’s decision can be seen below: Announcement date: 14.11.2018 CySEC Decision date: 05.11.2018 Regarding: Qino Management Advisory Ltd Legislation: The Investment Services and Activities and Regulated Markets Law Subject: Withdrawal…
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The Financial Conduct Authority (FCA) has announced that it has banned Darren Lee Newton from working in the financial services sector. The FCA discovered Mr Newton used customers’ money for the purchase of the debt management firm, First Step Finance Limited. This showed a serious lack of honesty and integrity. The FCA has decided that…
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Amun AG, a Swiss fintech special purpose company that is launching exchange-traded products in the cryptocurrency space, has informed that it has hired Mark Rodino as Managing Director & Global Head of Distribution. Rodino joins the Amun team in preparation for a new suite of financial products in the form of Exchange Traded Products (ETPs)…
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The Monetary Authority of Singapore (MAS) has released a consultation paper on the creation of pre-defined sandboxes, known as Sandbox Express, to complement the existing FinTech Regulatory Sandbox that was launched in 2016. The aim is to enable firms which intend to conduct regulated activities to embark on experiments more quickly, without needing to go…
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Forex, CFDs and cryptocurrency derivatives trading broker ThinkMarkets has just announced that it has extended its CFD product offering to include global equities. The firm now covers trading in equity derivatives contracts from North America, Europe & Asia financial markets. The new instruments will be available on the firm’s proprietary trading platform, Trade Interceptor. In…
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Nasdaq (Nasdaq: NDAQ) has announced the appointment of a new Chairman and two non-executive members of the Board of Nasdaq Nordic Ltd: Peter Norman, as the new Chairman, and Carl Löfgren and Merja Karhapää as Board members. Lars Wedenborn, Chairman of Nasdaq Nordic, has stepped down after serving on the Board for nine years and…
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