M2, the Abu Dhabi-based trading platform, announced its new partnership in a bid to supply UAE customers space to trade virtual assets. While M2 became a fully regulated Multilateral Trading Facility (MTF), eToro was granted Financial Services Permission (FSP) and is now a registered crypto assets broker. Key differences between the MTF and FSP statuses…
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Customers in Brazil will now be able to access OKX’s leading crypto spot and derivatives exchange. Sacamone noted: We know that Brazilians expect fast and liquid trading, along with a secure self-custody wallet solution, all in one app. The local exchange is likely to be popular with traders in the region; research by Chainalysis found…
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Complementing its existing range of commodity CFDs, clients trading with FP Markets can now trade and invest in several new and exciting commodities. This includes spot gold (XAU) versus several widely traded currencies, such as the British pound (GBP), the Singapore dollar (SGD) and the Chinese Renminbi (CNH), as well as other popular hard commodities…
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The crypto giant, Bitcoin, witnessed a slight decline of 1.11%, accompanied by a notable 71.58% increase in market volume over the last 24 hours, reaching $14.85bn. However, the cryptocurrency had touched its yearly high by surpassing the crucial $38,000 mark in the previous week. Ethereum also saw a 1.42% decline to $2,045.62, with its trading…
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While the move is only temporary, it’s yet another blow for a company that is struggling to maintain a steady cash flow and repay its creditors. Zipmex looked to have secured its financial future earlier this year when V Ventures announced a $100m buyout, but the acquisition fell through weeks later. _______________________________________________________________________________________________________________________________ Don’t miss out…
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CFI’s co-founder and Managing Director, Hisham Mansour, observed that the latest acquisition is a testament to its ability to deliver fast, secure and regulated access to financial markets. It also puts a cap on a fine year for a company which offers more than 15,000 tradeable products and enables customers to conduct transactions in stocks…
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Charged with breaking US anti-money-laundering laws, fraudulent customer funds management and conspiracy to commit fraud, Zhao now faces a $4.3bn settlement that must be paid to cover a federal investigation into Binance’s illegal activities by US Securities and Commission Exchange (SEC). _____________________________________________________________________________________________________________________________________ Don’t miss out the latest news, subscribe to LeapRate’s newsletter _____________________________________________________________________________________________________________________________________ To counter…
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As such, it sets out the minimum requirements for technology and cyber risk management that DPT service providers have to comply with. To mitigate risks, Singapore’s financial watchdog recommends the DPT platforms discourage retail speculation in cryptocurrencies. The proposed consumer access measures determine that DPT service providers should be responsible for determining a customer’s understanding…
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It took almost 300 days to form the coalition of Mark Rutte, the previous prime minister, and this shock win is raising eyebrows as Wilders’s party believes in leaving the European Union (EU), tightening immigration laws, and higher taxes for banks. Many feel this will alter the collaborative image associated with the Netherlands. In the…
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The innovators of ChatGPT responded by headhunting and hiring Emmett Shear, the former head of the Twitch streaming site. This debacle led to 700 employees putting their names to paper, threatening to leave the company and join Microsoft (MSFT.O) if Altman was not reinstated. The newly appointed interim CEO Mira Murati took to X (formerly…
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