LeapRate Staff
LeapRate Analyst
April 13, 2018 BY LeapRate Staff

Exclusive: Google Play bans all Binary Options trading apps

LeapRate Exclusive... LeapRate has learned that online giant Google has taken what seems to a final step in the coffin of Binary Options trading, issuing a blanket ban on all apps which allow Binary Options trading in its Google Play apps store. In its Developer Policy Center, Google Play issued new updates and guidelines for…

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April 13, 2018 BY LeapRate Staff

Paysafe acquires SMB payments processor iPayment

Payments solutions provider Paysafe, parent company of Skrill and NETELLER, has announced that it has agreed to acquire iPayment Holdings, Inc., a U.S. based provider of payment and processing solutions for small and medium-sized businesses (SMB). The acquisition forms part of Paysafe’s previously stated investment strategy to expand its presence in North America in response to significant…

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April 13, 2018 BY LeapRate Staff

ESMA warns of imposter trying to steal personal data

Pan-Europe financial regulator The European Securities and Markets Authority (ESMA) has announced that it has been informed of an individual operating under the name “Edward Stewart”, using ESMA’s identity and logo. This individual is presenting himself as an employee of ESMA conducting investigations in order to steal personal data and convince the potential victims to transfer…

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April 12, 2018 BY LeapRate Staff

Algointeractive Inc and owners Kevin Whylie and Matthew Zecchini charged with investment fraud

The U.S. Commodity Futures Trading Commission (CFTC) announced that it has filed a civil enforcement action in the U.S. District Court for the Southern District of New York against Defendants Kevin P. Whylie of Mamaroneck, New York; Matthew James Zecchini of East Islip, New York; and Algointeractive Inc, a New York corporation owned and controlled by Whylie and Zecchini.…

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April 12, 2018 BY LeapRate Staff

The importance of an FCA license - FXTM's Martin Couper speaks

We had reported back in February that Retail FX and CFDs broker FXTM has received a license from the FCA for a new UK-based subsidiary Forextime UK Limited, and was launching a London-based operation. Why add the FCA license to a broker already licensed in several jurisdictions, including the EU (Cyprus)? We're pleased to present…

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April 12, 2018 BY LeapRate Staff

Facebook and Google are purging Crypto ads: Is Bitcoin slated for doom?

The following article was written by Amram Margalit, content manager at Leverate. Barely a month after reaching its five-figure mark for the first time, Bitcoin cemented its glory year in 2017 by reaching $20,000. This meteoric rise in Bitcoin value brought it, along with other cryptocurrencies, into mainstream consciousness. However, that all-time high was short lived, with…

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April 12, 2018 BY LeapRate Staff

Geely’s takeover of Saxo Bank gets Denmark FSA approval

Saxo Bank has announced that the Denmark financial regulator FSA has approved the transaction which will see China's Geely Group take control of the Copenhagen based online trading services provider. The transaction, first announced in October 2017, saw China’s Geely and Finland’s Sampo take control of Saxo Bank, buying out TPG Capital and SinarMas in…

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