LeapRate Staff
LeapRate Analyst
digital versus fiat currency
February 20, 2018 BY LeapRate Staff

Out with Fiat, In with Digital Currencies?

Digital currencies have some challenges if they are ever to actually replace the fiat system. It’s true that more and more crypto-friendly merchants and businesses are popping up around the world, but with that comes significant regulatory backlash.

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verifymytrade autochartist
February 20, 2018 BY LeapRate Staff

Autochartist acquires Retail FX trade execution verification tool VerifyMyTrade

Retail FX trading tools provider Autochartist has announced an expansion of its services, by way of acquiring a controlling stake in VerifyMyTrade - a company specializing in measuring the quality of execution in the retail forex market. The VerifyMyTrade Trust Builder enables traders to verify, via an industry acknowledged impartial service provider, whether the price…

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bitcoin tax
February 19, 2018 BY LeapRate Staff

Israel to tax Bitcoin as an Asset, not a Currency

The Israel Tax Authority, Israel's version of the IRS, has issued a circular detailing its position on Bitcoin and other virtual currencies. Effectively, the Tax Authority divided its opinion into two parts, with varying treatment to those who buy Bitcoin or other virtual currencies as an investment, versus those who trade actively or offer brokerage services…

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Richard Bayliss Playtech
February 19, 2018 BY LeapRate Staff

Playtech hires UK Gambling Commission exec Richard Bayliss to senior Compliance role

Online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has announced the appointment of Richard Bayliss, former Senior Online Manager at the UK Gambling Commission, to its Compliance team as Regulatory Compliance Manager. Richard Bayliss had spent the past 11 years at the UKGC, in a variety of compliance and regulatory roles. In his new role…

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FCA publishes its Quarterly KPIs, no clear trends indicative of firm responses to Brexit
February 19, 2018 BY LeapRate Staff

Investors relieved at smooth roll out of MiFID II

The following article was written by Adinah Brown, content manager at Leverate. In 2004, the European Commission Financial Services Action Plan launched the Markets in Financial Instruments Directive, or MiFID, which subsequently morphed into MiFID II. This directive contained a total of 42 regulations that were intended to significantly change how the EU’s financial service markets…

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