Marcus stated: We can then branch out and offer a variety of other financial services in partnership with respected and well-regulated partners, and expand from there. Facebook did not specify a launch date. It also did not give information on which coins the wallet would hold. David Marcus, who is the head of F2 or…
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Binance has faced an intense scrutiny and regulatory backlash recently. In June, the FCA banned Binance from undertaking any regulated activity in the UK, following a warning placed by the Japanese regulator, the FSA. However, this did not happen in Australia. The move follows the recent warning the Australian regulator issued against trading crypto through…
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The Exhibition will include more than 100 financial brokers, Technology Providers such as B2Broker, Affiliates and service providers, meeting the high demand MENA markets. Acting as a platform for for financial institutions and individuals across the entire trading and investing space, Forex Expo will unite and establish key connections. It will allow participants to meet…
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Despite the increase in revenue, the company is still running at a loss, reporting a net loss during Q2 2021 of $502 million, or -$2.16 per share. In the second quarter of 2020, it reported a net income of $58 million, or $0.09 per share. Adjusted EBITDA (non-GAAP) was $90 million in the second quarter…
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When approached by the Financial Times, Cboe, who also owns stock exchange operator BATS Global Markets, said it "does not comment on market rumours or speculation." Despite the denials, any deal would mean two of the most important names in financial market derivatives coming together. CME Group (Chicago Mercantile Exchange, Chicago Board of Trade, New…
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Doron Rozenberg, head of marketing in DACH region, eToro: At eToro, we believe that sponsorship as an integral part of sports can be an element to connect with the different stakeholders within a football community. The Red Bull Arena will show eToro during the home games and the broker will be integrated into the digital…
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Gopher Investments made a $250 million offer to acquire Playtech’s financial business. In early July, the Hong Kong-based 4.67% stakeholder of Playtech, urged the shareholders to adjourn their meeting or reject the offer by the Consortium. With the Consortium’s approval, Playtech made efforts to find out Gopher’s source of funds and understand the company’s structure.…
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Plaid also intends to bring in new products that will allow banks and fintech companies to connect more easily. This will provide the level of security that banks expect while also making sure that no functionality is removed. As the fintech landscape continues to move forward, new and innovative products are vital to the industry’s…
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Mary Kay Bowman, global head of buyer, seller, core and platform products at Visa, commented: Customers love the flexibility of being able to pay over time with installments, as evidenced by the rapid growth in the space. At Visa, we’re working with partners like i2c to accelerate the distribution of more BNPL payment options for…
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Plus500 stated: The Company will hold the repurchased shares in treasury. Following the purchase of these shares, the remaining number of ordinary shares in issue will be 101,331,310 (excluding treasury shares), and the company will hold 13,557,067 ordinary shares in treasury. Therefore, the total voting rights in Plus500 will be 101,331,310. The CFD trading platform…
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