XTB obtains South Africa license
August 12, 2021 BY Steffy Bogdanova

XTB obtains FSCA license in South Africa

XTB is authorized by regulators to operate in following countries including Poland, the United Kingdom, CyPrus, Spain and Belize. The new authorization follows the recently acquired license in Dubai. A lot of financial services companies have recently gained regulatory license in South Africa including Exness, ETX Capital, Eurotrader and Qinox Tech.

Read more
Appital obtains £2.5m funding led by Frontline Ventures
August 12, 2021 BY Steffy Bogdanova

Appital obtains £2.5m funding led by Frontline Ventures

Mark Badyra, Chief Executive Officer of Appital, said: This is an exciting time for our business. We are delighted to have secured joint investment from Frontline Ventures and a number of angel investors to provide buy-side firms with new opportunities to discover and interact with latent liquidity. We enable buy-side firms to radically rethink their…

Read more
bitmex investigation
August 11, 2021 BY Steffy Bogdanova

BitMEX ordered to pay $100 million for illegal operation of a cryptocurrency trading platform

The US watchdog found that from November 2014 to October 2020 BitMEX offered leveraged trading of cryptocurrency derivatives to retail and institutional customers in the US, while operating as a common enterprise. BitMEX was aware that US customers could access the BitMEX platform. CFTC also found that US customers placed orders directly through BitMEX’s user…

Read more
cTrader Web & Desktop 4.1 now allows users to make crypto deposits
August 11, 2021 BY Steffy Bogdanova

cTrader Web & Desktop 4.1 now allows users to make crypto deposits

cTrader also improves the addition of indicative USD currency in TradeWatch which enables users to view their balance, equity, margin and P&L in the indicative currency of USD in a single switch via TradeWatch options. With the Advanced balance bar settings, users can configure and customize the balance bar in TradeWatch for their personal comfort…

Read more
Chantelle Johnson appointed as Chief Marketing Officer of Equiti Group
August 11, 2021 BY Steffy Bogdanova

Chantelle Johnson joins Equiti Group as Chief Marketing Officer

She will also help to scale the business in support of Equiti’s global growth strategy, which includes new markets, products and offerings to be launched in the near future. Iskandar Najjar added: Innovative offerings coupled with effective and efficient go-to-market strategies will give Equiti a leading advantage as we embark on the next phase of…

Read more
Paysafe names Chirag Patel CEO of Digital Wallets division
August 10, 2021 BY Steffy Bogdanova

Paysafe names Chirag Patel CEO of Digital Wallets division

Philip McHugh, Paysafe’s CEO, said: Chirag has an awesome track record as a high-performing payments’ executive and has successfully launched and grown multiple consumer-facing and B2B payments products and services around the world.  I’m thrilled to have someone of his caliber and energy-level to take our Digital Wallets business to the next level of growth.…

Read more