May 27, 2020 BY Steffy Bogdanova

Starting a FX hedge fund in 2020

The economic impact and shock will be felt across the markets for some time. FX volatility will be present as an economic effect and ultimately manifest itself in fluctuating currency rates. There are a few regulatory frameworks that were launched in the last five years that anyone who want to establish an FX Fund in…

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May 27, 2020 BY Steffy Bogdanova

New Zealand FMA adds New Economic Evolution of the World to its warning list

The New Zealand regulator found that New Economic Evolution of the World (NEEW) (formerly Skyway Investment Group, Skyway Capital, Skyway Group) website lists bank account number in the name of a third party in Russia. “RTN” Limited Legal address: 664081, Irkutsk, Krasnokazachya st. 133/5 INN/KPP: 3811031100/381101001 OGRN: 1153850012557 Registration date: 24.03.2015 г. Payment account: 40702810448100001478 Correspondent…

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New DXtrade trading platform launched by Devexperts
May 27, 2020 BY Steffy Bogdanova

Devexperts launches SaaS trading platform DXtrade

The trading platform also offers several proprietary trading tools encompassing custom trading journals, dashboards, modern navigation and others on a user friendly mobile and web UIs which improve client acquisition and retention. Conor O’Driscoll, VP of OTC Platform, said: At Devexperts we have been experts in building custom trading solutions for top brokerage firms for…

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May 27, 2020 BY Steffy Bogdanova

South Korea’s fintech sandbox raises $110 million funding

The regulator has reported that 36 fintech services have launched through the sandbox after close monitoring for a year. Another 66 services are finishing their final stages, expected to go live sometime in 2021. The $110 million raised in venture capital through the sandbox was brought by 16 of the 54 fintechs in the programme.…

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May 26, 2020 BY Steffy Bogdanova

Eidoo and Visa team up to bring new Visa crypto debit card

Eidoo’s card will be allow storage of two cryptocurrencies, Bitcoin and Ethereum, as well as fiat funds. Contis as a principal member of Visa Europe and holder of a UK e-money license will act as the issuer of the Eidoo Card. The new card will utilize regulated stablecoins for crypto-to-fiat conversion from UK financial firm…

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