The following article was submitted by Tamara Backovic, Content Specialist at fortunly.com. Bitcoin has been teeming with potential since the day it was rolled out. Of course, the timing of its introduction helped, giving humankind a promising alternative to the fundamentally broken fiat money at the height of the 2008 financial crisis. Many people around the world…
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Digital currencies and distributed ledger technologies (DLT) have been faced with continuous change and fluctuation in their legislative environment in recent years, Forbes reports. Electronic money was not always as popular as it is today upheld only technologists and Libertarian in the beginning. This changed as cryptocurrencies and blockchain technology spiked interest and powered up…
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Liquid, a Japanese cryptocurrency exchange, is introducing Bitcoin perpetuals with 100:1 leverage ratio. The exchange is the latest one that is adding the Bitcoin product to its platform. The difference between futures and perpetual contracts is that unlike futures, perpetuals do not have an expiry date. As stated by Liquid, a perpetual contract also does…
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The cryptocurrency industry may be gaining worldwide recognition from top regulators and financial institutions. The global community, represented at WEF 2020, seems to be warming up to the crypto industry and steps are now taken to shape the sector and help it grow. The 2020 World Economic Forum that took place in Davos announced the…
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The financial regulator in Singapore, the Monetary Authority (MAS) has just announced the introduction of the Payment Services Act (PSA), which aims to serve as the new regulatory framework for cryptocurrency payments. The new framework will promote and boost the consumer confidence in transaction with digital assets, believes the regulator. The legislation was passed in…
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HSBC announced on Thursday that Kaber Mclean was appointed as Chief Executive Officer of the bank’s Australian office. The lender aims to expands in the region as Hong Kong operations are under pressure of anti-government riots. Mclean has been with HSBC since 1996. For more than two decades of service at the bank, he has…
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The Australian Securities & Investments Commission (ASIC) announced yesterday the suspension of the Australian financial services (AFS) licenses of financial services providers Theta Asset Management, Valuestream Investment Management and Global Merces Funds Management. Theta Asset Management Ltd and Valuestream Investment Management Ltd’s licenses have been suspended until 21 July 2020 because two entities are under…
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The Securities and Exchange Commission (SEC) announced yesterday that two whistleblowers were awarded for providing timely and crucial information in two separate cases of fraud. Both whistleblowers assisted SEC in stopping fraudulent schemes exploiting retail investors. The first whistleblower alerted SEC of fraudulent actions and the agency awarded them with more than $277,000 for his…
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LeapRate Exclusive… Michael Karczewski, Chief Operating Officer and Christopher Dankowski, Chief Business Development Officer at Match-Trade Technologies, join Leaprate today to talk about how Forex market has changed during last year and what are the upcoming trends. LR: There was a lot of turmoil on the Forex market last year, what do you think has…
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Dukascopy Bank is growing its crypto eco-system by adding new services. The bank’s clients can already fund trading accounts with Bitcoin, exchange Dukascoin, the bank’s own cryptocurrency, on the internal marketplace and trade CFDs on Bitcoin to US Dollar and Ethereum to US Dollar with leverage of up to 1:3. Dukascopy Bank was the first…
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