Tag: Crypto

digital wallet
February 24, 2021 BY Steffy Bogdanova

Skrill introduces new withdrawal feature to the digital wallet

Lorenzo Pellegrino, CEO of Skrill, NETELLER, and Income Access at Paysafe. said: More people than ever are buying cryptocurrency as a long-term investment, particularly in light of recent institutional backing from the likes of Tesla, which has driven Bitcoin to fresh all-time highs. Skrill, part of the integrated payments platform Paysafe, works to develop global…

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February 24, 2021 BY Steffy Bogdanova

RoboMarkets to stop offering trading services for crypto CFDs

Denis Golomedov, CMO at RoboMarkets commented: We have claimed repeatedly that our priority is protection of clients’ interests. That is why we have decided to close crypto for our clients. This will help us make the clients’ assets safe from high risks entailed by operations with crypto instruments. The decision is influenced by UK FCA’s…

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IG to stop offering crypto to UK retail clients
February 22, 2021 BY Steffy Bogdanova

IG to stop offering crypto to UK retail clients

The post said: On 6 January we restricted UK retail clients from increasing their exposure to cryptocurrencies, in accordance with the ban imposed by the Financial Conduct Authority (FCA) on the sale of crypto derivatives. We have now reached our internal product limit for exposure to cryptocurrencies, and as a result will be removing cryptocurrencies…

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Bitcoin
February 19, 2021 BY Steffy Bogdanova

Tesla’s bitcoin purchase brokered by Coinbase

Not only has Coinbase facilitated major purchases from Tesla, but its agency OTC desk also acted as the primary execution partner for a multi-billion bitcoin investment throughout last year for business intelligence service, MicroStrategy. Instead of executing client trades on an exchange, the OTC agency unit earns its commission by completing client deals directly between…

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Forex Weekly Look Back
February 12, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: StoneX revenue up 1,200%, FXSpotStream appoints Matthew Fic as Americas Head of Sales

Multi-asset broker Exness will be taking part in the iFEX virtual expo on the 10th and 11th of February as a strategic sponsor. The first financial virtual expo in the MENA region will attract attendees from leading brands in the online trading, fintech, banking, digital assets, blockchain, and payments sphere, in a full-scale, highly immersive…

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Mastercard
February 11, 2021 BY Steffy Bogdanova

Mastercard to support some cryptocurrencies in 2021

Mastercard already provides its customers with cards allowing them to have cryptocurrency transactions, even though it does not go through its network. The payment giant also pointed out that not all cryptocurrencies will be supported on its network but it will carefully decide which ones to add. The official statement said: This is a big…

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avelacom
February 11, 2021 BY Steffy Bogdanova

Avelacom extends low latency connectivity and data solutions to AWS North California

With the new point-of-presence, the company has created a global environment that connects major crypto exchanges across multiple geographies: America (Gemini, CME, ICE’s Bakkt, Coinbase, Kraken, Bittrex), Europe (BitMEX, Deribit, LMAX, Bequant, Bitstamp, Bitfinex) and Asia (Binance, Huobi, FTX, OKEx, Bybit). The interest in crypto trading among institutional investors involved has been growing and they…

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January 28, 2021 BY Steffy Bogdanova

Reddit partners with Ethereum Foundation to build scaling tools

The official announcement stated: In many ways, this collaboration started with the Scaling Bake-Off that we hosted in this community with the Ethereum Foundation. In this new stage of our partnership, immediate efforts will be focused on bringing Ethereum to Reddit-scale production. Our intention is to help accelerate the progress being made on scaling and…

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