Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers, said: Interactive Brokers has its roots in technological innovation and Request for Payment is yet another example of how we offer clients advanced technology solutions to make it simple to fund and manage accounts. Both new retail investors and our active trader client base…
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The Bitcoin third block halving event took place this Monday. Every four years the amount a bitcoin minor receives is cut in half as a deflationary measure. The Bitcoin reward has gone down to 6.25 BTC from 12.5BTC. The algorithm behind the halving is designed to limit the total number of Bitcoins issued to 21 million…
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The multi investment bank is providing cash-management and dollar-based transaction services for the two exchanges’ US customers, as well as processing wire transfers and deposits and withdrawals using an electronic funds-transfer system. Coinbase and Gemini’s customers will be able to move money between their cryptocurrency accounts and their traditional bank accounts with the transactional services…
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When Bitcoin and Ethereum were the only games in town, the issue of token standards and interoperability was not even on the radar screen, but today, with thousands of crypto development programs and tokens to match, it is time to “address the need to universally define tokens and how their implementation can occur, interchangeably, across…
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The U.S. Congress holds hearings from time to time, but the controlling party in either the House of Representatives or the Senate determines the agenda and the attendees. The Democrats control the House now, and the Republicans remain in control of the Senate. In their new role, Democrats called a hearing of the nations’ largest…
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After Jamie Dimon, the CEO of JPMorgan, slammed bitcoin as a "fraud", JPMorgan is now reportedly heading to bitcoin futures, once CME launches the product in early December, 2017, according to CNBC. A report from Wall Street Journal reads: "J.P. Morgan is considering whether to provide its clients access to CME's new bitcoin product through…
Read moreCLS Group, a provider of risk management and operational services for the global foreign exchange (FX) market, has announced its intent to release a payment netting service, CLS Netting, for buy-side and sell-side institutions’ FX trades that are settled outside the CLS settlement service. David Puth, CEO of CLS, commented: Working with our settlement members…
Read moreJP Morgan Chase & Co now holds 4.66% of Plus500's shares, having made a further sale yesterday. The total amount of Plus500 shares held by JP Morgan Chase & Co is now 5,356,810
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