FX Daily News 2 September 2015
Andrew Saks-McLeod looks at this week’s Forex Industry News (Sep 2, 2015).
Andrew Saks-McLeod looks at this week’s Forex Industry News (Sep 2, 2015).
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Digital Assets 
Zero Hash obtains AUSTRAC registration in Australia
Seed CX is expanding the reach of its crypto settlement solution, dubbed ‘Zero Hash,’ which has registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) as a digital currency exchange provider.
Digital Assets 
UK advertising watchdog slams Arsenal over misleading crypto ads
The UK advertising watchdog has reprimanded Arsenal Football Club for promoting crypto assets without warning fans of the potential associated risks.
Retail FX 
Swissquote profit slips as crypto revenue falls by two thirds
Swissquote Group, Switzerland’s provider of online trading services, reported that its H1 revenues dropped by nearly a quarter from a year ago as clients’ interest in crypto trading stagnated.
Digital Assets 
Crypto.com granted approval to operate business in Cayman Islands
Crypto.com, one of the longest-established crypto platforms, has obtained a new registration in the Cayman Islands under the Virtual Asset Services Providers Act.
Executive Moves 
United Fintech hires Mitch Vine and Danny Finnerty to expand US footprint
“United Fintech’s expansion in the US is pivotal to our mission of helping financial institutions digitize and gain access to best in class capital markets focused technology.”
Digital Assets 
Ankr backed by Binance Labs after several initiatives in support of BNB Chain
Ankr has made a series of upgrades to the BNB Chain, including Erigon, the Archive Node, and the latest BNB Application Sidechain (BAS) scalability solution.
Retail FX 
Financial Commission terminates membership of LordFX
The Financial Commission, an independent self-regulatory compliance specialist for the financial services industry, has expelled forex brokerage LordFX from its membership, according to a FinaCom statement.
Industry News 
Match-Prime Liquidity sponsors Cypriot football club Omonoia FC
“We feel privileged to support Omonoia as it’s one of the largest teams in Cyprus, fandom size-wise, and we know it has a special connection with its supporters.”
Institutional FX 
XTB’s X Open Hub adds 30 cryptos to white label offering for brokers
Its solutions include deep institutional liquidity on more than 5,000 global instruments, such as indices, shares, forex, cryptocurrencies, commodities, and ETFs, and a white label platform that can be fully customized and branded for each brokerage.
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