The Forex-and CFD-focused company, which was founded 20 years ago, now aims to onboard 10 million clients by 2030.
These 22 securities were being promoted on social media with the only purpose of inflating the price. The typical pump and dump scheme now being perpetrated on social media on a mass scale.
OFAC determined that BitPay failed to exercise due caution and did not voluntarily disclose the 2,102 sanctions violations. BitPay agreed to pay $507,375 to settle with the Treasury Department.
While “crime never pays” is far from being absolute truth, “no one likes a tattletale” has completely lost its meaning in the United States.
Aghaz is targeting U.S.-based Muslim consumers, but will soon offer custom-values products for anyone wishing to invest based on their personal values like climate change or equal rights.
In 2020, investment into UK fintech stood at $4.1 billion in 2020, which is more than the next 4 European countries combined.
“It’s most egregious in the momentum trading by novice investors lured in by new types of brokerage operation like Robinhood and I think all of this activity is regrettable.”
“It is our responsibility to ensure that [investors] have access to material information when planning for their financial future”.
Manooj Mistry is a senior leader, who is credited with the launch of Deutsche Bank’s Xtrackers ETP business in 2007
HSBC, one of Canary Wharf’s mainstays in the electronic trading industry, is going through a huge restructure with execs off to the APAC region and closure of over 40% of London office space
The regulator has also clarified it will not provide immunity from any administrative or compensation actions. In the meantime, the US SEC announced it has awarded a total of $741 million to 136 whistleblowers since 2012.
Tether is supposed to always have the same real-dollar value, backed one-to-one by U.S. dollars in reserve, but iFinex — the operator of Bitfinex — and Tether have allegedly made false statements about the backing of the “tether” stablecoin.
South Korea has been a cryptocurrency hub right from the beginning, with some of the first bitcoin exchanges and the highest trading volumes, but regulatory forces were kept from intervening like in the United States. Not even capital gains taxes on Bitcoin et al. That is about to change.
While institutional demand for digital assets has become a reality within the trading industry, the future of the cryptocurrency ecosystem is still unknown as a wide number of top officials still regard Bitcoin et al as having no intrinsic value.
“It’s not necessarily just the trading, but it’s looking at the holistic products and services your institution provides”, said Mr. Ruppert.
Clients can now earn rebates up to $15 per million based on their deposits and monthly trading volumes.
The warning comes nearly one month after the ‘meme stock’ trading frenzy jumpstarted by the r/WallStreetBets subreddit. The exchange operator based in the United Kingdom is addressing the issue ahead of what might happen in the future as ‘meme stock’ trading grows in adoption.
After serving approximately half of his 11-year jail sentence, former UBS and Citigroup FX trader Tom Hayes believes he is owed justice
The collaboration has enabled Raiffeisen to provide faster and better pricing for their clients in local currency bonds while significantly reducing their request for quote (RFQ) response time