Ireland Grants Coinbase An e-Money License To Operate In The EU
Brexit hasn’t affected the fintech industry in the United Kingdom as much as the financial sector. These concerns have also hampered cryptocurrency companies who have considered moving out of the UK to mitigate these risks. Coinbase which has its non-US headquarters in London recently announced
Read MoreChina’s Removal of QFII & RQFII Caps Will Not Impact FX Market
Foreign investors who wanted to pump money into China were earlier limited by the qualified foreign institutional investors (QFII) scheme and the renminbi qualified foreign institutional investor (RQFII) program. These two restrictions turned out to be a big hurdle in
Read MoreJapan’s LINE Launches Crypto Exchange With 5 Currencies
If there is anything that encourages people to use cryptocurrencies, it is being able to access it more easily. With the opening of Line’s new BitMax crypto exchange, there is a bigger chance for cryptocurrencies to be accepted more freely
Read MoreBEAC Issues Tougher FX Rules To Curb Money Laundering
The Banque des États de l’Afrique Centrale (BEAC) has been in a crisis state now when it comes to forex and money laundering. The BEAC recently issued new rules to control both these activities but the new laws have upset
Read MoreCboe FX Sees Spike In Average Trading Volumes Last Month
Cboe Global Markets, Inc. is one of the biggest names in the market it comes general trading. The company offers a wide range of products and services when it comes to trades. This is not surprising considering the company runs
Read MoreECB President-elect Calls for Fiscal Stimulus in Europe
Christine Lagarde who heads the International Monetary Fund (IMF) is expected to vacate her post as she has recently been voted in as the European Central Bank’s (ECB) president-elect. She is getting into the swing of things even before her
Read MoreGlobal Investors Are Paying More Attention To Single Stock CFDs
Single stock contracts-for-difference (CFDs) have been around for quite sometime now. However, due to the increasing regulations being imposed on trading firms, single stock CFDs are gaining a lot more attention these days as they are turning into the most
Read MoreJPMorgan Set To Disrupt FX Market, Introducing New Algorithms
The foreign exchange market is growing at a rapid pace as more investors are getting involved in the lucrative FX market. One of the reasons for this growth is due to the use of machine learning tools that allow for
Read MoreASIC Report Shows More Aussies Are Turning To FX Trading
The Australian Securities and Investments Commission (ASIC) has reported a growing interest in foreign exchange (forex) trading among Australian retail investors. In a recent speech, Cathie Armour, ASIC Commissioner pointed out that the number of retail clients trading over-the-counter derivatives
Read MoreFX Brokers Losing Money Due To Regulations & Low Volatility
Retail trading once had the reputation of being a great vehicle for bringing in high returns to investors. That reputation is now questionable given the fact that stringent rules imposed by numerous financial regulators in recent months have killed high-volume
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