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Bithumb Hong Kong Executives Face Criminal Lawsuit

Bithumb’s previous partner in Thailand has filed a civil lawsuit against the Hong Kong subsidiary of the South Korean crypto exchange group for breach of contract and also brought criminal charges of fraud against top executives. According to The Korea Times report on Tuesday, this is the second such lawsuit filed by the former Thai […]

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FMTV Interview: Marketing in Fintech

Marketing in the financial services industry can represent a wide range of challenges for brokers and individuals. The industry has become increasingly cutthroat with many competitors offering varying degrees of services and products. As such, it is difficult to consistently market to a client base that is also demanding more for seemingly less. The industry […]

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PlusMarkets.eu Adds New Crypto Trading Pairs to its Asset List

PlusMarkets.eu, a European brokerage firm, has added an extensive list of new cryptocurrency trading pairs widening their traders investing horizons. The firm now offers an additional 14 crypto-fiat trading pairs, apart from 300+ other trading instruments. PlusMarkets.eu offers CFDs on a wide range of instruments, including global stocks and indices, forex, commodities and ETFs. The […]

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ETH Holdings of Top 10 Ethereum Addresses Reach a New High

Ethereum (ETH) whales are increasing their portfolios rapidly amid a surge in the price of the world’s second-largest cryptocurrency. Crypto data provider, Santiment recently highlighted a significant jump in ETH holdings of the world’s top 10 non-exchange Ethereum addresses. According to Santiment, the top 10 non-exchange ETH addresses are now holding 21.3 million Ethereum, the […]

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6 AMLD, GDPR and the European Space Agency – A Groundbreaking Reform?

6 AMLD has brought upon the EU market, and in turn as a spillover effect to the global market, drastic changes in the way regulators perceive anti-money laundering (AML) and counter-terrorist financing (CTF) both in the private sector and the governmental sector. While the private sector has been bearing itself for a significant change in […]

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Brazil Approves the First Ether ETF Listed in Latin America

Comissao de Valores Mobiliarios (CVM), Brazil’s securities regulator, has granted on Wednesday the official green light to an Ether (ETH) exchange-traded fund (ETF) operated by QR Capital, a holding company owned by QR Asset Management. The ETF will be trading under the QETH11 ticker in the B3 stock exchange, according to the announcement published via […]

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Plus500 Announces Completion of Cunningham’s Acquisition

Plus500, an online CFDs broker, today announced that it has completed the acquisition of the entire membership interests of Cunningham Commodities and Cunningham Trading Systems. Plus500 termed the latest acquisition as an important ‘growth opportunity’ for the company to expand its presence globally. Plus500 aims to access future growth through organic investments and targeted acquisitions. […]

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Binance to Stop Offering Margin Trading with GBP, EUR and AUD

Binance is aggressively minimizing offering some risky crypto trading services. The exchange announced on Monday that it will stop offering crypto margin trading with the pound sterling, euro and Australian dollar. Further, it will reduce the maximum leverage limits for futures trading from 125x to 20x. The crypto exchange giant will suspend borrowing on dozens […]

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Financial Commission Approves Fxview as Its New Member

The Financial Commission (FinCom) announced that Cypriot broker Fxview has become a newly approved member of the self-regulatory organization, effective last Tuesday. The press release shared with Finance Magnates detailed that the brokerage’s joining the self-regulator amid an increase in interest and demand for independent external dispute resolution (EDR) services among FX industry participants. Headquartered […]

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