Italian financial regulator Consob bans four new domains

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Consob, Italy’s financial watchdog, recently announced that it had banned access to a new batch of investment websites. The regulator even blocked access to the sites that were licensed in other jurisdictions. In… Continue reading Italian financial regulator Consob bans four new domains

Published
Categorized as Markets

Revolut publishes delayed accounts for 2022, reveals higher revenue but also $32.2m in losses

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Revolut, a leading UK-based fintech firm, recently published its delayed accounts for 2022 after missing the original deadline by three months. The report revealed that the company’s revenue had gone up by 45%,… Continue reading Revolut publishes delayed accounts for 2022, reveals higher revenue but also $32.2m in losses

Published
Categorized as Markets

Tether mints an additional 1 billion USDT, CEO claims the tokens are “authorized but not issued”

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Tether, the company that created USDT, the world’s largest stablecoin, recently minted another 1 billion units of its cryptocurrency. The minting was reported by Whale Alert, an account on X (formerly Twitter). However,… Continue reading Tether mints an additional 1 billion USDT, CEO claims the tokens are “authorized but not issued”

Published
Categorized as Markets

CLS Group’s forex volumes remain above $2 trillion for the third month in a row

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. CLS Group, a specialized financial infrastructure group founded in 2002, recently reported that its total daily traded volume remained above the $2 trillion mark for the third month in a row. The total… Continue reading CLS Group’s forex volumes remain above $2 trillion for the third month in a row

Published
Categorized as Markets

Barry Silbert and Mark Murphy resign from Grayscale’s board of directors

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Two top executives at Digital Currency Group (DCG), Barry Silbert and Mark Murphy, recently announced their decision to resign from Grayscale Investments’ board of directors. The pair will officially resign from the asset… Continue reading Barry Silbert and Mark Murphy resign from Grayscale’s board of directors

Published
Categorized as Markets

The European Banking Authority opposes increasing EU deposit coverage

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The European Banking Authority (EBA) recently published a report in which it analyzed the consequences of potential changes to the current deposit coverage level in the EU. As part of the report, the… Continue reading The European Banking Authority opposes increasing EU deposit coverage

Published
Categorized as Markets

Bulgarian authorities concluded the investigation of Nexo finding no evidence of illicit activities

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Bulgarian Prosecutor’s Office recently announced that it has concluded its investigation of the UK-headquartered crypto lending company, Nexo. The investigation has yielded no evidence of any illicit activities at the firm, including tax-related… Continue reading Bulgarian authorities concluded the investigation of Nexo finding no evidence of illicit activities

Published
Categorized as Markets

Japan’s government approves a revision to 2024 tax regime regarding corporate crypto holdings

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Japan’s government has decided to approve a revision for its 2024 tax regime, which will have a significant impact on crypto-dealing corporations. Specifically, firms that deal with crypto will no longer be obligated… Continue reading Japan’s government approves a revision to 2024 tax regime regarding corporate crypto holdings

Published
Categorized as Markets

4T Markets sees increased revenue for FY23 accompanied by higher net loss

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A London-based financial firm 4T Markets Limited (formerly Formax Prime Capital Limited), recently published a report regarding the fiscal year 2023, which ended on March 31, 2023. However, the firm reported mixed financial… Continue reading 4T Markets sees increased revenue for FY23 accompanied by higher net loss

Published
Categorized as Markets

Feras Mahmoud joins Fxview as the new Head of Risk Management

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Fxview, a company based in Limassol, Cyprus, recently announced that it has appointed Feras Mahmoud as the new head of risk management. The firm, which offers online CFD trading in stocks, forex, indices,… Continue reading Feras Mahmoud joins Fxview as the new Head of Risk Management

Published
Categorized as Markets