Category: Markets

Bank Of America Launches Global Digital Disbursements To Bank Customers In Canada

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Bank of America has announced the release of Global Digital Disbursements. This offering will be available to the bank’s customers in Canada. It is open to commercial clients with deposit accounts at… Continue reading Bank Of America Launches Global Digital Disbursements To Bank Customers In Canada

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Safaricom Unveils Its Mobile Money Service In Ethiopia

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Safaricom, the largest telecommunication provider in Kenya, has launched its M-Pesa mobile money service in Ethiopia. The mobile money service will now be available to customers in Ethiopia, allowing them to transfer funds… Continue reading Safaricom Unveils Its Mobile Money Service In Ethiopia

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Crypto Asset Manager Grayscale Wins Litigation Against The SEC

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Grayscale, the world’s largest digital asset manager, secured a major win against the US Securities and Exchange Commission (SEC). The crypto asset manager sued the SEC for failing to approve its application to… Continue reading Crypto Asset Manager Grayscale Wins Litigation Against The SEC

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Belgium issues a new regulatory warning against three firms operating as boiler rooms

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Belgium’s financial regulator, the Financial Services and Markets Authority (FSMA), warned against three more companies seemingly operating as boiler rooms inside the country. The three firms, IWL Consulting, May Capital Group, and South… Continue reading Belgium issues a new regulatory warning against three firms operating as boiler rooms

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Binance users from Belgium switched to its Polish version

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Binance, the world’s largest crypto exchange by volume, continues to run into regulatory problems in European countries. Most recently, the exchange decided to migrate its Belgian users to its Polish subsidiary rather than… Continue reading Binance users from Belgium switched to its Polish version

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BMO Joins up with Mastercard and Extend to introduce a mobile wallet for virtual cards

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. BMO Commercial Bank revealed recently that it is working on a new mobile wallet for virtual cards. The bank teamed up with two other companies — Mastercard and Extend — and their product… Continue reading BMO Joins up with Mastercard and Extend to introduce a mobile wallet for virtual cards

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US Banking Giant Citigroup Invests In Fintech Firm Rextie

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Citi, a global banking giant, has made a strategic investment in Rextie. With this investment, Rextie has emerged as the first FX fintech in Latin America to secure an investment from a leading… Continue reading US Banking Giant Citigroup Invests In Fintech Firm Rextie

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CMC Markets Downgrades Its FY24 Outlook As Shares Plunge

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. CMC Markets recently published a trading update. The update revealed that the company anticipates a lower net operating income between £250 million and £280 million for the 2024 financial year. CMC Markets downgrades… Continue reading CMC Markets Downgrades Its FY24 Outlook As Shares Plunge

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US Treasury Tables New Tax Guidelines For Crypto Brokerage Platforms

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The US Treasury Department and the Internal Revenue Service (IRS) have released new guidelines for crypto brokerage platforms, including trading platforms, wallet providers, and payment processors. The Treasury Department said the proposed guidelines… Continue reading US Treasury Tables New Tax Guidelines For Crypto Brokerage Platforms

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LemFi Raises $33 Million In A Series A Round Led By Left Lane Capital

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Fintech firm LemFi has secured $33 million in a Series A funding round. Left Lane Capital led the funding round. The other investors participating in the funding round include Global Founders Capital, Olive… Continue reading LemFi Raises $33 Million In A Series A Round Led By Left Lane Capital

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