A new offshore bank, Bank Aston, has been granted a banking license by the Guernsey Financial Services Commission. This is the first time in nearly thirty years that a locally-based bank in Guernsey has received such approval. The island's last...

FBS, a top-tier global brokerage, has released a fresh expert analysis discussing how large-scale economic shifts are affecting the financial landscape. One key focus is the ongoing normalization of the U.S. Treasury yield curve, which might unlock new growth prospects...

EBC Financial Group (EBC) has introduced more than 100 fresh contracts for difference (CFDs) based on US-listed exchange-traded funds (ETFs). This expansion strengthens the company’s existing suite of offerings and grants clients broader access to theme-oriented trading tools. Among the...

The Cyprus Securities and Exchange Commission (CySEC) has announced the withdrawal of Itrade Global's operational license. The regulator stated that the broker operated two Contracts for differences (CFDs) and forex brands: InvestFW and TradeWell. The license withdrawal is coming when...

Canadian financial regulator, the British Columbia Securities Commission (BCSC), recently launched a new campaign aimed at helping the country’s senior citizens protect themselves from investment fraud.  The campaign uses custom musical ringtones to alert them of the fraud, and the...

Australian corporate watchdog, the Australian Securities and Investments Commission (ASIC), recently issued a warning notice to 18 social media influencers. These are individuals suspected of illegally promoting high-risk investments and giving unlicensed financial advice. The move comes as part of...

The Canadian multinational e-commerce firm Shopify recently partnered with Coinbase and Stripe to allow merchants to start processing stablecoin payments in everyday commerce. The collaboration will enable merchants using Shopify to accept payments in the world’s second-largest stablecoin, USD Coin...

A crypto hacker who stole $23 million during the April 2023 attack on Bitrue has finally resurfaced, more than two years after the incident. This time, the hacker attempted to use a popular crypto mixer, Tornado Cash, to launder the...

Guernsey, the second-largest island in the Channel Islands, located in the English Channel, has just seen the first banking license to be issued there in nearly 30 years. While technically a part of the UK, Guernsey is a self-governing British...

The UK Government recently passed the Data (Use and Access) Bill through the House of Parliament. The move is expected to pave the way for the expansion of open banking and smart data sharing, which will affect numerous business sectors....

The US Senate recently voted on the long-awaited stablecoin bill, commonly known as the GENIUS Act. With a vote of 68-30 this Wednesday, June 11, the bill is ready to reach the final vote, which may occur as soon as...

One of the leading UK banks, NatWest, recently appointed its first Chief AI Research Officer, Dr. Maja Pantic. Pantic is currently a Professor of Affective & Behavioral Computing at Imperial College London. Before that, she was a founding research director...

PayPal recently announced that it aims to enhance the utility of its stablecoin by integrating it on the third major blockchain — the high-speed, low-cost Stellar Network. So far, PayPal’s PYUSD stablecoin has already gone live on two major blockchains,...

Despite ongoing economic and political uncertainties, the United Kingdom has retained its crown as the most attractive destination for foreign direct investment in Europe. International businesses continue to view the UK as a top choice for expanding operations, driven by...

Energy giant BP is pushing back against swirling takeover speculation, as the company finds itself at the center of growing interest from larger industry players. The British oil major has recently seen its share price falter, prompting speculation that it...