CySEC Revokes Viverno Markets License Over Prolonged Inactivity
The Cyprus Securities and Exchange Commission, known as CySEC, revoked the investment firm license of Viverno Markets Ltd, which works as the B2B arm of BDSwiss. The regulator explained that the company did not run any investment services or do...
Versus Trade Launches New Product Offering For Asset Matchups
Versus Trade has launched a brand-new approach where users can choose between two assets and predict which one will do better through an option called called “Versus Pairs.” The platform allows traders to face off two popular assets, such as...
IG Group Launches Special Offer With Up To 8.5% Interest
The financial company IG Group (LON: IGG), based in London, has launched an exciting offer for its new customers. The company said it is offering a high interest rate of up to 8.5% AER variable on cash deposits. This is...
XTB Becomes Largest Brokerage Firm in Poland By Accounts
XTB, a public brokerage firm based in Poland, said it now holds the highest number of client accounts in the country. The news comes after the company passed BM mBank, which held the top spot for 15 years. According to...
Robinhood Expands Into Europe With Tokenised U.S. Stocks
Robinhood, a well-known U.S.-based stock trading app, has announced a new plan to offer tokenised U.S. stocks to European investors. Tokenisation means transforming real-world assets like stocks into digital versions on a blockchain. The company said this move will simplify...
iFOREX Evaluates Strategic Listing On The London Stock Exchange
London’s capital markets could soon welcome another player in the fintech space, as iFOREX, an online trading platform, explores the possibility of listing on the London Stock Exchange. Founded by Eyal Carmon in 1996, iFOREX offers a digital platform for...
New Hampshire Becomes First State To Add Bitcoin To Treasury Reserves
New Hampshire has made history by becoming the first state in the U.S. to officially add Bitcoin to its treasury reserves. Governor Kelly Ayotte signed House Bill 302, which creates the Strategic Bitcoin and Digital Asset Reserve. This decision marks...
Nordic Countries Build Offline Payment Systems Amid Rising Tensions
The Nordic countries, including Finland, Sweden, Norway, Denmark, and Estonia, have shared new plans to create backup systems for card payments. The countries said users can pay with their cards even if the internet stops working. According to reports, many...
Google Introduces Gemini Nano To Enhance Chrome’s Safe Browsing Protection
Google has announced a new layer of browser protection, integrating its on-device large language model, Gemini Nano, into the latest Chrome 137 release. The company described this addition as a step to strengthen its Enhanced Protection mode under Chrome’s Safe...
Coinbase To Acquire Crypto Options Exchange Deribit For $2.9 Billion
Coinbase has shared its plan to acquire Deribit, a leading crypto options exchange, for $2.9 billion. The agreement includes $700 million in cash and 11 million shares of Coinbase’s Class A common stock. The company currently eyes Deribit’s $30 billion...
TD Securities Adopts Data-Driven Platform To Enhance Capital Markets Operations
The International Swaps and Derivatives Association (ISDA) announced that TD Securities successfully integrated ISDA Create into its global suite of client trading and regulatory agreements. This change is part of a bigger industry shift from paper-based processes to digital platforms, aiming to...
IG Group Launches Exclusive High-Interest Deal On Uninvested Cash
London-based online trading giant, IG Group, has introduced a new offer giving UK clients up to 8.5 per cent AER variable interest on uninvested cash. The firm revealed that the offer applies only to new customers opening accounts through its...
Klarna Shifts Strategy, Brings Back Human Support Agents
Klarna is pulling back from its earlier focus on artificial intelligence after a year of cutting customer service roles. The financial tech company had used AI to reduce its workforce significantly, but it now says real human support is still...
David Geale To Lead FCA Digital Finance And PSR As Groups Combine
The Financial Conduct Authority (FCA) has given David Geale two major leadership roles. He will now guide digital finance and payments for the FCA, while also becoming the head of the Payment Systems Regulator (PSR). This comes as the government...
Alexander Mashinsky Sentenced To 12 Years For Defrauding Celsius Investors
Alexander Mashinsky, the former leader of Celsius Network, received a 12-year prison sentence after he entered a guilty plea to two counts of fraud. The decision, delivered by U.S. District Judge John G. Koeltl at the Southern District courthouse in...