European Banking Authority To Conclude Stablecoin Monitoring Guidelines
According to reports, the European Banking Authority (EBA) aims to complete its stablecoin monitoring framework by this month's end. This step matches MiCA's broader rules, which set strict limits on transaction numbers and amounts. Stablecoins cannot handle more than 1...
Delta Capita Hires London Stock Exchange Expert as New Financial Officer
Delta Capita has employed Nick Frost as its new Global Chief Financial Officer. The company offers financial services and provides adequate consulting and technical support. With over twenty years of experience in finance, Frost will work with Delta Capita's Executive...
FSA Penalizes MUFG Units For Client Data Issues In Japan
Japan's Financial Services Agency (FSA) has ordered three units of Japan's biggest banking group, Mitsubishi UFJ Financial Group (MUFG), to improve their business. The regulator took this initiative because the units broke the rules about keeping clients' information secret. FSA...
Avalanche Blockchain Welcomes ‘Solo Leveling: Unlimited’ From OtherWorld
OtherWorld, a Web3 developer based in Singapore, has announced the beta release of an NFT platform inspired by the top-rated South Korean online novel and comic series Solo Leveling. The platform, called "Solo Leveling: Unlimited (SL: U)," will debut on...
Fiserv Announces Leadership Shift With Takis Georgakopoulos as Senior Advisor
Fiserv, Inc. (NYSE: FI), a top global company providing payment and financial services technology, has announced a remarkable shift in its program. The announcement revealed that Takis Georgakopoulos will become a member of the Management Committee and Executive Vice President...
IG US Changes Forex Platform Name To tastyfx
IG US, a top forex broker, has revealed that it will rename its trading and platform technology to tastyfx. This will provide a more unified experience for its US clients and connect FX trading with the tasty product line. TastyFX...
Nomura Survey Reveals Japan Investors’ Plan For Digital Assets Investment
Nomura Holdings and its subsidiary, Laser Digital, have concluded a new survey. In the survey, more than half of institutional investors in Japan revealed their plan to invest in digital assets in the next three years. The questionnaire included the...
CoinShares Completes Sale Of Its FTX Rights
CoinShares, a European investment company focusing on digital assets, has sold its rights from the insolvent crypto exchange FTX, achieving a net recovery rate of 116 percent. Announced earlier this week, the firm will receive £31.32 million on a £26.6...
FX broker CPT Markets Announces New Office In Cyprus
CPT Markets, a company and broker that offers Forex and Contracts for Differences investment services, has established a new office in Cyprus. The company plans to expand its offerings to Europe. The new Cyprus office is the first in the...
Australian Court Finds iSignthis Guilty of Misleading Investors
The Federal Court of Australia has been made aware that Southern Cross Payment firm has led investors astray as regards its interest. Also, they have yet to make open the closing of their main visa deal. The organization was said...
Mosaic And Euroclear Launches New Data Intelligence Service
Mosaic Smart Data has started a new service called Smart Markets that uses Euroclear's fixed-income data. This data includes bonds issued by governments and companies. Euroclear and Mosaic said 45 institutions have joined the service. Some of these institutions include...
Goldman Sachs Welcomes Head Of Hess Corp as New Independent Board Member
The Chief Executive Officer of Hess Corp, John B. Hess, has joined the Board of Goldman Sachs to become an independent director. Mr. Hess joined the Board of executives as the most recent addition, following the senior banking executive Montag...
Klarna Sells Checkout Solution For $520 Million To Resolve Processor Disputes
Klarna has sold its online payment service, Klarna Checkout (KCO), for $520 million to a group of investors led by Kamjar Hajabdolahi, BLQ Invest's Chief Executive Officer and founding partner. Klarna announced in a press release on Monday (June 24)...
Cysec Warns Investors About 17 Investment Firms, Including Bitget
The Cyprus Securities and Exchange Commission (CySEC) has warned against 17 investment companies, and Bitget is among the firms that received a warning from the CySEC. On June 21st, the regulator advised investors going to any investment website to know...
FX and Crypto Sectors Show Strength as Ransomware Attacks Increase by Over 70%
In 2023, the report from ZScaler's State Ransomware revealed that the ransomware attacks have surged 70% compared to the previous year. The payouts exceeded one billion USD, and the demanded ransoms averaged between $100,000 and $5 million. This figure does...