Markets

Crypto and web3-based firm Gemini has entered the French market after registering as a Virtual Asset Service Provider (VASP) earlier this year. The company said this step fits with its plan to grow in Europe and use France’s growing interest...

US officials have charged the former leader of BIT Mining Ltd. for planning a large bribery scheme. The company, once known as 500.com, is accused of trying to bribe Japanese government officials with $1.9 million between 2017 and 2019. The...

The United States government is investigating Citigroup because of its activities with a trust linked to a Russian billionaire. The Department of Justice, the Federal Bureau of Investigation, and the Internal Revenue Service are part of the investigation. They are...

ACY Securities, a global multi-asset CFD broker, announced it has successfully acquired Ingot Brokers South Africa. This move marks an important step for the company as it becomes fully licensed to operate in the country. The Financial Sector Conduct Authority,...

Societe Generale-FORGE (SG-FORGE) has revealed plans to introduce its EURCV stablecoin on the XRP Ledger (XRPL), which was created by Ripple. The company said the move would mark EURCV's third blockchain launch after Ethereum and a planned deployment on Solana....

AxiCorp Financial Services, a company running a retail contracts for differences (CFDs) brokerage under the brand Axi, has shown interest in purchasing the Australian trading platform SelfWealth. According to reports, Axi submitted a bid of 23 cents per share, valuing...

Finalto Group has announced the promotion of Andrew Biggs to Chief Executive Officer of Finalto Trading. The company, which operates under Finalto Group, said this change will enhance the services it offers alongside Finalto Financial Services, a leading financial institution....

The UK Government has shared its National Payments Vision (NPV), promising to simplify the rules in the payments sector and build a leading payment system. The NPV, created over the past year, examines the results of the 2023 Future of...

Banks and other financial companies are not happy with how cloud services are working for them, according to a report by Capgemini. The report shows less than 40% of executives are satisfied with their cloud services. The recent findings came...

The Cyprus Securities and Exchange Commission (CySEC) has announced that AMP Global Ltd. is no longer a part of the Investor Compensation Fund (ICF). CySEC’s decision follows AMP Global’s choice to give up its Cyprus Investment Firm (CIF) licenses. According...

AxiCorp Financial Services, a company that runs a retail contract for differences (CFDs) brokerage under the brand name Axi, has shown interest in buying the Australian trading platform SelfWealth. According to a recent report, Axi submitted a bid of 23...

According to the latest update, the UK government has announced plans to focus on fintech and sustainable finance as key areas for growth in the country’s financial services sector. Chancellor of the Exchequer, Rachel Reeves, revealed this in her first...

Ilya Lichtenstein, a hacker who stole huge amounts of Bitcoin from Bitfinex, has been sentenced to five years in prison. He was part of one of the biggest Bitcoin thefts in history. He and his wife, Heather Morgan, were caught...

Shiba Inu, a cryptocurrency inspired by memes, recently went up in price but faced resistance at a key level and dropped again. Shiba Inu has a market value of around $13.75 billion, putting it in the eleventh spot among cryptocurrencies....

Thomas Peterffy, the Founder and Chairman of Interactive Brokers, commented on the stock market’s rise after Donald Trump’s election win. Broker stocks, including Interactive Brokers, went up during this rally. Peterffy said the rise might not be fair, but he...