Markets

Google and OpenAI alongside many other technology firms have signed an open letter, promising to develop AI. The letter was spearheaded by Ron Conway, a philanthropist and venture capitalist, and his firm SV Angel. Conway stated on X that this...

Federal Reserve Chairman, Jerome Powell, has recently revealed to the Congress that the launch of the United States Central Bank Digital Currency (CBDC) is still far. He communicated with the Senate Banking Committee, claiming that the Federal Reserve shows no...

The Hong Kong Monetary Authority (HKMA), the central bank of Hong Kong, recently issued an invitation to interested parties to join its CBDC pilot program. The bank is about to kick off Phase 2 for its central bank digital currency,...

Lloyds, one of the leading UK banks, recently announced a partnership with ApTap. The goal of the team-up is to help its customers with household bill management. Lloyds and ApTap team up ApTap is a fintech startup graduate of Lloyd’s...

JPMorgan Chase recently revealed plans for a broad roll-out of biometric payments with US retailers. According to the bank, the plan is to push the feature out by early 2025, and allow shoppers to make purchases simply by scanning their...

Webull has added commodities and futures trading features to its platform. This action is meant to offer Clients of the online retail trading platform the chance to expand their investment array and partake in more advanced trading strategies. The  President...

The Cyprus Securities and Exchange Commission (CySEC) conducted more than 700 remote and on-site reviews of supervised institutions and issued fines of more than $2.2 million in 2023, according to a recent report. These thematic assessments intend to protect investors...

GBE Brokers, the German CFD and forex provider, has integrated with TradingView, a prominent analysis and charting platform for traders. This integration is aimed at enhancing the trading experience for the broker’s customers. The integration with TradingView allows GBE Brokers’...

Proprietary trading platform, Instant Funding recently announced its intention to migrate to DXtrade. The platform shifted its focus to DXtrade some weeks after it stopped offering its service to traders in the UK. The firm shared an update on X...

Admirals has unveiled the official launch of its newest analytical solution, Admirals Analytical Research Terminal, which is designed for MT5 and MT4 traders. This advancement was created in partnership with Acuity, a fintech AI-based solutions provider, which utilizes cutting-edge AI...

MahiMarkets, a provider of technology in the financial services sector, has revealed its strategic plan to expand with the development of a new office. The office will be established in Dubai. The company mentioned that this recently built office will...

Fiduserve Asset Management Ltd, an investment fund manager authorized in Cyprus, has received a €50,000 total administrative fine from the Cyprus Securities and Exchange Commission. The regulator penalized Fiduserve for several violations of the laws in Regulated Markets and Investment...

Israel’s eToro is assessing the option of an Initial Public Offering (IPO) with a valuation above $3.5 billion, as stated by the brokerage’s Chief Executive Officer Yoni Assia. In the past, the firm’s efforts to go public were unsuccessful, when...

Argo Blockchain, a cryptocurrency mining firm publicly listed in the USA and London, has announced the fall of its shares by a disturbing 55%. According to the latest news, Bitcoin has seen its shares rise to about 70% in 2024,...

Doo Group has secured a Capital Markets Services license for Doo Capital Market Ltd, its subsidiary. This license was issued by the Monetary Authority of Singapore. Doo Group is a well-known brokerage company focusing in the Far East. The firm...