Markets

Xapo Bank, a digital bank licensed in Gibraltar for cryptocurrency business, has extended its services to the United Kingdom. It is now the first licensed bank in the UK to provide an account that earns interest in both USD and...

Kai Kono recently announced on LinkedIn that he is now the Managing Director and Head of APAC, at EDXM Global. In this role, Kono will lead the company's efforts to grow internationally. Based in Singapore, EDXM Global is supported by...

Stock trading app Freetrade announced that it will leave the Swedish market and concentrate only on its business in the UK. The company intends to tell its customers on Friday that it is ending its operations in Sweden, the only...

France's financial markets watchdog, Autorité des marchés financiers (AMF), is now taking applications from cryptocurrency asset service providers (CASPs). This comes six months before Markets in Crypto-Assets (MiCA) rules start. Starting December 30, companies offering any of the ten crypto...

Montenegro's Appeals Court decided on Thursday that Do Kwon, the co-founder of Terraform Labs, must be sent back to his nation, South Korea. This decision followed an April ruling from the High Court of Podgorica which turned down a request...

A taskforce formed in April by the Centre for Finance, Innovation & Technology (CFIT) has published a report with a seven-point agenda. It aims to put the Digital Information and Smart Data Bill at the top of their list. It...

Bybit, one of the leading crypto exchanges by trading volume, recently revealed that it will stop offering its services to users in France. The exchange stated that the new rules in the country is the reason behind its decision. The...

Twitter (Now X) Chief Executive Officer, Elon Musk, stated that the Federal Reserve must slash interest rates and he thinks it is silly that the United States central bank hasn't done it yet. Musk's comment, which he made after seeing...

The SME Finance Taskforce, formed in April and chaired by the UK’s Centre for Finance, Innovation, and Technology (CFIT), recently released a plan to boost the country’s economy. The idea is to do it by speeding up lending and access...

M-DAQ Global, a financial technology company in Singapore, has announced that it has bought Easy Pay Transfers, a business-to-business payments service company based in Malaysia. This move is part of the company's goal to broaden its presence in the ASEAN...

StoneX Group Inc. revealed that its branch, StoneX Financial (Canada) Inc., has been granted Approved Participant status on the Montreal Exchange (TMX). This rank improves StoneX’s financial services network, which now includes more than 40 derivatives exchanges around the world....

The Financial Industry Regulatory Authority (FINRA) has fined SpeedTrader Inc. $165,000 for not properly supervising trading activities that could be manipulated. The authority also accused the company of not upholding adequate market access control. SpeedTrader has agreed to pay the...

Marathon Digital Holdings (MARA) saw its stock value decrease by up to 8% in after-hours trading on August 1, 2024. This reduction came after the company disclosed that its income for the second quarter did not meet the expectations set...

Deutsche Bank has appointed Alexis Fauth as its Head of Market Data Methodology. The foreign exchange and data science specialist has several years of experience at major companies, including at Tradefeedr FX and Citi. He also had a two-year stint...

Hong Kong-based ZA Bank recently took financial fitness to a new level by introducing a new program called Walk To Earn. The move comes of the bank’s new campaign to allow users to earn bonus savings rates by walking and...