Markets

Japan is set to unveil a strict crypto monitoring game that will commence in June. To achieve compliance with these new guidelines, the bitFlyer cryptocurrency exchange has adopted strict anti-money laundering guidelines for cryptocurrency transactions. BitFlyer crypto exchange supports FATF...

Cryptocurrency exchange platform CoinEX has created a new service targeting users in Hong Kong. The service in question is a brand-new digital asset trading platform known as BitHK. The platform still lacks the license to operate, but it intends to...

The UK is quite strict when it comes to unregistered and unlicensed platforms, and its financial watchdog, the Financial Conduct Authority (FCA), just warned the public against a new batch of such websites. This time, the FCA could identify as...

Morgan Stanley, a leading lender, has allegedly set in motion a major workforce reduction plan aimed at its Asia division. One portion of the plan includes severing ties with six managing directors that worked for the company, and most of...

In its recent announcement, Huobi Global revealed that Huobi HK has expanded its services. Currently, the platform will also offer spot and managed services, which are available to retail investors and experts alike. The leading virtual asset exchange in Hong...

The FX Global Code was released by the BIS Foreign Exchange Working Group in 2017 to offer a set of guidelines that will foster integrity and support the better functioning of the wholesale foreign exchange industry. FX Global Code should...

The financial market regulator for South Korea has launched a new set of strict guidelines for contracts for difference (CFD) trading. These guidelines are aimed at boosting transparency in the sector while also preventing market manipulation. South Korea introduces strict...

Trading 212 UK recently published its revenue figures for 2022, revealing revenue of more than £98.7 million. In addition, the company saw pre-tax profit of over £50.8 millin, as the latest Companies House filing revealed. Trading 212 UK is the...

The United States’ Commerce Secretary Gina Raimondo commented this Saturday on China’s move to ban purchases of Micron Technology memory chips. According to Raimondo, the US won’t tolerate the move and is already collaborating closely with its allies to address...

Nine PricewaterhouseCoopers (PwC) Australia governance board members were ordered to take leave as the company seeks to overhaul the entire board. The move comes following a national scandal that occurred after the misuse of confidential government tax plans came to...

Compagnie Financiére Tradition (CFT) has launched a share buyback program that will optimize the broker’s capital allocation. CFT is a Swiss interdealer brokerage company that also owns one of the leading Japanese retail trading platforms known as Gaitame. Gaitame prepares...

Derivatives trading activities on the Sterling Overnight Index Average (SONIA) reached a peak of 1.37 million futures and options contracts on May 24, according to a statement by the International Exchange (ICE). Derivatives trading on SONIA hits a new peak...

WDZD Swap, a decentralized finance (DeFi) protocol, suffered an exploit on May 19. The exploit led to the loss of $1.1M worth of Binance-pegged ETH, according to the CertiK blockchain security firm. WDZD Swap faces a $1.1M exploit The report...

Consob, the Italian financial market regulator, has continued to fight against illegal trading platforms. The regulator has added four new names to the list of websites that have been blacklisted by the regulator. One of the websites that were recently...

The US derivatives market regulator, the Commodity Futures and Trading Commission (CFTC) has imposed over $4.7M fine against Sharief Deona McDowell. McDowell faces this fine over activity with options on commodity futures contracts by a commodity trading advisor (CTA). CFTC...