Mastercard announces partnerships with Currensea and Secure Trust Bank
Recently, Mastercard posted an announcement of two new partnerships with a fintech firm Currensea, and Secure Trust Bank. According to reports, the move will have a great effect on the open banking applicability in the UK, and it will actually...
With over 5,000 British firms in Dubai, the UK and DIFC are committed to improving data partnership
The UK has been working towards bettering its relationship with the UAE in several ways. After sending its delegation to the Abu Dhabi Global Market in order to work on strengthening the bonds between the two entities, it now also...
UK Government’s Department for DCMS visits Abu Dhabi Global Market
Abu Dhabi Global Market, an Abu Dhabi-based international financial center, recently welcomed a delegation sent by the UK government. The delegation consists of members from the department for digital, culture, media, and sport (DCMS), which arrived to ADGM to strengthen...
Central banks published a new crypto standard for banks which have until 2025 to implement it
The Group of Central Bank Governors and Head of Supervision (GHOS) of the BIS (Bank for International Settlements) has recently decided to approve and support a new global standard for banks operating under central banks. The standard is related to...
Karl Greenwood of OneCoin pleads guilty to charges of wire fraud and money laundering
OneCoin is still one of the biggest and most famous cases of a cryptocurrency pyramid scheme, but also one that the authorities are still unraveling to this day. Significant progress in the case was made only days ago, when one...
Spreadex partners with TradingView to benefit customers
Spreadex, a retail brokerage platform dealing with contracts for differences (CFDs) and spread betting, has announced a partnership with TradingView. TradingView is a social network and charting platform that many trading platforms have already integrated to make it easier for...
New rules say that NY banks have to seek NYDFS’ approval before working with crypto
The rate of cryptocurrency adoption in the United States is seeing a sharp rise, to the point where even the banks from states like New York, which have a strict stance on crypto, have been trying to enter the industry....
CLS sees the average daily volume for forex drop by 2% in November
A number of trading companies from various corners of the world have been reporting a significant drop in figures in November compared to October, particularly when it comes to volume. However, at the same time, they are still performing better...
FCA wants the information provided to investors to be clearer and more helpful
Recently, regulators around the world have seen an increase in companies that are providing inaccurate or misleading information, which led to several of them getting fined. In fear of the companies’ compliance violations and poor data accuracy becoming a norm,...
Binance registers $1.9 billion in withdrawals in only 24 hours
Binance, the world’s leading cryptocurrency exchange by volume, recently saw a massive surge in withdrawals, leading to $1.9 billion of withdrawals in only 24 hours. The information was shared by a blockchain data company Nansen on Tuesday, December 13th. The...
FXOpen announces a new partnership with TradingView
FXOpen, a major broker with offices around the world — including the UK, Australia, and Cyprus — just became the latest partner of the leading social network and charting platform, TradingView. The leading brokerage company disclosed the new partnership this...
Singapore Exchange sees 4 million FX futures contracts in November
Singapore Exchange (SGX) announced recently that its forex futures saw a new all-time high in November, skyrocketing by 21% on a month-to-month basis after seeing 3.3 million contracts in October. Asia’s leading securities and derivatives marketplace recorded as many as...
TradeSun acquired its partner, Coriolis Technologies, to improve ESG compliance in trading
Earlier this year, TradeSun, a trade and compliance company from California, announced a partnership with Coriolis Technologies earlier this year. The two intended to launch a solution for banks to measure and verify ESG performance across trade. Now, only a...
Revolut’s Threat Intelligence Lead shared the biggest risks that challenger bank faces
The problems that the financial industry is facing have always been on the minds of all executives of every financial firm. However, with the recent collapse of FTX, seemingly out of the blue, the interest in risks and threats that...
US inflation data comes in hotter than expected, pushing the dollar up against the euro
Investors from across the country were waiting for the US producer inflation data for November 2022 to come out in order to try and get some hints about the future behavior of the US dollar, the Fed, and the US...