Deribit Moves Operations To Dubai, Expanding Offerings For Crypto Traders
The popular cryptocurrency options trading platform Deribit has announced that it will start offering spot and derivatives trading in Dubai from January 1, 2025. The company plans to move all of its activities to its Dubai-based entity. This includes transferring...
Taiwan To Implement AML Rules For Crypto Companies On November 30
Taiwan’s Financial Supervisory Commission (FSC) will introduce new anti-money laundering (AML) rules for the crypto industry. These new rules will start on November 30, which is earlier than expected, according to The Block. The new rules say that cryptocurrency companies...
Sales of Christmas Pet Items Surge At Waitrose And John Lewis
Britons are spending more on their pets this Christmas, with sales of pet treats, toys, and food seeing a huge increase. According to reports, sales of Christmas pet items are up 964% at Waitrose online. At John Lewis, sales of...
Danesi Becomes Chief Innovation Officer At smartTrade Technologies
Laurent Danesi has been promoted to Chief Innovation Officer at smartTrade Technologies. Danesi is a technology expert with over 20 years of experience at the company. He first joined smartTrade Technologies in 2004 as a System Architect. Danesi has held...
Mastercard Teams Up With BCP Group For Better Payment Solutions Across Africa
Mastercard and BCP Group, a bank from Morocco, have teamed up to make cross-border payments easier and faster. This partnership aims to improve how transactions work and help boost economic growth in the region. According to the announcement, the alliance...
Coinbase Cuts USDC Rewards In EEA Amid Regulatory Changes
Coinbase has announced that it will stop giving USDC rewards to users in the European Economic Area (EEA) from December 1. This decision was made because of new rules under the Markets in Crypto-Assets (MiCA) regulation, the exchange explained in...
Reports Show Cryptocurrency Market Value Exceeds $3 Trillion
Reports revealed that crypto took years before people began to take it seriously as an investment. After Bitcoin was introduced, many did not understand its technology and thought digital currency was unrealistic or risky. Over time, crypto has become a...
Spendesk Introduces Payment Institution To Improve Business Payments
Spendesk, a France-based platform that helps manage business spending, has rolled out a new financial services division. This division operates with a special licence from the Autorité de contrôle prudentiel et de résolution, giving Spendesk full control over how it...
Former Revolut Employees Launch Bleap With $2.3 Million In Funding
A new blockchain banking app named Bleap has raised $2.3 million in pre-seed funding. Former Revolut employees Joao Alves and Guilherme Gomes are behind the project. It is supported by Ethereal Ventures, led by Joe Lubin, the founder of Consensys....
Phil Kim Appointed Director Of Institutional Sales At ACY Securities
ACY Securities has strengthened its institutional arm, ACY Connect, by choosing Phil Kim as its Director of Institutional Sales for Asia. The company said Kim will lead business growth across the region. Kim has nearly 20 years of experience in...
Bleap Gains $2.3 Million In Funding, Revolut Eyes Growth
Two former Revolut workers have raised $2.3 million in pre-seed funding to build Bleap, an app for stablecoins with its debit card. Revolut wants to grow its crypto platform, Revolut X, by adding 30 new markets in the European Economic...
FINRA Fines tastytrade $30,000 For Employee Account Oversight Failures
FINRA has fined tastytrade, a retail trading platform in Chicago, $30,000 for not properly watching over its employees outside securities accounts. This happened between July 2021 and June 2023. FINRA said tastytrade did not look after around 84 accounts that...
SIX Appoints Exchange Head Sibbern As New Chief Executive, Replacing Dijsselhof
SIX Group has chosen Bjørn Sibbern to be its new Chief Executive Officer. According to the company, he will assume this new role on January 1, 2025. Sibbern, who is currently in charge of exchanges and is part of the...
ViewTrade Drops Orbis Systems Name In Major Rebranding Move
ViewTrade Holding Corp., a U.S.-based provider of investment and trading technology solutions, has rebranded its technology division. The company will now operate under the name ViewTrade Technology Corporation, dropping the Orbis Systems name. The company said this change is aimed...
Capital.com Joins Forces With Amazon To Promote Services In The UAE
Capital.com has teamed up with Amazon to launch a special campaign in Dubai. The company plans to offer more than 500,000 special boxes to Amazon customers in the United Arab Emirates. Inside the boxes, people can find a chance to...