Markets

The Securities and Exchange Commission in Thailand has taken a proactive measure in overseeing cryptocurrency-related affairs within the country. The SEC has issued warnings to digital asset exchanges, underlining the distinction between cryptocurrencies and digital tokens. The agency has restricted...

Mercuryo, a company that deals with global payments, recently announced its partnership with zkSync, a layer 2 solution that facilitates Ethereum scaling. This partnership will make it easier for users to convert fiat currency into digital tokens using zkSync. Mercuryo...

Interactive Brokers has agreed to pay a fine of $475,000 to resolve charges brought by the Nasdaq exchange. The charges relate to five different actions taken by the company, including sending orders with incorrect prices. Interactive Brokers Aims To Address...

Worldpay, a worldwide payment processor, recently unveiled the inaugural study of its kind in the sector. Released in partnership with GlobalData, a top data analytics provider, the study is named "Trading Up: The Current Preferences of Traders and Investors." It...

The UK-registered unit of Acetop, a retail broker that offers spread betting and contracts for differences (CFDs), saw a significant increase in its annual revenue last year. Its revenue rose by 320 percent, reaching £756,885. The boost in revenue helped...

Visa has announced a partnership deal with Allium Labs to create an analytics dashboard focused on stablecoin activity. The stablecoin market has been rife with activity, with the competition between the two largest stablecoins, Tether (USDT) and Circle’s USD Coin...

The Bank for International Settlements (BIS) and the Banco Central do Brasil (BCB) have announced the fifth edition of the G20 TechSprint Initiative. This initiative intends to create a development solution that will promote sustainable finance to support sustainable development...

A report by the Green Finance Institute predicts that environmental degradation could result in a 12% decline in UK GDP in the future. The report has assessed the effect of environmental degradation on the economy and the financial industry. According...

The stocks of tech companies Alphabet and Microsoft jumped on Friday after they revealed investments in artificial intelligence (AI). The stock performance last week comes amid an intense war around AI. The war for dominance in the fast-growing AI industry...

Tokyo-based financial services firm Monex Group has completed the acquisition of a major stake in 3iQ Digital Holdings. This acquisition was first announced in December 2023. Consequently, 3iQ and its affiliated companies are now part of Monex Group.  To help...

The Financial Commission (FinCom), a non-governmental organization overseeing operations in the financial service industry, revealed the addition of PrimeXBT as its latest official member. PrimeXBT is a virtual digital trading platform dealing in spot and future contracts. Its appointment as...

The Financial Conduct Authority (FCA) has initiated legal proceedings against Lee Steven Maggs from Sittingbourne, Kent. Maggs is accused of two fraud charges and one breach of the Financial Services and Markets Act. The accusations against Maggs come from his...

The New York Stock Exchange (NYSE) is getting people’s opinions on the possible introduction of 24/7 trading. They draw inspiration from cryptocurrency trading, which is always accessible. As many people are demanding 24/7 trading, the NYSE has provided a survey...

The trading and investment company eToro has teamed up with 21Shares, the creator of crypto exchange-traded products (ETPs). The partnership aims to bring out a fresh investment portfolio that pledges a data-focused method to crypto investing. eToro is a multi-asset...

Last week, Devexperts revealed a strategic partnership between DXtrade, its trading platform, and BizCuits. BizCuits is a service provider offering marketing solutions, payment processing, customer service, IT, risk management, and trading tools for the forex and CFD markets. The merged...