Markets

Polish fintech company Cinkciarz.pl, part of Conotoxia Holding, has filed a complaint with consumer protection authority UOKiK. The complaint focuses on several banks’ refusal to grant access to SWIFT messaging. The company stated this reveals rising tensions between traditional banks...

Chainlink, Microsoft, and Banco Inter are working together on a project in Brazil to improve the country's digital money system. This project, called Drex, uses new technology to help Brazil’s economy grow and become more digital. The three companies are...

Exness, a global leader in multi-asset CFD brokerage and liquidity solutions, participated in the Finance Magnates London Summit (FMLS:24) as a Bronze Sponsor. The event was held from November 18 to 20 at Old Billingsgate in London. Exness’ excellence in...

Gold prices have increased a lot, with spot gold reaching $2,715.81 per ounce on November 23, 2024. This is a major increase, and it marks the largest rise in one week in nearly two years. The conflict between Russia and...

Research from Avaloq, a platform for banking and wealth management, shows that UK wealth managers see AI as the future but still don’t fully trust it. The study gathered data from 300 wealth managers and 3,000 investors around the world,...

The Commodity Futures Trading Commission (CFTC) has shared that it supports using distributed ledger technology (DLT) to manage trading collateral in U.S. derivatives markets, according to a report from the CFTC’s Global Markets Advisory Committee. Commissioner of CFTC, Caroline Pham,...

Webull, a trading platform based in the United States, has agreed to pay fines to settle issues with the US Securities and Exchange Commission (SEC). Two other companies, Lightspeed Financial Services Group and Paulson Investment Company, LLC, also paid fines...

NikolAI has rolled out its first set of AI-created NFTs to mark the 44th birthday of cryptographer and mathematician Nikolai Durov. The collection includes 1,000 special profile picture NFTs that mix artificial intelligence and blockchain technology. This collection is part...

Saxo, a trading and investment firm, has teamed up with Novobanco, a bank in Portugal, to give Novobanco’s clients access to Saxo’s advanced trading platform. This partnership aims to offer Portuguese investors an easy and fully digital way to invest....

Netherland-based Qash has begun its operation in Colombia. The company has introduced a credit card that uses a stablecoin. This card is created for people living in places where money changes value a lot. The company received €300,000 from Antler...

The Commodity Futures Trading Commission’s (CFTC) Global Markets Advisory Committee has recommended expanding the use of non-cash collateral. Commissioner Caroline D. Pham guided the proposal, which focuses on using distributed ledger technology (DLT). This update includes progress shared by the...

Payment giant PayPal announced that it has resolved the issue that affected its services. The issue began at 10:53 GMT and PayPal resolved it by 12:59 GMT. Many users said they were disturbed and couldn't perform some transactions. According to...

A court in Shanghai has clarified that owning cryptocurrency is allowed in China. This announcement comes as Bitcoin prices approach the $100,000 mark, sparking interest among global investors. Enthusiasts are now watching to see if Bitcoin will cross this key...

Mastercard’s Multi-Token Network (MTN) has connected with Kinexys Digital Payments to enhance B2B cross-border payments. This integration aims to improve the availability of payment settlement solutions for business applications using MTN. According to the update, Kinexys Digital Payments is a...

Brazil’s central bank has chosen Banco Inter, Microsoft Brazil, 7COMm, and Chainlink to work together to create a trade finance system for the second part of its DREX digital currency project. DREX is a digital version of the country’s currency,...