Markets

The Australian Securities and Investments Commission (ASIC) has told companies based in Australia to ready themselves for the upcoming implementation of a compulsory climate disclosure framework. During his keynote address at the Deakin Law School International Sustainability Reporting Forum, the...

Admirals UK-registered arm has released its profit reports for the 2023 financial year. According to the platform, it gained a profit turnover of £46,000. This is an improvement on the previous year’s loss of £291,000. The company realized the profit...

Brazil has the highest rate of financial inclusion in Latin America, with the rate of adoption of debit and credit cards standing at 70%. The card usage in the country has also reached 55%, with the amount of real-time payments...

Bybit, a leading cryptocurrency exchange by trading volumes, has announced a global initiative to support the Bitcoin layer 2 ecosystem. The exchange plans to improve literacy around Bitcoin layer 2 and grow the infrastructure. The initiative is part of Bybit’s...

True Forex Funds, a prop trading company, has announced the launch of a new secondary trading platform known as Match-Trader. This platform can be accessed across select countries such as Austria, Germany, Hungary, and Sweden. True Forex Funds is planning...

True Forex Funds, a prop trading company, has announced the launch of a new secondary trading platform known as Match-Trader. This platform can be accessed across select countries such as Austria, Germany, Hungary, and Sweden. True Forex Funds is planning...

Kraken, one of the largest cryptocurrency exchange platforms globally has announced the acquisition of the cryptocurrency division of online brokerage platform, TradeStation. Kraken has shared minimal details about this acquisition deal. However, it will allow the cryptocurrency exchange to expand...

The CEO of JPMorgan Chase, Jamie Dimon, has continued his criticism of the largest cryptocurrency, Bitcoin, saying that it is a “fraud” and “Ponzi scheme.” Dimon was speaking in an interview with Bloomberg TV, where he once again expressed his...

Saxo Bank’s co-founder, Lars Seier Christensen, has invested an unannounced amount of money into Skynet Trading, through Seier Capital, the bank’s investment arm. According to the report, Skynet also received funding from Edessa Capital. The two investors become the first...

Elon Musk is planning to revolutionize banking with X (formerly Twitter). By securing money transmitter permits in half of the US states, X is set to provide its users with an innovative financial experience, merging banking services with social media....

The promise of cryptocurrency's decentralization has inevitably led to conflicts with centralized institutions. The most recent development in this ongoing battle emerges in the guise of the Lummis-Gillibrand Payment Stablecoin Act. This proposed law comes in the mix of cryptocurrency...

The Cyprus Securities and Exchange Commission (CySEC) released a public statement regarding the Investors Compensation Fund (ICF). It addressed the revocation of Leverate Financial Services Ltd's membership status. According to the announcement, the removal of Leverate’s ICF membership does not...

UniCredit, in partnership with Mastercard, has unveiled its enhanced pre-paid, credit, and debit cards incorporating the Mastercard Touch Card technology. This project seeks to improve accessibility for visually impaired individuals. The Mastercard Touch Card implements features designed to aid visually...

CFI Financial Markets, the UAE branch of CFI Financial Group, has declared a change in leadership, with Jareer Hiary assuming the position of Chief Executive Officer. Hiary will replace Nidal Abdel Hadi, who will now concentrate on personal projects. This...

The stakeholders of publicly listed NAGA GROUP AG (XETRA: N4G) have ratified the consolidation of the brokerage firm with CAPEX.com. A staggering 99.81 percent of NAGA shareholders expressed their support for the merger during the extraordinary general assembly held on...