XTB Becomes Largest Brokerage Firm in Poland By Accounts
XTB, a public brokerage firm based in Poland, said it now holds the highest number of client accounts in the country. The news comes after the company passed BM mBank, which held the top spot for 15 years. According to...
Robinhood Expands Into Europe With Tokenised U.S. Stocks
Robinhood, a well-known U.S.-based stock trading app, has announced a new plan to offer tokenised U.S. stocks to European investors. Tokenisation means transforming real-world assets like stocks into digital versions on a blockchain. The company said this move will simplify...
iFOREX Evaluates Strategic Listing On The London Stock Exchange
London’s capital markets could soon welcome another player in the fintech space, as iFOREX, an online trading platform, explores the possibility of listing on the London Stock Exchange. Founded by Eyal Carmon in 1996, iFOREX offers a digital platform for...
New Hampshire Becomes First State To Add Bitcoin To Treasury Reserves
New Hampshire has made history by becoming the first state in the U.S. to officially add Bitcoin to its treasury reserves. Governor Kelly Ayotte signed House Bill 302, which creates the Strategic Bitcoin and Digital Asset Reserve. This decision marks...
Nordic Countries Build Offline Payment Systems Amid Rising Tensions
The Nordic countries, including Finland, Sweden, Norway, Denmark, and Estonia, have shared new plans to create backup systems for card payments. The countries said users can pay with their cards even if the internet stops working. According to reports, many...
Google Introduces Gemini Nano To Enhance Chrome’s Safe Browsing Protection
Google has announced a new layer of browser protection, integrating its on-device large language model, Gemini Nano, into the latest Chrome 137 release. The company described this addition as a step to strengthen its Enhanced Protection mode under Chrome’s Safe...
Coinbase To Acquire Crypto Options Exchange Deribit For $2.9 Billion
Coinbase has shared its plan to acquire Deribit, a leading crypto options exchange, for $2.9 billion. The agreement includes $700 million in cash and 11 million shares of Coinbase’s Class A common stock. The company currently eyes Deribit’s $30 billion...
TD Securities Adopts Data-Driven Platform To Enhance Capital Markets Operations
The International Swaps and Derivatives Association (ISDA) announced that TD Securities successfully integrated ISDA Create into its global suite of client trading and regulatory agreements. This change is part of a bigger industry shift from paper-based processes to digital platforms, aiming to...
IG Group Launches Exclusive High-Interest Deal On Uninvested Cash
London-based online trading giant, IG Group, has introduced a new offer giving UK clients up to 8.5 per cent AER variable interest on uninvested cash. The firm revealed that the offer applies only to new customers opening accounts through its...
Klarna Shifts Strategy, Brings Back Human Support Agents
Klarna is pulling back from its earlier focus on artificial intelligence after a year of cutting customer service roles. The financial tech company had used AI to reduce its workforce significantly, but it now says real human support is still...
David Geale To Lead FCA Digital Finance And PSR As Groups Combine
The Financial Conduct Authority (FCA) has given David Geale two major leadership roles. He will now guide digital finance and payments for the FCA, while also becoming the head of the Payment Systems Regulator (PSR). This comes as the government...
Alexander Mashinsky Sentenced To 12 Years For Defrauding Celsius Investors
Alexander Mashinsky, the former leader of Celsius Network, received a 12-year prison sentence after he entered a guilty plea to two counts of fraud. The decision, delivered by U.S. District Judge John G. Koeltl at the Southern District courthouse in...
New Revolut Feature Uses Lightning Network For Faster Transfers
Revolut is working with Lightspark to allow faster Bitcoin payments using the Lightning Network. The company said this partnership will help users in the United Kingdom and selected European countries transfer Bitcoin more quickly and with lower fees. Traditional Bitcoin...
FCA Unveils Findings Of Latest Review On Smaller Asset Management Firms
The Financial Conduct Authority (FCA) has disclosed the outcome of its most recent review of smaller asset management and alternative investment firms. This review formed part of a supervisory strategy introduced to detect business models that may expose consumers to...
Report Shows Major Drop In Active Traders In Spain’s Leverage Market
Spain’s leveraged trading market has fallen sharply over the past year, according to a new report by Investment Trends. The number of active FX and CFD traders declined by 10%, reaching just 35,000 by February. This continues a trend that...