Markets

The Financial Conduct Authority (FCA) has shared new findings about how people in the UK view and use cryptocurrencies. According to the report, 12% of UK adults now own crypto, compared to 10% in previous surveys. Awareness of crypto also...

Greengage & Co. Limited has completed its first external debt transaction on the Coinbase Diamond platform. This platform works under the rules of the Abu Dhabi Global Market (ADGM). This step is important for Project Diamond, which aims to combine...

GCEX, a digital prime brokerage, has strengthened its partnership with Hex Trust, an institutional custodian, to launch the “Secured Accounts” service. This new service provides better protection for digital assets in the UK and EU markets. It builds on their...

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...