Shanghai Court Clarifies Legality Of Cryptocurrency Ownership In China
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 MTN Partners With Kinexys For Enhanced Cross-Border Payments
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 CBDC Advances With Chainlink, And Leading Tech Partners
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,...
IC Markets Global Continues Its Partnership With World Table Tennis For 2024-2025
IC Markets Global has announced that it will keep working with World Table Tennis (WTT) for the 2024-2025 season. The company will stay as the Official CFD Trading Partner of WTT, and they will team up to help grow the...
Riana Chaili Joins FTMO As Chief Operating Officer Of the Brokerage Division
Riana Chaili has confirmed her appointment as Chief Operating Officer at FTMO’s brokerage division. She is the second major hire by the Czech proprietary trading firm, following Michael Kamerman’s appointment as the Chief Executive Officer of the new division earlier...
Forex Trading Reaches New High At $130 Trillion In 2024
A report from the Bank of International Settlements revealed that global forex trading grew to $130 trillion by the middle of this year. This result was a 10% increase compared to last year. The rise was driven by yen trades...
Mastercard Reveals Bold Plans To Change Online Shopping In The Coming Years
Mastercard has shared its plan to revolutionize online shopping by 2030. The company wants to stop using physical card numbers and passwords. Instead, it will use fingerprints or face scans to make payments safe. This new technology is already being...
NXI Reaches Over 500,000 Registered Users With Growing Success
NXI, a UK gaming platform, has reached an important milestone with more than 500,000 registered users. According to the update, NXI now has 200,000 active users every month and has doubled its growth for three months. This is a major...
CySEC Strips Arumpro Capital Ltd Of Its Investment License
The Cyprus Securities and Exchange Commission (CySEC) has announced that two Cyprus Investment Firms (CIFs) lost their licenses. Earlier this month, CySEC removed Arumpro Capital Ltd's CIF authorization following the firm’s decision to give up its license. Arumpro Capital Ltd...
CyVers And Station70 Launch New Secure Signer Solution To Protect Institutions
CyVers and Station70, two companies that focus on Web3 security, have joined forces to create a new tool to protect transactions for all kinds of businesses. This tool helps keep wallets and transaction systems safe from attacks. CyVers announced the...
Robinhood Invests $300 Million In TradePMR To Enhance Financial Services
Robinhood has said it will buy TradePMR, a company that helps financial advisors manage their clients' investments. TradePMR works with Registered Investment Advisors (RIAs). This move will help Robinhood start offering more services in wealth management. According to Robinhood, the...
eToro Sees 300% Increase In Bitcoin Positions In November
eToro, a company that lets people trade both CFDs and real cryptocurrencies, has revealed that the value of new Bitcoin positions went up by more than 300%. This increase occurred in the first two weeks of November compared to October....
Gemini Begins Operations In France After VASP Approval
Crypto and web3-based firm Gemini has entered the French market after registering as a Virtual Asset Service Provider (VASP) earlier this year. The company said this step fits with its plan to grow in Europe and use France’s growing interest...
Former BIT Mining Chief Executive Officer Charged In $1.9 Million Bribery Case
US officials have charged the former leader of BIT Mining Ltd. for planning a large bribery scheme. The company, once known as 500.com, is accused of trying to bribe Japanese government officials with $1.9 million between 2017 and 2019. The...
Government Agencies Examine Citigroup’s Money Policies
The United States government is investigating Citigroup because of its activities with a trust linked to a Russian billionaire. The Department of Justice, the Federal Bureau of Investigation, and the Internal Revenue Service are part of the investigation. They are...