ACY Securities Expands to South Africa with Ingot Brokers Deal
ACY Securities, a global multi-asset CFD broker, announced it has successfully acquired Ingot Brokers South Africa. This move marks an important step for the company as it becomes fully licensed to operate in the country. The Financial Sector Conduct Authority,...
SocGen Introduces Stablecoin On XRP Ledger
Societe Generale-FORGE (SG-FORGE) has revealed plans to introduce its EURCV stablecoin on the XRP Ledger (XRPL), which was created by Ripple. The company said the move would mark EURCV's third blockchain launch after Ethereum and a planned deployment on Solana....
AxiCorp Shows Interest In Acquiring SelfWealth With AUD 52 Million Bid
AxiCorp Financial Services, a company running a retail contracts for differences (CFDs) brokerage under the brand Axi, has shown interest in purchasing the Australian trading platform SelfWealth. According to reports, Axi submitted a bid of 23 cents per share, valuing...
Finalto Group Promotes Andrew Biggs To Chief Officer Of Finalto Trading
Finalto Group has announced the promotion of Andrew Biggs to Chief Executive Officer of Finalto Trading. The company, which operates under Finalto Group, said this change will enhance the services it offers alongside Finalto Financial Services, a leading financial institution....
National Payments Vision Introduced To Streamline Regulations In The UK
The UK Government has shared its National Payments Vision (NPV), promising to simplify the rules in the payments sector and build a leading payment system. The NPV, created over the past year, examines the results of the 2023 Future of...
Financial Firms Express Disappointment Over Cloud Results
Banks and other financial companies are not happy with how cloud services are working for them, according to a report by Capgemini. The report shows less than 40% of executives are satisfied with their cloud services. The recent findings came...
CySEC Removes AMP Global Ltd. from Investor Compensation Fund
The Cyprus Securities and Exchange Commission (CySEC) has announced that AMP Global Ltd. is no longer a part of the Investor Compensation Fund (ICF). CySEC’s decision follows AMP Global’s choice to give up its Cyprus Investment Firm (CIF) licenses. According...
AxiCorp Makes Bid To Acquire Australian Trading Platform SelfWealth
AxiCorp Financial Services, a company that runs a retail contract for differences (CFDs) brokerage under the brand name Axi, has shown interest in buying the Australian trading platform SelfWealth. According to a recent report, Axi submitted a bid of 23...
UK Government Targets Fintech And Sustainable Finance For Growth
According to the latest update, the UK government has announced plans to focus on fintech and sustainable finance as key areas for growth in the country’s financial services sector. Chancellor of the Exchequer, Rachel Reeves, revealed this in her first...
Bitfinex Hacker Faces Five Years In Jail For Bitcoin Theft
Ilya Lichtenstein, a hacker who stole huge amounts of Bitcoin from Bitfinex, has been sentenced to five years in prison. He was part of one of the biggest Bitcoin thefts in history. He and his wife, Heather Morgan, were caught...
Shiba Inu Faces Setbacks After Price Increase, Developers Talk About Growth
Shiba Inu, a cryptocurrency inspired by memes, recently went up in price but faced resistance at a key level and dropped again. Shiba Inu has a market value of around $13.75 billion, putting it in the eleventh spot among cryptocurrencies....
Interactive Brokers Grows Amid Stock Rally And Launch Of New Offerings
Thomas Peterffy, the Founder and Chairman of Interactive Brokers, commented on the stock market’s rise after Donald Trump’s election win. Broker stocks, including Interactive Brokers, went up during this rally. Peterffy said the rise might not be fair, but he...
Elon Musk Celebrates Dogecoin’s Rise Amid Market Surge
Elon Musk, the world’s richest person and the "Doge father," is back promoting the popular meme token Dogecoin (DOGE) as its value recently rose sharply. Musk retweeted a post on X that celebrated DOGE’s recent success, showing support for a...
Sunshine+Kittens Set To Launch, Bringing Fun Financial Learning To Kids
Sunshine+Kittens, a new app to help kids learn about money, is set to launch early next year. Charles O’Neil, one of the app's co-founders, and Chief Marketing Officer Dan Walsh shared their vision for the app, which has already partnered...
Monaxa To Unveil Proprietary Trading Services For Investors
Forex and CFD broker Monaxa is launching a new trading service called Monaxa Prop, according to a recent post from Chief Executive Officer Chris Trikomitis. He stated that the company is ready to roll out the platform soon, but details...