Markets

Kraken, a well-known cryptocurrency exchange, has hired Stephanie Lemmerman as its new Chief Financial Officer. According to the announcement, Lemmerman has a strong background in finance and technology. She will begin her role at a time when Kraken wants to...

The Financial Commission announced that DeltaFX has been formally removed from its list of approved companies for not meeting certain standards or rules. This means that DeltaFX will no longer be part of the group that helps solve problems in...

Australian financial regulator, the Australian Securities and Investment Commission (ASIC) recently issued a warning for financial services and credit licensees. The regulator urged them to make sure their governance practices are keeping pace with the growing rate of AI adoption....

Darwinex Zero recently announced a new model that gives traders a chance to use €100,000 in virtual money. This money stays safe even when the markets go up and down. The company said that this new feature lets traders have...

Equinix, a large company in digital infrastructure, announced strong results for its third quarter and shared plans to expand in artificial intelligence (AI). The company said it had $2.2 billion in revenue for the quarter ending on September 30, which...

Devexperts, a software firm that creates tools for capital markets, has added new features to its AI-based virtual assistant, Devexa. The fresh features will benefit wealth managers, giving them tools to help customers and check portfolios. The new updates include...

DriveWealth, a US-based Brokerage-as-a-Service firm, has received a brokerage license from the Bank of Lithuania. This will help the firm grow its business in Europe. The new category B financial license will give DriveWealth the ability to set up its...

Retail traders have moved beyond just wanting high leverage and low spreads. They now want more safety for their money, industry experts stated. Standard rules do not seem enough anymore because FX and CFD clients expect more layers of security....

Polish fintech firm XTB has announced its operating financial results for Q3, 2024. According to the report, the company registered growth in profit and client onboarding during the period. The publicly listed company said it gained more than 108,000 clients,...

JPMorgan Chase recently started cracking down on all customers who took advantage of the so-called ‘infinite money glitch’ — a glitch in the bank’s cheque deposit service that allowed them to withdraw thousands of dollars from ATMs. JPMorgan Is Filing...

OKX, one of the leading crypto exchanges and onchain technology companies, recently announced that it has selected a third-party crypto custodian for its global institutional business, as the regulations require it to do. The platform picked to team up with...

The Cyprus Securities and Exchange Commission (CySEC) has decided to put a hold on the voting rights of FXOpen’s sole shareholder, Aliaksandr Klimenka. CySEC is worried that its control over the company might be too strong and could affect its...

Gemini recently announced that it has received In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. According to the company, the approval will allow it to provide international money transfers and digital...

Citigroup recently announced the start of a strategic partnership that will allow the bank to move parts of its massive financial infrastructure to a platform hosted by Google Cloud. Citi Teams Up With Google Cloud To Reduce Its Dependency On...

A wearable payment tech firm, Tappy Technologies, recently announced the launch of its brand new product — a fitness and payments ring. The ring was designed to combine fitness tracking with network card tokenization technology, allowing it to enable contactless...