Search Results for: Vest Financial
ISXPay: Further Australian card acquiring/processing contracts executed
October 11th, 2017
Highlights ISXPay gains further traction in Australia with customer addition Card Transactions in excess of $52m per annum to be processed, cleared and settled to Merchants bank accounts by ISXPay Average Net Margin in excess of 77 basis points ...
Russia to ban Bitcoin Exchange websites, says Central Bank Official
October 10th, 2017
Russia will block access to websites of exchanges that offer crypto-currencies such as Bitcoin, Russian Central Bank First Deputy Governor Sergei Shvetsov said on Tuesday. He called them “dubious”. Russian financial authorities initially treated any sort of money issued ...
US to raise crowdfunding ceiling to $5 million in regulatory shake-up
October 9th, 2017
The U.S. Department of the Treasury released a report detailing how to streamline and reform the U.S. regulatory system for the capital markets. Treasury’s evaluation of current capital market regulations found that there are significant reforms that can be ...
The upcoming increase in interest rates
October 6th, 2017
Last week, both Janet Yellen of the Fed and Mark Carney of the Bank of England prepared financial markets for interest rate increases. The working assumption should be that this was coordinated, and that both the ECB and ...
Singapore Drafting AML Regulations Around Cryptocurrency
October 6th, 2017
Singaporean Deputy Prime Minister Tharman Shanmugaratnam, who also serves as Minister in Charge of the Monetary Authority of Singapore (MAS), has revealed that MAS is in the process of devising a new regulatory framework to address money laundering and ...
Government officials fired when caught mining bitcoin using government computers
October 5th, 2017
Two government officials of the Crimean Council of Ministers were caught mining bitcoin using government computers and were subsequently fired. They reportedly installed “malicious software” on the government’s server and programmed over a dozen computers to mine bitcoin. The ...
Bitcoin could hit $6,000 by year-end, experts said
October 4th, 2017
Bitcoin could rally nearly 40 percent to hit $6,000 before the end of the year but investors should brace for more volatility, according to industry experts. The cryptocurrency was trading around $4,333 on Tuesday. The third quarter has been ...
ESMA finalises MiFID II’s Derivatives Tradings Obligation
October 2nd, 2017
The European Securities and Markets Authority (ESMA) has issued its final draft Regulatory Technical Standard (RTS) implementing the trading obligation for derivatives under the Markets in Financial Instruments Regulation (MiFIR). ESMA’s draft RTS provides the implementing details for on-venue ...
Bitcoin shows that can survive and thrive without China
September 28th, 2017
Bitcoin traders have got a couple of things right lately. The digital currency can survive and thrive without China. And government regulation is positive, not negative, for the future of Bitcoin and other major cryptocurrencies. It adds credibility to ...
Online stock broker to pay a penalty of $200,000
September 28th, 2017
The Australian Securities and Investments Commission has issued today an announcement to inform that an online stockbroker that provides execution-only brokerage services pays $200,000 infringement notice penalty. According the announcement, OpenMarkets Australia Limited (‘OpenMarkets’) has paid a penalty of $200,000 ...
