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Coinbase will start trading bitcoin rival ethereum on its cryptocurrency exchange

May 20th, 2016 (1)
Ethereum is having a moment. Coinbase, a bitcoin-only exchange, is planning to add support for ethereum, the company said today (May 19). Coinbase exchange users will be able to buy and sell ether, the virtual currency unit behind ethereum ...

ECommPay: Regulations of FOREX industry

May 18th, 2016 (0)
Forex (FX) regulation is crucial to both security and mutual trust between traders and operators. Companies operating from jurisdictions lacking in regulatory supervision are able to do so in an unfair and illegal manner without facing serious repercussions. Moreover, ...

Panama Says Tax Evasion ‘Not A Crime’ There

May 17th, 2016 (0)
It is a misnomer to call Panama a tax haven, but tax evasion in “not a crime” in the central American country and such a situation does not invite criminal proceedings, its Multilateral Affairs Minister Maria Luisa Navarro said ...

Saxo Bank appoints Chief Economist and CIO Steen Jakobsen as co-head of Global Sales Trading

May 17th, 2016 (0)
Saxo Bank has announced that Chief Economist Steen Jakobsen will join Theo Papathanasiou as co-head of Global Sales Trading. In conjunction with his new duties, Steen Jakobsen will remain Saxo Bank’s Chief Economist and CIO. The new setup is ...

Kuwait calls on Iran to join oil production freeze plan

May 16th, 2016 (0)
Kuwait has called on Iran to join an oil production freeze plan after major producers failed to agree on keeping output at current levels. The freeze scheme, spearheaded by Saudi Arabia, has coincided with Iran’s bid to redeem lost ...

Economics of Hosting the Olympics

May 16th, 2016 (0)
The Summer Olympics starts in Rio de Janiero in August. From the financial point of view of the host city, it’s very likely to be a money-losing proposition–just like almost all the other Olympic games in recent decades. Robert ...

Bloomberg Confirms its FX Benchmarks Comply with IOSCO Principles

May 12th, 2016 (0)
Bloomberg announced today the successful completion of an independent assessment confirming the alignment of the BFIX family of benchmarks with the International Organization of Securities Commissions’ principles for financial benchmarks. The assessment was conducted by Ernst & Young LLP ...

Exit from the MoU: What does it mean for Cyprus?

May 12th, 2016 (0)
On March 31st, 2016 the Cyprus government has officially exited the MoU with Troika after a three-year period. During this time, Cyprus has received around €7.2 billion (out of a total of €10 billion available) with a very low ...

Bitcoin operators await regulation in Japan

May 11th, 2016 (0)
Bitcoin operators await regulation in Japan amid push for legitimacy and widespread use Bitcoin operators are keenly watching the Diet as it deliberates bills to regulate the currency, believing the legislation is key to regaining the public trust’s in ...

Oil prices stable as brimming storage counters supply disruptions

May 10th, 2016 (0)
Oil prices were steady on Tuesday as brimming inventories and a looming refined products glut offset supply disruptions in Canada and elsewhere that have taken more than 2 million barrels a day of production out of the market. International ...
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