Search Results for: EC
CySEC announced the authorization of a new Cyprus Investment Firm
July 23rd, 2018
The Cyprus Securities and Exchange Commission (CySEC), the financial regulatory authority of Cyprus, has issued today an announcement to inform that a new company has been approved by the Commission as a Cyprus Investment Firm (CIF). According the announcement, the firm ...
Bitcoin mining company declares itself largest miner by capacity
July 20th, 2018
The virtual currency’s price grew 16% to $7,400 in a week, as the US Congress prepares to examine whether cryptocurrencies constitute money. Hut 8, a Bitcoin mining company out of Toronto, Canada, announced this week that it has finished ...
SEC charges investment adviser and CEO with misleading retail investors
July 20th, 2018
The Securities and Exchange Commission (SEC) charged a Connecticut-based investment advisory firm and its chief executive officer with putting $19 million of investor money, including elderly investors’ retirement savings and pension plans, in risky investments and secretly pocketing hefty ...
US seeks record $75m. from marketer for steering victims to Israeli binary scams
July 19th, 2018
While Israeli law enforcement continues to ignore the country’s robust online fraud sector, the United States government has asked a Florida court to impose some $75 million in fines and penalties against a single alleged US-based binary options fraudster. ...
Asian stocks advanced, oil price declined, gold traded around the lowest in a year
July 18th, 2018
Asian stocks advanced after an upbeat assessment on the U.S. economy from Federal Reserve Chairman Jerome Powell comforted investors wary of a blowout in protectionism. Equities climbed from Tokyo to Sydney and U.S. futures edged up after the Nasdaq ...
Fintech startups told to follow the money or crash and burn
July 17th, 2018
Nine out of ten fintech startups fail to get beyond the seed stage, as risk-averse investors prefer to wave their wallets at later-stage companies. According to data from Medici, the average sums offered for seed-stage companies in 2010 were ...
Stocks in Europe are poised for a mixed open Tuesday; Technology stocks in focus
July 17th, 2018
Stocks in Europe are poised for a mixed open Tuesday as investors await further corporate results and remarks by Federal Reserve Chairman Jerome Powell. The FTSE 100 is seen up by 6 points at 7,601; the DAX is expected ...
Regulators need to adopt a more pro-competitive stance to fintech – EU Parliament
July 13th, 2018
EU regulatory bodies are failing to address competition issues in their public policy towards fintech developments in financial services, according to a report prepared for the European Parliament. The document, prepared for the Committee on Economic and Monetary Affairs, ...
cAlgo Becomes a Part of cTrader as cTrader Automate
July 12th, 2018
Spotware, an award-winning trading solutions provider, has announced the merge of cAlgo with cTrader Desktop in version 3.0. Now cAlgo has become the integral part of cTrader and is renamed to cTrader Automate. cTrader Automate is an all-inclusive algorithmic ...
Stocks in Asia declined, the Euro and the Aussie were down; Here are the main market moves
July 11th, 2018
Stocks in Asia declined with U.S. equity futures, industrial metals and China’s yuan after the Trump administration released the biggest list yet of Chinese goods it may hit with tariff increases, a move that China said will force it ...
