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Yen to Dollar rose, Euro was steady, Pound gained; Most Asian equities declined

May 24th, 2018 (0)
Japan stocks led declines in most Asian equities, with the yen extending gains amid more twists and turns on trade and lingering emerging-market risks. The dollar was steady and 10-year Treasury yields extended their decline below 3 percent. Automakers ...

SEC USA released a Public Statement by Chairman Jay Clayton on fraudulent Crypto ICOs

May 23rd, 2018 (0)
The U.S. Securities and Exchange Commission has released a Public Statement by Chairman Jay Clayton in relation to the North American Securities Administrators Association (NASAA) announcement of enforcement sweep targeting fraudulent ICOs and Crypto-asset investment products. According the Public ...

Regulators launch operation to crack down suspicious cryptocurrency investment schemes

May 22nd, 2018 (0)
Securities regulators across the United States and Canada announced dozens of investigations Monday into potentially deceitful cryptocurrency investment products, the largest coordinated crackdown to date by state and provincial officials on bitcoin scams. As many as 70 investigations have ...

How has the European equity market responded and performed in the wake of MiFID II?; AMF Chairman

May 22nd, 2018 (0)
Robert Ophèle, the Chairman of the Autorité des Marchés Financiers (AMF) that regulates participants and products in France’s financial markets, gave a speech during TradeTech Europe 2018 – 25 April 2018 about “How has the European equity market responded ...

European cities hotel forecast 2018 and 2019; Strong demand forecast

May 18th, 2018 (0)
PwC Global has released the results of its research on European cities hotel forecast 2018 and 2019. According the release, European cities saw unprecedented hotel performance in 2017. Almost all the cities in PwC’s latest forecast are expected to ...

Airlines to test consumer payments that bypass credit cards for direct sales

May 18th, 2018 (0)
Some airlines will test letting ticket buyers on their websites have an optional new way of paying that avoids the need for credit and debit cards. The world’s top airline lobbying group, the International Air Transport Association (IATA), has ...

Bitcoin goes into Free Fall as cryptocurrency price plummets in just 24 hours

May 16th, 2018 (0)
Bitcoin has seen a dramatic drop in value over the past day, falling from a high of $8824.17 per bitcoin on Tuesday to a low of $8292.10 shortly after midnight on Wednesday, representing a 6 per cent decrease. The ...

Deloitte veterans are launching a tokenized blockchain for supply chain

May 15th, 2018 (0)
Former members of Deloitte’s blockchain team are joining a new startup that seeks to bring a tokenized blockchain protocol to one of the world’s most inefficient markets. Announced Monday, a startup called Citizens Reserve is coming out of stealth, ...

Asus to pay millions euro to settle price manipulation allegations

May 15th, 2018 (0)
Taiwan’s Asustek Computer, known as Asus, on Friday said it reached an agreement with the European Union to pay about 65 million euros ($77.6 million) to settle allegations of price manipulation in its PC business in Europe. “Although it ...

Bloomberg and Galaxy Digital Capital Management launch Cryptocurrency Benchmark Index

May 14th, 2018 (0)
Bloomberg, together with Galaxy Digital Capital Management LP, a leading digital asset management firm founded by Michael Novogratz, launched the Bloomberg Galaxy Crypto Index (BGCI). The index is designed to track the performance of the largest, most liquid portion ...
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